Jet Sale 2016

2016 Jet Sale

In 2016, Boeing surpasses Airbus jet delivery by $15 billion. Airbus was able to increase revenues in 2016 thanks to an immediately signed contract with Iran Air. However, Boeing supplied significantly more aircraft, especially the more expensive large jet aircraft. Boeing's overall output exceeded that of its competitors in Europe by around 15 billion dollars. Airbus 2016 saw more aircraft than Boeing as a result of a major order from Iran in December.

However, Boeing produced more aircraft last year, especially the higher-quality large jet aircraft. The Airbus figures published on Wednesday show that the aircraft manufacturer in Europe sold 98 aircraft to Iran in December, enabling it to outperform Boeing by 63 aircraft for the year. Airbus had to contend with manufacturing bottlenecks, especially in the first half of 2016.

However, in a belated attempt, it succeeded in delivering a remarkable number of aircraft in December and, with 688 aircraft shipped, just exceeded its annual goal. Nevertheless, Boeing production facilities here and in South Carolina last year constructed a further 60 aircraft for a combined 748. There was an even greater gulf between the two in the costly wide-body class, where Boeing produced 115 more wide-body aircraft than Airbus.

In view of these issues, Brégier predicted that A320neo and A350 aircraft will be delivered more this year when they go into service. John Leahy, Head of Marketing at Adobe, pledged "a new shipping record" for 2017. Boeing's 2016 supply shortfall secures its position as the world's leading aircraft manufacturer for another year.

On the other hand, the projected increase in Airbus output and Boeing's reduction to 777 could bring Airbus forward within a few years. In 2016, both manufacturers experienced a sharp drop in revenue, although in December each of them had the usual surge in orders at the end of the year. During the last few discussions, Iran Air's order for 98 planes helped Airbus to take the lead.

Airbus had an annual order book of 731 net aircraft for the year, representing an expected value of 46 billion US dollars. The Boeing Group achieved net revenues of 668 aircraft with a value of approximately 44 billion US dollars. Overall, Airbus continued to predominate in smaller jet business. The company delivered 607 of its standard fuselage version Airbus family of A320 aircraft, 561 of them the new A320neo.

The Boeing fleet numbered 550 737s, of which 534 were the new 737 MAXs. Since Boeing's 777 jet programme recorded only a few units last year, Airbus was also just ahead in the sale of wide-body aircraft. But since the aerospace sector has clearly passed its climax, 2016 revenue for both producers was significantly lower than in 2015.

Boeing sells 100 fewer aircraft in 2016 than in the previous year. The number of Airbus aircraft was 305 fewer than in 2015. At the press briefing, Mr Feahy confirmed that the downturn in turnover will persist this year. It must be hoped that Boeing will soon be in a position to pursue the sale of Airbus to Iran with its own major order.

In December, Boeing announced an arrangement with Iran Air for 80 aircraft: This sale, however, has not been completed and to some extent is doubtful as members of Congress and the new Trump government refuse to do deals with Iran. Airbus jetliners contain many US components that some sector specialists had assumed could be an obstacle to the completion of the Airbus contract.

Airbus also announces the first of its aircraft to be delivered to Iran Air, an A321, in an obvious hurry to make the sale to Iran a closed transaction prior to the next US President's investiture, which was delivered at a Wednesday ceremonial in Toulouse. As it is unlikely that Congress will want to give an edge to the EU aircraft manufacturer, it seems likely that the speedy sale and supply of Airbus Boeing can help to conclude its own Iraneal.

The history was revised on March 3, 2017 to revise the overall order number for Boeing in 2016.

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