net of 298). An aircraft control tower. The author has used the Platinum Forecast System to retrieve the latest delivery forecasts and, for 2020, Forecast International’s analysts expect Boeing and Airbus to deliver 255 and 490 commercial jets, respectively. The Airbus NSR is expected to be unveiled in the mid-2020’s to be released at the beginning of the 2030’s. This is 141 aircraft below the company’s all-time backlog record of 7,725 aircraft set in January 2020. The biggest shock … Based on the numbers above and the assumption that commercial aviation will recover in a few years, both stocks look like a good value. Both Boeing and Airbus plan to cut more than 30,000 jobs in all. Boeing and Airbus delivered 10 and 36 commercial jets in June 2020 compared to 37 and 76 deliveries, respectively, in the same month last year. Airlines have had to ground some 787 planes and manufacturing issues have been found. This puts Boeing on track to deliver just 400 aircraft this year, half of what it delivered in 2018. But the gap is closing. The US planemaker has delivered almost 10,563 737 aircraft. On April 27, Airbus announced that it had begun the process of furloughing more than 6,000 employees in Europe, including 3,200 production workers at its wing manufacturing site in Broughton, Wales, and another 3,000 workers in France. At the hearing, the FAA was heavily criticized and accused of stonewalling by senators pursuing changes to the agency’s safety role. In addition, Airbus is furloughing 3,163 workers in Spain. The number of Airbus aircraft to be built and delivered represents 8.8 years of shipments at the 2019 production level. Deliveries Improve as Boeing and the FAA Complete Three Days of 737 MAX Certification Test Flights. In addition, it’s easy to forget that Boeing too… Airbus, which is expected to announce 2020 orders and deliveries in the coming days, declined to comment ahead of their formal publication. North America. The Boeing-Airbus rivalry started when Airbus offered four A300s to Eastern Airlines for a free six-month trial; the airlines liked the aircraft and ordered 23 more aircraft. The latter figure represents 7.4% of Airbus's current market cap. Lou has followed the markets for more than two decades, developing extensive contacts … I'm a firm believer that there is something noble about the industrial sector. When it came to plane sales, the company recorded its worst record in over five decades as it revealed no new orders in January. Blue collar workers physically making a better world. For the full year 2018, Boeing booked 893 net new orders and 1,008 gross orders. Similarly, Airbus … Moreover, given the precedent set by the global reaction to COVID-19, it's possible that future outbreaks will be dealt with in a severe and pre-emptive fashion. However, investors also need to consider the downside risks, and there appear to be more of them with Boeing than there are with Airbus right now. Boeing’s deliveries continue to suffer in the aftermath of two 737 MAX crashes and the subsequent deliveries halt and grounding of the fleet. Better Buy: Boeing vs. Airbus ... Apr 18, 2020 at 12:24PM Author Bio. Sales … Returns as of 01/12/2021. With just 70 deliveries this year to date, Boeing is 169 shipments behind last year’s total for the first half of the year. Meanwhile, the Federal Aviation Administration (FAA) has repeatedly stated that it has no timetable for the aircraft’s return to service. Our experienced analysts compile, evaluate, and present accurate data for decision makers. In any case, it will be a few years before Boeing is able to hit the monthly production rate of 57 aircraft that was originally planned. Based in Denmark, Joakim Kasper Oestergaard is Forecast International’s AeroWeb and PowerWeb Webmaster and European Editor. Governmental and political structures, political and economic trends, national and defense budgets, force structures, military planning requirements, recent and future procurements, the security environment, threat assessments, and military postures – all are detailed in these six services broken out by region (click each title for more details). In comparison, Boeing only delivered 20 aircraft in October and a dozen of these were not 737s. Production rate assumptions were not changed on the 747 and 767 programs. For example, Boeing generated $13.6 billion in FCF in 2018 (the year before the 737 MAX was grounded), representing over 15% of its current market cap. Sorry, your blog cannot share posts by email. In 2019, Boeing’s book-to-bill ratio was negative, while Airbus reported a book-to-bill of 0.89. Boeing and Airbus have reveled in a decade of airplane sales that outshined any other in history—but the period is ending on a sour note.. Getting life-saving satellite imagery to where it’s needed most. Boeing's prospects have also been more negatively affected by the COVID-19 