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Airbus Loses Half Its New Orders to Cancellation in January

Boeing (NYSE: BA  ) released its latest report on airplane orders received and canceled through the first six weeks of 2014 this week, showing no improvement since January. Airbus (NASDAQOTH: EADSY  ) , meanwhile, reported its results for January only -- and the news wasn't much better.

To date, the European planemaker has booked only:

  • Seven "gross" orders for its conventionally engined A321ceo narrowbody, ordered by American Airlines (NASDAQ: AAL  )
  • Two orders for the new A350 XWB, specifically, A350-900s to be bought by Libyan Airlines
  • A single order for a narrowbody A319ceo for Tibet Airlines. 

After subtracting the five cancellations of A319ceo and A320ceo jetliners, this therefore leaves Airbus with only five net new plane orders for the first month of the year. Against that, Boeing's total of 35 net new orders booked in the month (and also year-to-date) looks pretty good.

In related news, Airbus confirmed that it made 39 deliveries in January, or four more planes than it delivered in January 2013, a fact that Airbus says demonstrates "the company's higher output rates."

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  • Report this Comment On February 16, 2014, at 7:44 PM, etsosie wrote:

    Rich... really need to research the market more.

  • Report this Comment On February 17, 2014, at 8:39 AM, RIATdog wrote:

    It's somewhat foolish to focus on such a short period of time when it comes to aircraft orders & deliveries. Airbus just sold over 100 planes at the Singapore airshow, so this article is out of date already.

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Rich Smith

As a defense writer for The Motley Fool, I focus on defense and aerospace stocks. My job? Every day of the week, I'm monitoring the news, figuring out the winners and losers, and tracking down the promising companies for you to invest in. Follow me on Twitter or Facebook for the most important developments in defense & aerospace, and other great stories.

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