Boeing fell behind arch-rival Airbus after a collapse in deliveries made its nightmare year even worse

Airbus Boeing

  • The number of commercial jets delivered by Boeing in the first half of 2019 plummeted, another bad development for the company in its nightmare year.
  • It delivered 239 planes in the first six months of the year, 150 fewer than its European rival Airbus’ 389 planes.
  • Boeing lose its status as the world’s largest planemaker if the trend continues.
  • Boeing delivered just 90 planes in the second quarter of 2019, after the second fatal crash of its 737 Max plane plunged the company into a crisis.
  • Boeing faces lawsuits from shareholders, pilots, and victims’ families, as well as Congressional and federal scrutiny, and demands for compensation from airlines around the world.
  • Read more stories like this on Business Insider.

Boeing’s nightmare year got even worse after the number of commercial jets it delivered plummeted, with the aviation giant at risk of falling behind arch-rival Airbus in the competition to be the world’s largest planemaker.

The number of planes delivered by Boeing dropped by more than a third in the first six months of the year compared to the same period last year.

This leaves Boeing’s status as the world’s largest planemaker, a position it has held for eight years, under threat if the trend continues for the rest of the year.

Boeing delivered 239 planes in the first six months of the year, according to the company’s latest figures. Airbus, its European rival, delivered 389 planes over the same period.

In the same period in 2018, Boeing delivered 378 planes, while Airbus delivered just 303. So while Airbus has seen a 28% increase in deliveries since last year, Boeing has witnessed a 37% fall.

Read more: 400 pilots have joined a growing number of airlines in demanding payback from Boeing for its 737 Max disasters — here’s the full list

Boeing’s deliveries fell by 75% between the first and second quarters of the year.

boeing 737 max

Just 90 of its 239 deliveries in 2019 took place in the second quarter of the year, as airlines became increasingly reluctant to buy from Boeing after the second fatal crash involving one of its 737 Max planes in March.

Boeing has come under commercial and regulatory scrutiny since the two crashes, which killed 346 people and left the 737 Max grounded around the world.

While International Airlines Group, which owns some of Europe’s biggest airlines, announced a commitment to buy 200 Max jets, the company has not announced any firm orders for the 737 Max since the second crash.

Boeing faces lawsuits from shareholders, pilots, families around the world, as well as Congressional hearings and federal investigations into how the plane was made and certified to fly by the US Federal Aviation Administration.

Read more: Here are all the investigations and lawsuits that Boeing and the FAA are facing after the 737 Max crashes killed almost 350 people

Boeing managed to perform better than expected at June’s Paris Air Show — the largest exhibition in the world for the industry and a venue where plane manufacturers announce new orders. However, Airbus still came out victorious at the show, outselling Boeing and announcing a new plane.

FILE PHOTO: American civil aviation and Boeing investigators search through the debris at the scene of the Ethiopian Airlines Flight ET 302 plane crash, near the town of Bishoftu, southeast of Addis Ababa, Ethiopia March 12, 2019. REUTERS/Baz Ratner/File Photo

Boeing’s latest figures reveal a stark reversal compared to the same time last year, when it was basking in the positive reception of the brand new 737 Max, and Airbus was struggling with issues like engine shortages.

The 737 Max will remain grounded until the FAA and regulators around the world approve the plane to fly again, but newly discovered issues with the plane mean further delays to this process.

In the meantime, Boeing has slowed production of the 737 Max, from 52 a month to 42 a month.

Airlines around the world are seeking compensation from Boeing as they cancel flights involving Max jets, and one airline has cancelled its order for $6 billion worth of the planes

Boeing is also facing issues with some of its other planes, including problems with the GE engines in its 777x planes, and possible wing defects on some of its planes.

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Source: businessinsider
Boeing fell behind arch-rival Airbus after a collapse in deliveries made its nightmare year even worse