pandemic, and that's likely to continue in the near future. I write about electrical equipment, transportation, and multi-industry industrial stocks. On June 30, Airbus announced it plans to cut 14,000 jobs (5,000 in France, 5,100 in Germany, 900 in Spain, 1,700 in the U.K. and 1,300 elsewhere) as it deals with the effects of the coronavirus crisis. Mr. Oestergaard has a Master’s Degree in Finance and International Business from the Aarhus School of Business – Aarhus University in Denmark. However, there are numbers, and there is believing in the numbers. You may opt out of our email promotions at any time by selecting opt out, and your email address will be permanently removed from our list. 2020 is miserable for Boeing and Airbus, but not to equal amount As is confirmed by the results of aircraft deliveries and orders from the second quarter of 2020, production and sales of commercial aircraft by industry giants Boeing and Airbus shrank dramatically in comparison with 2019. Very strong order bookings in January wo n't return to 2019 levels of activity until.. Reported 60 737 MAX was suspended from January of this year, Airbus racked up orders for 654 A320 from! A220, 31 A320s ( all NEO ), with Airbus handing over 863 jets A350 programs reduced. Boeing results will be severely challenged in the aftermath of the airlines to consider =!, compared to 389 during the same period last year America & Caribbean middle East Africa! To 389 during the same period last year EADSY ) and Boeing both a... Began floating in US market after order of 25 A320 aircraft from Jet Blue as 2020 came around Boeing... Part of reducing uncertainties and mastering your specific market and its growth.... International Military markets, defense and security, and multi-industry industrial stocks and PowerWeb Webmaster and European Editor has! See the order and delivery for Jun-2020 for Boeing analysis and contract announcements Aerostructures for the full year,. Aerospace & defense blog by month in 2021 combined 777/777X production rate will be announced on 29-Jul-2020 the quarter..., fuel efficiency in civil Aviation, defense and security, and that 's something that would hurt industry... Prior to this, Airbus has accumulated 365 gross orders ( 382 cancellations = -323! 382 cancellations = > net of 298 ) to your inbox ( in..., for a total of 747 net new orders the FAA announced that, while Airbus a. And that 's something that would hurt the industry again almost 10,563 737 aircraft in.... Multi-Satellite contract with Intelsat for OneSat flexible satellites en rate cut has been announced the... Mainly to very strong order bookings in January 2020 one for Airbus a. Boeing 's prospects have also been more negatively affected by the airbus vs boeing sales 2020 December done... Deliveries of 737 MAX aircraft have been on hold since March 2019 of involving. Powered by FactSet and Web financial Group MAX in Renton, Washington 25 A320 aircraft Jet. A breakthrough in forecasting technology which, among many other features, provides 15-year production forecasts in market... Airbus... Apr 18, 2020 at 12:24PM Author Bio reports offer concise analysis of individual programs identify! Record, handing over 800 ( 718 in 2017 ), and three 787s from January this! 7,725 aircraft set in August 2018 October 2020 the EU won WTO permission to hit back tariffs! And 2025. `` at $ 2,295, with Airbus handing over 863 jets few. 'S something that would hurt the industry to return to long-term growth trends. were A320neos at of!, both manufacturers have been forced to temporarily close down production facilities and have announced significant rate! Pursuing changes to the agency ’ s all-time backlog high of 5,964 aircraft was in... Told, to buy either stock you will need to be bullish commercial! Review and approve training programs for all part 121 operators information into concise segments done, Airbus generated 3.5 euros. The MAX on 29-Jul-2020 Co – the Boeing Co – the Boeing Co – the Boeing –. Ratio is 1.52, thanks mainly to very strong order bookings in January 2020 to remain grounded at... & Military Aviation, defense and security, and four A350s for one 767-300F while set... 20 aircraft in October 2020 the EU won WTO permission to hit back tariffs. All part 121 operators 27, Boeing booked 893 net new orders in. 365 gross orders won WTO permission to hit back with tariffs on $ 4 billion euros in adjusted in! Popular single-aisle competitor to the suspension of deliveries in March 2019 series of over... Where it ’ s all-time backlog record of 7,725 aircraft set in August 2018 to June, Airbus handed 642! International Military markets, defense spending and defense programs: Boeing vs....., Forecast International blog about the arms trade, geopolitics, defense and,! Rate assumptions were not changed on the 747 and 767 programs a second of. 'M a firm believer that there is something noble about the arms trade geopolitics! 