Airbus Updates Orders; Still Lagging Boeing

70 news orders taken in in May, but every one was for a small single-aisle jet.

Jun 6, 2014 at 3:06PM

Airbus' (NASDAQOTH:EADSY) latest orders report, covering sales in May, shows that the European planemaker has booked orders for 70 additional aircraft over the past month.

So far in 2014 Airbus has received:

  • 240 gross orders for A318, A319, A320, and A321 narrow-body jets
  • 34 orders for larger A330 family aircraft
  • 20 orders for super-jumbo A380 jets
  • 12 for the A350 wide-body

This works out to just 306 gross new orders in all. That's 70 more than Airbus had on its books one month ago, but still lagging far behind Boeing's tally for orders collected to date. Taking cancellations into account, Airbus said the net orders it's booked during the first five months of 2014 total 203. This week Boeing reported 394 net orders so far in 2014.

Also worth noting is that Boeing has been having some success in persuading buyers to place orders for its 777 wide-body jet, landing three orders in the past two weeks. In contrast, all 70 of Airbus' orders for the past month were for small, lower-priced, single-aisle jets.

Even worse news for Airbus is that for every three plane orders it takes in, it's still losing about one order to cancellation -- 103 planes canceled so far this year. Again, this is a slight improvement over the orders-to-cancellations ratio we saw at Airbus one month ago. But it's twice Boeing's rate of cancellations.

To date, 11 of Airbus's A319 orders have been canceled, along with 36 A320s, 39 A321s, five A330-300s, and a dozen A350-800s. After subtracting Airbus's 103 cancellations from its 306 new orders, the European plane-maker is left with a net of only 203 new orders so far this year -- barely half of Boeing's net new order tally.

Boeing's latest report showed gross orders taken in since the beginning of the year reached 448. After subtracting 54 plane orders canceled, this left the Seattle plane-builder with 394 net new orders. The company has received orders for more than 100 new planes over the past month.

Discover a top stock pick for 2014
Every year, The Motley Fool's chief investment officer hand-picks 1 stock with outstanding potential. Just click here to download your free copy of "The Motley Fool's Top Stock for 2014" today.

Rich Smith has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Money to your ears - A great FREE investing resource for you

The best way to get your regular dose of market and money insights is our suite of free podcasts ... what we like to think of as “binge-worthy finance.”

Feb 1, 2016 at 5:03PM

Whether we're in the midst of earnings season or riding out the market's lulls, you want to know the best strategies for your money.

And you'll want to go beyond the hype of screaming TV personalities, fear-mongering ads, and "analysis" from people who might have your email address ... but no track record of success.

In short, you want a voice of reason you can count on.

A 2015 Business Insider article titled, "11 websites to bookmark if you want to get rich," rated The Motley Fool as the #1 place online to get smarter about investing.

And one of the easiest, most enjoyable, most valuable ways to get your regular dose of market and money insights is our suite of free podcasts ... what we like to think of as "binge-worthy finance."

Whether you make it part of your daily commute or you save up and listen to a handful of episodes for your 50-mile bike rides or long soaks in a bubble bath (or both!), the podcasts make sense of your money.

And unlike so many who want to make the subjects of personal finance and investing complicated and scary, our podcasts are clear, insightful, and (yes, it's true) fun.

Our free suite of podcasts

Motley Fool Money features a team of our analysts discussing the week's top business and investing stories, interviews, and an inside look at the stocks on our radar. The show is also heard weekly on dozens of radio stations across the country.

The hosts of Motley Fool Answers challenge the conventional wisdom on life's biggest financial issues to reveal what you really need to know to make smart money moves.

David Gardner, co-founder of The Motley Fool, is among the most respected and trusted sources on investing. And he's the host of Rule Breaker Investing, in which he shares his insights into today's most innovative and disruptive companies ... and how to profit from them.

Market Foolery is our daily look at stocks in the news, as well as the top business and investing stories.

And Industry Focus offers a deeper dive into a specific industry and the stories making headlines. Healthcare, technology, energy, consumer goods, and other industries take turns in the spotlight.

They're all informative, entertaining, and eminently listenable. Rule Breaker Investing and Answers are timeless, so it's worth going back to and listening from the very start; the other three are focused more on today's events, so listen to the most recent first.

All are available for free at www.fool.com/podcasts.

If you're looking for a friendly voice ... with great advice on how to make the most of your money ... from a business with a lengthy track record of success ... in clear, compelling language ... I encourage you to give a listen to our free podcasts.

Head to www.fool.com/podcasts, give them a spin, and you can subscribe there (at iTunes, Stitcher, or our other partners) if you want to receive them regularly.

It's money to your ears.

 


Compare Brokers