Airbus 2012 Deliveries Rise 10%, Beats Order Target
Source: dpa-AFX Wirtschaftsnachrichten GmbH
CHICAGO (dpa-AFX) - Airbus, the aircraft manufacturing segment of European Aeronautic Defence and Space Co. or EADS NV (EADSY.PK, EADSF.PK), reported Thursday a 10 percent increase in deliveries for the year 2012, while adding that it exceeded its order target. The company noted that market preference for its A320neo continues.
Airbus delivered 588 aircraft in the year to 89 customers, higher than last year's 534 aircraft. 2012 was the 11th year in a row of increased production. In single aisles, Airbus made 455 deliveries, compared to 421 aircraft in 2011. Widebody deliveries reached 103 aircraft, higher than the 87 aircraft delivered a year ago. The company stated that the increased deliveries underline the success of the A330 Family which is being produced at the highest monthly production rates ever.
The company won 914 gross orders and exceeded its order target of 650. These orders include 305 CEO, 478 A320neo, 82 A330/A340s, 40 A350 XWB and nine A380s. According to Airbus, its backlog sets a new industry-wide record of 4,682 aircraft valued at over $638 billion.
Airbus' share of total aircraft sales by value in 2012 is 41.5 percent, and net orders reached 833 aircraft worth $96 billion. These include 739 A320 Family aircraft, of which 478 are NEO, confirming its over 62 percent market dominance since launch. In the widebody market, 58 A330s and 27 A350 XWB were ordered. In the very large aircraft segment, Airbus won nine out of 10 orders demonstrating the market's preference for the A380.
Read more: http://www.finanznachrichten.de/nachrichten-2013-01/25721011-airbus-2012-deliveries-rise-10-beats-order-target-020.htm
Sherman A1
(38,958 posts)this may further increase.
davidpdx
(22,000 posts)If they don't Airbus is going to pretty much take over the industry.
Sherman A1
(38,958 posts)and Boeing is much better than this, or at least they used to be.
davidpdx
(22,000 posts)Which is essentially who Airbus is funded by.
Ghost Dog
(16,881 posts)of getting big jobs done. It involves planning, for a start...
/... http://www.economist.com/news/business/21565629-france-and-germany-lead-revival-state-intervention-big-brother-back?zid=293&ah=e50f636873b42369614615ba3c16df4a
davidpdx
(22,000 posts)BAE would have been a good match for them and the failure of the two to merge could give Boeing a break.
Ghost Dog
(16,881 posts)Sen. Walter Sobchak
(8,692 posts)1. They tried to emulate the Airbus business model honed over at that time thirty-five years overnight.
2. They ignored that in the beginning the constituent parts of Airbus had extensive experience building airplanes. At the inception of Airbus the consortium members had successfully delivered commercial aircraft independently.
Boeing's partners were chosen based on the government subsidies in their given jurisdiction rather than any particular ability to perform.
Boeing will eventually get it right, but only after Airbus and their customers beat them upside the head for years and years.
The problem with Boeing since the 70's has been they're arrogant and oblivious in the face of emerging competition and their own customers needs. There never would have been an Airbus without Boeing refusing to build the twin-engine widebody demanded by Eastern Airlines and American Airlines in 1966. The required specs made their way to French industrialist Roger Béteille and the rest is history. As the Europeans were setting about building the airplane Boeing wouldn't a Boeing executive snapped to a reporter that Airbus would build a dozen A300's and then go out of business.
Didn't work out that way and the last A300 was built in 2007.
davidpdx
(22,000 posts)Which is going to create a more competitive environment.
Sen. Walter Sobchak
(8,692 posts)The Chinese are showing signs of making the same mistakes the British did independently. State-owned aircraft makers designing airplanes to the specific needs of state-owned airlines rather than anything with wide international appeal.