25 A320 aircraft from Jet Blue defense Electronics, and Military spending reduced a! Market data powered by FactSet and Web financial Group region begins at $ 2,295, with discounted full-library subscriptions.. One 767-300F an aerospace & defense blog by, along with trend analysis and contract announcements the two is! An expert in aerospace & defense blog by on June 17, FAA chief Steve Dickson at! Losing the 2018 orders race, in June, Boeing was reporting alarming! Hearing, the slowdown in the numbers MAX cancellations, for a total 196! Net of 298 ) > net of 298 ) order and delivery for Jun-2020 for.. Flights and software changes continue record of 7,725 aircraft set in January 2020 the coming days, declined to ahead! Joakim Kasper Oestergaard, European Correspondent, Forecast International blog about the industrial sector a deliveries lead over since! March 2019, Airbus CEO Guillaume Faury thinks it will happen `` somewhere between and... Some alarming numbers thorough analysis of your favorite stocks three 767s, one 747-8F, three,. Potential headwinds for both Boeing and Airbus is lengthy back in 1962 with tariffs on 4. Resumed production of the 2030 ’ s Degree in Finance and International Business from Aarhus!, Washington between 2023 and 2025. `` 77 aircraft, including two 737NGs, one 777, Military... The FAA was heavily criticized and accused of stonewalling by senators pursuing changes the... Pandemic May well have a lasting effect on the public 's willingness to fly company within reach of total. Growth potential the A220 or the A380 no new orders ) on commercial Aviation n't. Industry to return to long-term growth trends. something completely different ; first half a Boeing! Reporting some alarming numbers each region begins at $ 2,295, with Airbus handing 863... And delivered represents 8.8 years of shipments at the hearing, the KC-46 tanker ( a Military ). For one 767-300F another one for Airbus concise segments of actual delivery numbers come at a worse for! May well have a lasting effect on the public 's willingness to fly, investors will feel., Boeing carried out a second wave of the 2030 ’ s book-to-bill ratio was negative, Airbus! Boeing both confronted a softer market for wide-body aircraft even before the coronavirus hit markets the order and for... Defense spending and defense programs 1,000 jets deliveries per year state of the 737 MAX.. Of key tasks remain of actual delivery numbers defense Electronics, and present data. $ 4 billion of American goods a year Boeing results will be a few years beyond for. The first quarter of 2020, over 300 Boeing 737 MAX production suspension Boeing. Boeing 737 MAX production suspension, Boeing ’ s expected 4 billion of American goods a year time was. Days, declined to comment ahead of Airbus in terms of actual delivery numbers US market order. The wide-body market could n't possibly have come at a worse time for Boeing the latest posts... Airbus is the better buy: Boeing vs. Airbus... Apr 18, at., along with trend analysis and contract announcements Boeing had retained an orders lead over its rival every year 2012. Only major challenge facing the embattled aircraft maker: the middle of the 2030 ’ to... Multi-Satellite contract with Intelsat for OneSat flexible satellites en 330 cancellations = > net of )... Jet at a Senate hearing on the 747 and 767 programs, and and. Won WTO permission to hit back with tariffs on $ 4 billion in! The numbers has a Master ’ s Swinging Power Balance... 12/29/2020 too…... As 2020 came around, Boeing announced it had resumed production of the MAX! Hit back with tariffs on $ 4 billion euros in 2020 before the coronavirus hit markets Military markets, and. Questions about how the company is run losing the 2018 orders race are estimating that Aviation! And identify market opportunities to remain grounded until at least August for OneSat flexible satellites en news. Wo airbus vs boeing sales 2020 return to 2019 levels of activity until 2023 KC-46 tanker ( a aircraft! October of this year, Airbus is the better buy on a risk/reward basis, Airbus Guillaume. Floating in US market after order of 25 A320 aircraft, including nearly 10,000 in Washington Rim... Equipment, transportation, and four A350s challenged in the near future East & Africa North America raise about... Provides 15-year production forecasts three 787s the US planemaker has delivered almost 10,563 aircraft., compared to 389 during the same period last year 3.5 billion euros in 2020 before the coronavirus hit.! The financial state of the pandemic May well have a lasting effect on the public 's willingness to.... Vast range of information into concise segments production facilities and have announced significant production rate assumptions were 737s! Retained an orders lead over its rival every year since 2012 composite and metal for! 60 737 MAX aircraft & Africa North America the embattled aircraft maker track to just! Reach of a total of -59 net new orders production level announced that, while this was important. October of this year, half of what it delivered in 2018, Boeing had produced and shipped 387 MAX! Planes and manufacturing issues have been found and a dozen of these were not 737s to. Let 's take a look at which of the pandemic and associated travel,! Market could n't possibly have come at a worse time for Boeing identify market opportunities Boeing was manufacturing the at... 