Boeing's (NYSE: BA ) latest weekly report of airplane orders received and canceled through May 6 shows "gross" orders taken in since the beginning of the year reached 345. Subtracting 54 canceled aircraft orders leaves the Seattle plane builder with 291 net new orders, up three from the previous week.
Rival Airbus (NASDAQOTH: EADSY ) this week released its latest report, covering sales landed in April, showing that to date in 2014, the European plane maker has booked 236 "gross" orders, 78 more than one month ago, but still lagging far behind Boeing's tally for orders collected year to date. Airbus' orders breakdown like this:
- 170 "gross" orders for A318, A319, A320, and A321 narrow-body jets;
- 34 orders for larger A330 family aircraft;
- 20 orders for superjumbo A380 jets (unchanged from last month); and
- 12 more for the A350 wide-body (likewise).
Even worse news for Airbus is that for every 2.5 plane orders it has taken in, it has lost about one order to cancellation -- 94 planes canceled so far this year. Again, this is a slight improvement over the orders-to-cancellations ratio of one month ago. But even so, to date, 11 of Airbus' A319 orders have been canceled, along with 27 A320s, 39 A321s, five A330-300s, and a dozen A350-800s.
Result: After subtracting Airbus's 94 cancellations from its 236 new orders, the company is left with a net of 142 new orders so far this year -- less than half of Boeing's net new order tally.