In the latest round of their decades-long battle for dominance in commercial aircraft, Europe’s Airbus established a clear sales lead over Boeing even before the American company encountered more fallout from manufacturing problems and ongoing safety concerns.
FILE – An Airbus A350 prepares to land at the Dubai Air Show, United Arab Emirates, Nov. 14, 2023. In the latest round of their decades-long battle for dominance in commercial aircraft, Europe’s Airbus has established a clear sales lead over Boeing as the American company deals with the fallout from manufacturing troubles and ongoing safety concerns.
“This has been an incredibly strong market recovery, and people need more jets than they’re getting,” said Richard Aboulafia, a managing director at AeroDynamic Advisory. “And until they get those jets, you don’t have enough capacity. Guess what goes up? Ticket prices.” In an April 25 call with journalists, Faury was reserved about how much the company could speed up production, even with 8.7 billion euros in cash on hand. Airbus was managing “a diversity of challenges” in getting the parts it needs, he said, and must “make sure that we ramp up at a pace that is compatible with the weakest suppliers.”
Given that, “Airbus is playing it well. They’re being very, very humble. It’s smart because they can’t exploit it,” Berger said. Airbus’ success is not just due to Boeing’s missteps. The company is benefiting from its decision to launch the A321neo, a single-aisle aircraft with 180 to 230 seats. “Neo” stands for new engine option, meaning highly fuel efficient engines that save airlines money on one of their biggest costs. Boeing rushed to match with the Max, a 737 equipped with new, more efficient engines, only to run into trouble with the crashes and door plug.. Boeing is without a competing product in that niche.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Boeing put under Senate scrutiny during back-to-back hearings on aircraft maker's safety cultureAn engineer at Boeing said Wednesday that the aircraft company, in rushing to produce as many planes as possible, is taking manufacturing shortcuts that could lead to jetliners breaking apart.
Read more »
FAA Investigating Boeing Whistleblower's Claims of Safety ConcernsThe US Federal Aviation Administration (FAA) is investigating a Boeing whistleblower’s claims the company dismissed safety and quality concerns in the production of the planemaker’s 787 and 777 jets.
Read more »
Boeing Engineer Claims 787 Dreamliner Assembly Defects Threaten SafetyFederal aviation authorities are investigating claims by a Boeing engineer that the 787 Dreamliner suffers from assembly defects that threaten safety. The engineer, Sam Salehpour, accuses the company of prioritizing profit over safety and retaliating against him for raising concerns.
Read more »
Loss of engine cover on Southwest Boeing 737-800 prompts FAA investigationSouthwest Flight 3695 returns safely to Denver International Airport around 8:15 am local time on April 7 and is towed to the gate after losing the engine cowling. No one was injured.
Read more »
US FAA says Boeing plane’s engine cowling fell off during takeoffThe US Federal Aviation Administration said on Sunday it will investigate after an engine cowling on a Southwest Airlines Boeing 737-800 fell off during takeoff in Denver and struck the wing flap.
Read more »
Boeing calls off its first astronaut launch because of valve issue on rocketCAPE CANAVERAL, Fla. (AP) — Boeing called off its first astronaut launch because of a valve problem on the rocket Monday night.
Read more »