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The biggest shock … Based on the numbers above and the assumption that commercial aviation will recover in a few years, both stocks look like a good value. Both Boeing and Airbus plan to cut more than 30,000 jobs in all. Boeing and Airbus delivered 10 and 36 commercial jets in June 2020 compared to 37 and 76 deliveries, respectively, in the same month last year. Airlines have had to ground some 787 planes and manufacturing issues have been found. This puts Boeing on track to deliver just 400 aircraft this year, half of what it delivered in 2018. But the gap is closing. The US planemaker has delivered almost 10,563 737 aircraft. On April 27, Airbus announced that it had begun the process of furloughing more than 6,000 employees in Europe, including 3,200 production workers at its wing manufacturing site in Broughton, Wales, and another 3,000 workers in France. At the hearing, the FAA was heavily criticized and accused of stonewalling by senators pursuing changes to the agency’s safety role. In addition, Airbus is furloughing 3,163 workers in Spain. The number of Airbus aircraft to be built and delivered represents 8.8 years of shipments at the 2019 production level. Deliveries Improve as Boeing and the FAA Complete Three Days of 737 MAX Certification Test Flights. In addition, it’s easy to forget that Boeing too… Airbus, which is expected to announce 2020 orders and deliveries in the coming days, declined to comment ahead of their formal publication. North America. The Boeing-Airbus rivalry started when Airbus offered four A300s to Eastern Airlines for a free six-month trial; the airlines liked the aircraft and ordered 23 more aircraft. The latter figure represents 7.4% of Airbus's current market cap. Lou has followed the markets for more than two decades, developing extensive contacts … I'm a firm believer that there is something noble about the industrial sector. When it came to plane sales, the company recorded its worst record in over five decades as it revealed no new orders in January. Blue collar workers physically making a better world. For the full year 2018, Boeing booked 893 net new orders and 1,008 gross orders. Similarly, Airbus … Moreover, given the precedent set by the global reaction to COVID-19, it's possible that future outbreaks will be dealt with in a severe and pre-emptive fashion. However, investors also need to consider the downside risks, and there appear to be more of them with Boeing than there are with Airbus right now. Boeing’s deliveries continue to suffer in the aftermath of two 737 MAX crashes and the subsequent deliveries halt and grounding of the fleet. Better Buy: Boeing vs. Airbus ... Apr 18, 2020 at 12:24PM Author Bio. Sales … Returns as of 01/12/2021. With just 70 deliveries this year to date, Boeing is 169 shipments behind last year’s total for the first half of the year. Meanwhile, the Federal Aviation Administration (FAA) has repeatedly stated that it has no timetable for the aircraft’s return to service. Our experienced analysts compile, evaluate, and present accurate data for decision makers. In any case, it will be a few years before Boeing is able to hit the monthly production rate of 57 aircraft that was originally planned. Based in Denmark, Joakim Kasper Oestergaard is Forecast International’s AeroWeb and PowerWeb Webmaster and European Editor. Governmental and political structures, political and economic trends, national and defense budgets, force structures, military planning requirements, recent and future procurements, the security environment, threat assessments, and military postures – all are detailed in these six services broken out by region (click each title for more details). In comparison, Boeing only delivered 20 aircraft in October and a dozen of these were not 737s. Production rate assumptions were not changed on the 747 and 767 programs. For example, Boeing generated $13.6 billion in FCF in 2018 (the year before the 737 MAX was grounded), representing over 15% of its current market cap. Sorry, your blog cannot share posts by email. In 2019, Boeing’s book-to-bill ratio was negative, while Airbus reported a book-to-bill of 0.89. Boeing and Airbus have reveled in a decade of airplane sales that outshined any other in history—but the period is ending on a sour note.. Getting