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Airbus beats Boeing in 2010 plane orders

A late rush of orders helped European aircraft-maker Airbus to record higher sales than US rival Boeing in 2010.

Airbus said it had received 644 new orders last year, worth $84bn at their full list price - with 200 of them placed in December.

That was enough to push Boeing into second place with 625 plane orders.

"Aviation is growing again because of Asia, low-cost carriers and emerging markets," said Airbus sales head John Leahy.
Industry recovery

His comments come after the leading European budget airline Easyjet cemented its relationship with the European manufacturer earlier this month with 15 new A320 orders.

After allowing for cancellations of existing orders, Airbus - with 574 net new orders and a 52% market share - still beat Boeing, which received 530 net orders.

Both firms saw their number of orders approximately double from last year, as airlines showed increasing confidence that the recession was behind them.

"The figures show the economy is improving," added Mr Leahy. "The only negative on the horizon is the fuel price."

Airbus also maintained its eight-year lead over Boeing in the number of deliveries of finished planes.

The firm reported 510 deliveries for the year, up 12% from 2009, and is targeting 520-530 more deliveries this year.

That compares with 462 for Boeing, which was down 4% on 2009.

BBC News

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