Can Airbus Keep Its Edge on Boeing?
It has been a rotten year for Boeing's (BA) commercial jet business. Production glitches and a 58-day machinists' strike this fall have pushed its newest plane, the 787 Dreamliner, a full two years behind schedule. Archrival Airbus (EAD.PA) has pulled ahead in the race for new orders, logging 756 net sales this year, compared with 657 for Boeing. At the same time, Airbus seems finally to have untangled its A380 mega-jet's production mess. And the strengthening of the dollar against the euro has boosted Airbus' bottom line and helped the European planemaker regain some of its competitive edge.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.