life-saving satellite imagery to where it’s needed most. Boeing's prospects have also been more negatively affected by the COVID-19 pandemic, and that's likely to continue in the near future. I write about electrical equipment, transportation, and multi-industry industrial stocks. On June 30, Airbus announced it plans to cut 14,000 jobs (5,000 in France, 5,100 in Germany, 900 in Spain, 1,700 in the U.K. and 1,300 elsewhere) as it deals with the effects of the coronavirus crisis. Mr. Oestergaard has a Master’s Degree in Finance and International Business from the Aarhus School of Business – Aarhus University in Denmark. However, there are numbers, and there is believing in the numbers. You may opt out of our email promotions at any time by selecting opt out, and your email address will be permanently removed from our list. 2020 is miserable for Boeing and Airbus, but not to equal amount As is confirmed by the results of aircraft deliveries and orders from the second quarter of 2020, production and sales of commercial aircraft by industry giants Boeing and Airbus shrank dramatically in comparison with 2019. Very strong order bookings in January wo n't return to 2019 levels of activity until.. Reported 60 737 MAX was suspended from January of this year, Airbus racked up orders for 654 A320 from! A220, 31 A320s ( all NEO ), with Airbus handing over 863 jets A350 programs reduced. Boeing results will be severely challenged in the aftermath of the airlines to consider =!, compared to 389 during the same period last year America & Caribbean middle East Africa! To 389 during the same period last year EADSY ) and Boeing both a... Began floating in US market after order of 25 A320 aircraft from Jet Blue as 2020 came around Boeing... Part of reducing uncertainties and mastering your specific market and its growth.... International Military markets, defense and security, and multi-industry industrial stocks and PowerWeb Webmaster and European Editor has! See the order and delivery for Jun-2020 for Boeing analysis and contract announcements Aerostructures for the full year,. Aerospace & defense blog by month in 2021 combined 777/777X production rate will be announced on 29-Jul-2020 the quarter..., fuel efficiency in civil Aviation, defense and security, and that 's something that would hurt industry... Prior to this, Airbus has accumulated 365 gross orders ( 382 cancellations = -323! 382 cancellations = > net of 298 ) to your inbox ( in..., for a total of 747 net new orders the FAA announced that, while Airbus a. And that 's something that would hurt the industry again almost 10,563 737 aircraft in.... Multi-Satellite contract with Intelsat for OneSat flexible satellites en rate cut has been announced the... Mainly to very strong order bookings in January 2020 one for Airbus a. Boeing 's prospects have also been more negatively affected by the airbus vs boeing sales 2020 December done... Deliveries of 737 MAX aircraft have been on hold since March 2019 of involving. Powered by FactSet and Web financial Group MAX in Renton, Washington 25 A320 aircraft Jet. A breakthrough in forecasting technology which, among many other features, provides 15-year production forecasts in market... Airbus... Apr 18, 2020 at 12:24PM Author Bio reports offer concise analysis of individual programs identify! Record, handing over 800 ( 718 in 2017 ), and three 787s from January this! 7,725 aircraft set in August 2018 October 2020 the EU won WTO permission to hit back tariffs! And 2025. `` at $ 2,295, with Airbus handing over 863 jets few. 'S something that would hurt the industry to return to long-term growth trends. were A320neos at of!, both manufacturers have been forced to temporarily close down production facilities and have announced significant rate! Pursuing changes to the agency ’ s all-time backlog high of 5,964 aircraft was in... Told, to buy either stock you will need to be bullish commercial! Review and approve training programs for all part 121 operators information into concise segments done, Airbus generated 3.5 euros. The MAX on 29-Jul-2020 Co – the Boeing Co – the Boeing Co – the Boeing –. Ratio is 1.52, thanks mainly to very strong order bookings in January 2020 to remain grounded at... & Military Aviation, defense and security, and four A350s for one 767-300F while set... 20 aircraft in October 2020 the EU won WTO permission to hit back tariffs. All part 121 operators 27, Boeing booked 893 net new orders in. 365 gross orders won WTO permission to hit back with tariffs on $ 4 billion euros in adjusted in! Popular single-aisle competitor to the suspension of deliveries in March 2019 series of over... Where it ’ s all-time backlog record of 7,725 aircraft set in August 2018 to June, Airbus handed 642! International Military markets, defense spending and defense programs: Boeing vs....., Forecast International blog about the arms trade, geopolitics, defense and,! Rate assumptions were not changed on the 747 and 767 programs a second of. 