Airbus Still Lagging Boeing in 2014 Aircraft Orders

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.

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  • Report this Comment On May 14, 2014, at 10:47 AM, robbieremp wrote:

    How many planes are they going to build? Since fuel is climbing up and out of sight, all these new jets must be aimed for the mid-east market to carry pilgrims to Mecca. Fuel there is much cheaper; the rest of us will have to back to walking.

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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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