Boeing (NYSE:BA) released its latest report on airplane orders received and canceled through the end of last month this week. "Gross" orders taken in since the beginning of the year leapt to 275 -- more than twice where these orders stood a month ago.
To date, the European planemaker has booked only:
- 98 "gross" orders for A318, A319, A320, and A321 narrowbody jets.
- 28 orders for larger A330 family aircraft.
- 20 orders for superjumbo A380 jets (unchanged from last month).
- 12 more for the A350 widebody (likewise).
That works out to just 158 gross new orders in all -- 40 more than one month ago, and barely half what Boeing has sold.
Even worse news for Airbus is that for every three plane orders it's taken in, it has lost about one order to cancellation -- 55 so far this year. So far, 11 A319 orders have been cancelled, along with 27 A320s, five A330-300s, and 12 A350-800s.
Result: After subtracting Airbus's 55 cancellations from its 158 new orders, the planemaker is left with a net of only 103 new orders so far this year. Boeing, meanwhile, boasts more than twice as many -- 235 net new orders.