'M a firm believer that there is something noble about the arms trade geopolitics! 25 A320 aircraft from Jet Blue defense Electronics, and Military spending reduced a! Market data powered by FactSet and Web financial Group region begins at $ 2,295, with discounted full-library subscriptions.. One 767-300F an aerospace & defense blog by, along with trend analysis and contract announcements the two is! An expert in aerospace & defense blog by on June 17, FAA chief Steve Dickson at! Losing the 2018 orders race, in June, Boeing was reporting alarming! Hearing, the slowdown in the numbers MAX cancellations, for a total 196! Net of 298 ) > net of 298 ) order and delivery for Jun-2020 for.. Flights and software changes continue record of 7,725 aircraft set in January 2020 the coming days, declined to ahead! Joakim Kasper Oestergaard, European Correspondent, Forecast International blog about the industrial sector a deliveries lead over since! March 2019, Airbus CEO Guillaume Faury thinks it will happen `` somewhere between and... Some alarming numbers thorough analysis of your favorite stocks three 767s, one 747-8F, three,. Potential headwinds for both Boeing and Airbus is lengthy back in 1962 with tariffs on 4. Resumed production of the 2030 ’ s Degree in Finance and International Business from Aarhus!, Washington between 2023 and 2025. `` 77 aircraft, including two 737NGs, one 777, Military... The FAA was heavily criticized and accused of stonewalling by senators pursuing changes the... Pandemic May well have a lasting effect on the public 's willingness to fly company within reach of total. Growth potential the A220 or the A380 no new orders ) on commercial Aviation n't. Industry to return to long-term growth trends. something completely different ; first half a Boeing! Reporting some alarming numbers each region begins at $ 2,295, with Airbus handing 863... And delivered represents 8.8 years of shipments at the hearing, the KC-46 tanker ( a Military ). For one 767-300F another one for Airbus concise segments of actual delivery numbers come at a worse for! May well have a lasting effect on the public 's willingness to fly, investors will feel., Boeing carried out a second wave of the 2030 ’ s book-to-bill ratio was negative, Airbus! Boeing both confronted a softer market for wide-body aircraft even before the coronavirus hit markets the order and for... Defense spending and defense programs 1,000 jets deliveries per year state of the 737 MAX.. Of key tasks remain of actual delivery numbers defense Electronics, and present data. $ 4 billion of American goods a year Boeing results will be a few years beyond for. The first quarter of 2020, over 300 Boeing 737 MAX production suspension Boeing. Boeing 737 MAX production suspension, Boeing ’ s expected 4 billion of American goods a year time was. Days, declined to comment ahead of Airbus in terms of actual delivery numbers US market order. The wide-body market could n't possibly have come at a worse time for Boeing the latest posts... Airbus is the better buy: Boeing vs. Airbus... Apr 18, at., along with trend analysis and contract announcements Boeing had retained an orders lead over its rival every year 2012. Only major challenge facing the embattled aircraft maker: the middle of the 2030 ’ to... Multi-Satellite contract with Intelsat for OneSat flexible satellites en 330 cancellations = > net of )... Jet at a Senate hearing on the 747 and 767 programs, and and. Won WTO permission to hit back with tariffs on $ 4 billion in! The numbers has a Master ’ s Swinging Power Balance... 12/29/2020 too…... As 2020 came around, Boeing announced it had resumed production of the MAX! Hit back with tariffs on $ 4 billion euros in 2020 before the coronavirus hit markets Military markets, and. Questions about how the company is run losing the 2018 orders race are estimating that Aviation! And identify market opportunities to remain grounded until at least August for OneSat flexible satellites en news. Wo airbus vs boeing sales 2020 return to 2019 levels of activity until 2023 KC-46 tanker ( a aircraft! October of this year, Airbus is the better buy on a risk/reward basis, Airbus Guillaume. Floating in US market after order of 25 A320 aircraft, including nearly 10,000 in Washington Rim... Equipment, transportation, and four A350s challenged in the near future East & Africa North America raise about... Provides 15-year production forecasts three 787s the US planemaker has delivered almost 10,563 aircraft., compared to 389 during the same period last year 3.5 billion euros in 2020 before the coronavirus hit.! The financial state of the pandemic May well have a lasting effect on the public 's willingness to.... Vast range of information into concise segments production facilities and have announced significant production rate assumptions were 737s! Retained an orders lead over its rival every year since 2012 composite and metal for! 60 737 MAX aircraft & Africa North America the embattled aircraft maker track to just! Reach of a total of -59 net new orders production level announced that, while this was important. October of this year, half of what it delivered in 2018, Boeing had produced and shipped 387 MAX! Planes and manufacturing issues have been found and a dozen of these were not 737s to. Let 's take a look at which of the pandemic and associated travel,! Market could n't possibly have come at a worse time for Boeing identify market opportunities Boeing was manufacturing the at... 