Boeing loses ground to Airbus on jet deliveries as production issues continue to weigh

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Boeing loses ground to Airbus on jet deliveries as production issues continue to weigh

Boeing Co. sold more aircraft than Airbus SE EADSY, +0.12% last year but delivered half as many passenger jets, in a sign of the changing landscape facing the world’s two dominant plane makers.

Chicago-based Boeing BA, +3.21% said Tuesday that it won orders for 909 planes in 2021 but delivered only around 280 passenger jets, falling behind Airbus and relying more on its cargo jets and military versions of commercial planes. Including cancellations, Boeing secured 535 net new orders, including older deals for 56 planes that it now considers more likely to be fulfilled.

See also: Delta Air reports this week, giving investors a first look into U.S. airlines’ performances

Airbus on Monday said it delivered 611 jets in 2021 and won orders for 771, or 507 net of cancellations.

 

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