HomeNewsWorldAirbus deliveries rose 8 %, orders outpaced Boeing in 2016

Airbus deliveries rose 8 %, orders outpaced Boeing in 2016

Confirming an estimate published by Reuters, the European planemaker said on Wednesday it delivered 688 aircraft in 2016, compared with an official company forecast of more than 650 and a goal set by its finance director of more than 670.

January 11, 2017 / 16:59 IST
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Airbus posted an eight percent rise in deliveries last year, beating its own forecasts by a comfortable margin to set a company record, and pulled off a last-minute surge in orders to beat arch-rival Boeing in the race for new orders.

Confirming an estimate published by Reuters, the European planemaker said on Wednesday it delivered 688 aircraft in 2016, compared with an official company forecast of more than 650 and a goal set by its finance director of more than 670.

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Deliveries rebounded at the year-end after problems in the supply chain.

Airbus planemaking president Fabrice Bregier told a news conference he expected more than 700 deliveries in 2017, but without the last-minute frenzy seen last year due to problems in receiving engines and cabin equipment.