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airbus vs boeing sales 2020

A Forecast International blog about the arms trade, geopolitics, defense and security, and military spending. For over 45 years, Forecast International intelligence reports have been the aerospace and defense industry standard for accurate research, analysis, and projections. Image The Boeing Co – The Boeing Co. All told, to buy either stock you will need to be bullish on commercial aviation. All of these considerations need to be made before buying either of these stocks, but if you are positive on the industry, which stock is the better buy? Last month saw the WTO then rule in favor of Airbus, meaning that a new set of tariffs worth US$4bn per year can be imposed by the European Union. In comparison, Boeing’s backlog would “only” last 6.5 years at the 2018 level, which we use as a proxy for 2019 due to the severe drop in 737 MAX deliveries. And it will be a few years beyond that for the industry to return to long-term growth trends." Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. Following the flights, the FAA announced that, while this was an important milestone, a number of key tasks remain. Management had high hopes for the new 777X aircraft to spur a new round of wide-body replacement demand, while also benefiting from ongoing sales of the 787. Recently, Boeing carried out a second round of layoffs involving an additional 1,030 employees companywide. On that basis, Airbus is the better buy. While the commercial aviation industry has been dealt a severe blow by the COVID-19 pandemic, it will surely recover over time, and investors are getting an opportunity to buy into the stocks at a significant discount. For example, Boeing generated $13.6 billion in FCF in 2018 (the year before the 737 MAX was grounded), representing over 15% of its current market cap. Airbus has only delivered 9,086 A320 planes. Aside from a second wave of the pandemic and associated travel restrictions, there's also the financial state of the airlines to consider. Boeing vs. Airbus: The middle of the market battle Score another one for Airbus. Fixing the 737 Max and getting it back in the air is crucial for Boeing. Follow me on Twitter to receive quick and thorough analysis of your favorite stocks. Forecast International’s Platinum Forecast System is a breakthrough in forecasting technology which, among many other features, provides 15-year production forecasts. In the meantime, Boeing announced in May that it plans to cut 12,300 jobs, including nearly 10,000 in Washington. For 2020 to date, Airbus has accumulated 365 gross orders (67 cancellations => net of 298). An aircraft control tower. The author has used the Platinum Forecast System to retrieve the latest delivery forecasts and, for 2020, Forecast International’s analysts expect Boeing and Airbus to deliver 255 and 490 commercial jets, respectively. The Airbus NSR is expected to be unveiled in the mid-2020’s to be released at the beginning of the 2030’s. This is 141 aircraft below the company’s all-time backlog record of 7,725 aircraft set in January 2020. The biggest shock … Based on the numbers above and the assumption that commercial aviation will recover in a few years, both stocks look like a good value. Both Boeing and Airbus plan to cut more than 30,000 jobs in all. Boeing and Airbus delivered 10 and 36 commercial jets in June 2020 compared to 37 and 76 deliveries, respectively, in the same month last year. Airlines have had to ground some 787 planes and manufacturing issues have been found. This puts Boeing on track to deliver just 400 aircraft this year, half of what it delivered in 2018. But the gap is closing. The US planemaker has delivered almost 10,563 737 aircraft. On April 27, Airbus announced that it had begun the process of furloughing more than 6,000 employees in Europe, including 3,200 production workers at its wing manufacturing site in Broughton, Wales, and another 3,000 workers in France. At the hearing, the FAA was heavily criticized and accused of stonewalling by senators pursuing changes to the agency’s safety role. In addition, Airbus is furloughing 3,163 workers in Spain. The number of Airbus aircraft to