Airbus continuing to lose air wars to Boeing?

Wednesday, 10 Jul, 2006 0

Airbus won only 117 plane orders in the first half of the year, trailing far behind its US rival Boeing, according to just-released figures.

Airbus numbers were less than 25% of the 480 new-plane orders reported by Boeing as of the first part of the month.

The manufacturer’s problems were compounded by an ongoing investigation into what caused an Airbus A-310 operated by Sibir Airlines this week to overshoot a runway in the Siberian city of Irkutsk and crash.

About 130 people died in the accident.

Airbus officials declined to comment on the incident, according to press reports, deferring instead to Russian investigators.

It all continued a “recent spate of bad news” for Airbus, wrote USA Today.

Airbus has been turning out more jets than Boeing in recent years, but the latest figures “suggest Airbus may lose its lead in coming years,” speculated the Associated Press.

Airbus has won more orders than Boeing for five straight years but it has fallen behind in recent years in selling the larger and more profitable jets.

The Toulouse, France-based Airbus is reportedly struggling with production delays to its A380 super-jumbo and weak sales of its planned A350. Design concepts are being re-evaluated.

In a company shake-up, CEO Christian Strieff took over earlier this month at Airbus.

In more bad news, the company shares lost more than a quarter of their value after a seven-month production hitch was revealed. And finally, two groups representing French small shareholders have filed legal action over the production delays.

Report by David Wilkening

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David

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