Airbus flying past a struggling Boeing

 

| Photo by Pixabay / Pexels

Latest reports from the two leading aircraft producers suggest Airbus is on track to stroll past Boeing this year and become the largest plane maker for the first time in 8 years. The ongoing 737 MAX crisis has lasted four months, already longer than Boeing or any of its stakeholders anticipated.

Airbus announced that they had delivered 389 aircraft in the first half of this year, up 28 per cent on a back-ended 2018. They now need only perform in line with 2018 to reach their 880-890 aircraft guidance for the year. The mix shift within the deliveries was also a notable positive. Of the 294 A320 Family planes delivered, 234 were the higher price point and margin A320neo aircraft, compared to just 110 neo deliveries in the first half of 2018.

Read the full analysis here.

 

Airbus was recommended by 2018 Sohn Hearts & Minds Conference speaker, Chris DeMasi from Montaka Global Investments.

 

 

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