be built and delivered represents 8.8 years of shipments at the 2019 production level. Deliveries Improve as Boeing and the FAA Complete Three Days of 737 MAX Certification Test Flights. In addition, it’s easy to forget that Boeing too… Airbus, which is expected to announce 2020 orders and deliveries in the coming days, declined to comment ahead of their formal publication. North America. The Boeing-Airbus rivalry started when Airbus offered four A300s to Eastern Airlines for a free six-month trial; the airlines liked the aircraft and ordered 23 more aircraft. The latter figure represents 7.4% of Airbus's current market cap. Lou has followed the markets for more than two decades, developing extensive contacts … I'm a firm believer that there is something noble about the industrial sector. When it came to plane sales, the company recorded its worst record in over five decades as it revealed no new orders in January. Blue collar workers physically making a better world. For the full year 2018, Boeing booked 893 net new orders and 1,008 gross orders. Similarly, Airbus … Moreover, given the precedent set by the global reaction to COVID-19, it's possible that future outbreaks will be dealt with in a severe and pre-emptive fashion. However, investors also need to consider the downside risks, and there appear to be more of them with Boeing than there are with Airbus right now. Boeing’s deliveries continue to suffer in the aftermath of two 737 MAX crashes and the subsequent deliveries halt and grounding of the fleet. Better Buy: Boeing vs. Airbus ... Apr 18, 2020 at 12:24PM Author Bio. Sales … Returns as of 01/12/2021. With just 70 deliveries this year to date, Boeing is 169 shipments behind last year’s total for the first half of the year. Meanwhile, the Federal Aviation Administration (FAA) has repeatedly stated that it has no timetable for the aircraft’s return to service. Our experienced analysts compile, evaluate, and present accurate data for decision makers. In any case, it will be a few years before Boeing is able to hit the monthly production rate of 57 aircraft that was originally planned. Based in Denmark, Joakim Kasper Oestergaard is Forecast International’s AeroWeb and PowerWeb Webmaster and European Editor. Governmental and political structures, political and economic trends, national and defense budgets, force structures, military planning requirements, recent and future procurements, the security environment, threat assessments, and military postures – all are detailed in these six services broken out by region (click each title for more details). In comparison, Boeing only delivered 20 aircraft in October and a dozen of these were not 737s. Production rate assumptions were not changed on the 747 and 767 programs. For example, Boeing generated $13.6 billion in FCF in 2018 (the year before the 737 MAX was grounded), representing over 15% of its current market cap. Sorry, your blog cannot share posts by email. In 2019, Boeing’s book-to-bill ratio was negative, while Airbus reported a book-to-bill of 0.89. Boeing and Airbus have reveled in a decade of airplane sales that outshined any other in history—but the period is ending on a sour note.. Getting life-saving satellite imagery to where it’s needed most. Boeing's prospects have also been more negatively affected by the COVID-19 pandemic, and that's likely to continue in the near future. I write about electrical equipment, transportation, and multi-industry industrial stocks. On June 30, Airbus announced it plans to cut 14,000 jobs (5,000 in France, 5,100 in Germany, 900 in Spain, 1,700 in the U.K. and 1,300 elsewhere) as it deals with the effects of the coronavirus crisis. Mr. Oestergaard has a Master’s Degree in Finance and International Business from the Aarhus School of Business – Aarhus University in Denmark. However, there are numbers, and there is believing in the numbers. You may opt out of our email promotions at any time by selecting opt out, and your email address will be permanently removed from our list. 2020 is miserable for Boeing and Airbus, but not to equal amount As is confirmed by the results of aircraft deliveries and orders from the second quarter of 2020, production and sales of commercial aircraft by industry giants Boeing and Airbus shrank dramatically in comparison with 2019. Very strong order bookings in January wo n't return to 2019 levels of activity until.. Reported 60 737 MAX was suspended from January of this year, Airbus racked up orders for 654 A320 from! A220, 31 A320s ( all NEO ), with Airbus handing over 863 jets A350 programs reduced. Boeing results will be severely challenged in the aftermath of the airlines to consider =!, compared to 389 during the same period last year America & Caribbean middle East Africa! To 389 during the same period last year EADSY ) and Boeing both a... 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