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Airbus beats Boeing in airshow orders race

Published on NewsOK Modified: July 17, 2014 at 4:14 pm •  Published: July 17, 2014
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FARNBOROUGH, England (AP) — Airbus beat rival Boeing in the aircraft order stakes at this year's Farnborough International Airshow, getting nearly twice as many orders and commitments.

The victory by the European aircraft manufacturer is its second in a row in the unofficial airshow competition after last year's triumph in Paris — the French capital and Farnborough, a town in southern England, alternate the location of the airshow.

For years, the airshow has served as a platform for a sales race between the world's two major aircraft makers, who are having to cater to customers increasingly interested in new-generation, energy-efficient planes to offset huge increases in the price of jet fuel.

Though Airbus clinched more deals at Farnborough, Boeing insisted that it has won more in the year to date. Boeing put its figure at 783 and Airbus' at 648.

Airbus said Thursday its orders and commitments at Farnborough for 496 aircraft were valued at $75 billion. Demand for its A320neo, or "new engine option," was particularly strong. Boeing, meanwhile, secured business worth $40.2 billion for 201 airplanes.

"The orders and commitments we've received at this record-breaking Farnborough for both the A330neo and A320neo families are together an unequivocally resounding endorsement for these most cost-efficient aircraft," said John Leahy, Airbus' chief operating officer.

Airbus' orders intake included the largely updated versions of its A330 wide body aircraft, which launched this week. Airbus says the plane is more fuel efficient and has a longer range to help it compete against Boeing's 787 Dreamliner.

Edward Hunt, a senior consultant with IHS, put Airbus' win in part to the fact that the Airbus plane was sort of an old standby. The A330 has sold well and is widely in use, making it simple to service and avoiding the necessity to train pilots on a new aircraft.

But he said both manufacturers had similar offerings and that what airlines were looking for were good deals.

Each company tends to inflate its sales figures — and save up previously announced agreements to make a big splash at the show. Customers regularly negotiate enormous discounts, but the details on such sales are usually secret.

"Airbus has definitely caught up," said Hunt. "If I were Boeing, I would be a little bit worried."

But Hunt said the race for top numbers at the airshow obscures the fact that aircraft are purchased all year long — where buyers can take their time and have a tour of the factory.

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