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Airbus Outsells Boeing, Sets Sights on Deliveries Crown

Airbus Outsells Boeing, Sets Sights on Deliveries Crown

The 1,109 net orders came from 44 customers, and the company ended the year with an overall backlog of 7,265 aircraft valued at US$1.06 trillion at list prices. As a result, Airbus has a book-to-bill ratio of 1.5 (that is, the ratio of orders received to units delivered and invoiced - "billed" - over a specific period; a ratio of more than 1 shows that demand is strong).

The breakdown of 2017 deliveries was: 558 single-aisle A320 family (including 181 A320 new engine option, or neo, versions) aircraft, 67 A330 wide-bodies, 78 A350XWB wide-bodies (an increase of almost 60% over 2016), and 15 A380 Superjumbos. First to go was sales chief John Leahy who retired.

On Monday, Airbus' outgoing chief operating officer, Fabrice Brégier, said "there are clearly other potential customers beyond Emirates".

Airbus booked contracts for 1,109 airliners, or 52 percent more than in 2016, the Toulouse, France-based company said in a statement Monday, extending the margin over Boeing to 197 aircraft as its rival secured 912 net orders. Guillaume Faury will replace Brégier, and Leahy's replacement is Eric Schulz.

The order for 430 A320neo jetliners from Indigo Partners was the largest in Airbus history. The new pricing includes a 2% increase across the entire product line. The business said not only was that a new industry record, but it was the sixth consecutive year which Boeing has delivered the most planes over a calendar year.

The company produced 15 in 2017, will hand over 12 this year and just eight in 2019. With a list price of $446 million, the plane is one of the most expensive and least flexible for airlines to deploy in their fleets.

The European aerospace group had been banking on another big order from main client Emirates in November, but the Dubai-based airline decided instead to buy 40 of Boeing's 787 Dreamliners.

It's no secret that the Airbus A380 has been on life support for some time with Airbus cutting production but Airbus has now admitted that if it doesn't get a new order from Emirates it will have to kill the A380 project.

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