Advertisement

Airbus CEO says Boeing likely to win order race this year

Advertisement

Airbus CEO Guillaume Faury conceded likely defeat in the annual order race against Boeing on Wednesday, saying it was possible Boeing would win for the first time in six years, helped by settlements over U.S. tariff disputes.

Airbus remains ahead of its U.S. rival in deliveries and the pipeline of outstanding orders, Faury told France Inter. Buoyed by strong demand for its 787 long-haul jet, Boeing on Wednesday posted 908 net orders after cancellations between January and November, compared with 700 for Airbus.

"The fact that we have been ahead on orders for five years means our order backlog is much higher than that of our main competitor," Faury told the French radio station.

"But it is true that they have been helped by the American president as part of tariff negotiations with several countries, where plane orders became part of the resolution of trade disputes."

Analysts say several airlines either placed Boeing orders or timed previously planned order announcements to soothe trade tensions with the United States this year, particularly in Asia.

U.S. industry officials say the long-haul 787 is selling well regardless of trade matters. Airbus is leading on smaller jets, such as the A321.

Airbus orders have lagged for months, but Faury's comments confirm a probable change in the ranking for new business, while Airbus is expected to retain its title as the world's largest manufacturer through higher deliveries.

Asked about reports of a large pending order from China, Faury said he did not expect an imminent new order for hundreds of jets but spoke of clearances for previous orders. On Wednesday, Airbus said it had secured Chinese agreement to go ahead with the delivery of 120 previously ordered jets.

Industry sources have said Airbus was banking on an order for up to 500 jets from China to meet its internal order goals. Beijing is in negotiations with Boeing for a similar package.

With China locked in fraught trade relations with the United States and Europe, Western analysts say it is expected to maintain a broad balance in jet imports to meet its growth after several years in which it was largely absent from the market.

China's state buying agency did not respond to a request for comment. Faury said a major software recall affecting 6,000 jets in the A320 family, which includes the A321, had been completed. The final number of jets needing attention was closer to 4,000 and all have now been fixed, he told France Inter.

Front page
Pakistan Tightens Overseas Job Screening with New Verification Committee to Combat Illegal Migration
Pakistan Tightens Overseas Job Screening with New Verification Committee to Combat Illegal Migration
In a major move to regulate overseas employment, Pakistan has formed a specialized joint committee combining expertise from the Federal Investigation Agency (FIA) and Bureau of Emigration and Overseas Employment (BE&OE) to rigorously vet citizens applying for jobs abroad - particularly in Gulf nations like the UAE.
Flight Cancellation Rights: Can You Get a Refund If Your Travel Agent Didn't Warn You?
Flight Cancellation Rights: Can You Get a Refund If Your Travel Agent Didn't Warn You?
Scenario: You booked a flight through a travel agency, only to discover later that your ticket is non-refundable. The agent claims they aren't obligated to return your money - but is this legally correct under UAE consumer protection laws?
Can Your Boss Deny Your Summer Vacation Leave? UAE Labor Law Explained
Can Your Boss Deny Your Summer Vacation Leave? UAE Labor Law Explained
Summer vacation plans clashing with work schedules? Many employees face the frustrating situation where their leave requests get rejected because colleagues have already booked the same dates. What does UAE labor law say about your right to take annual leave? In the UAE, employers have the authority to determine annual leave schedules based on business needs and operational requirements. However, this doesn't mean they can arbitrarily deny all your vacation requests. The law establishes clear g
UAE Educators Push for Stronger School-University Ties Amid Updated Study Abroad Policies
UAE Educators Push for Stronger School-University Ties Amid Updated Study Abroad Policies
Education leaders across the UAE are advocating for deeper collaboration between schools and universities following the nation's recent overhaul of international study regulations.
Abu Dhabi Launches Pioneering High-Altitude Drone Facility to Boost MENA's Aerospace Sector
Abu Dhabi Launches Pioneering High-Altitude Drone Facility to Boost MENA's Aerospace Sector
Abu Dhabi has unveiled a groundbreaking new facility, marking the Middle East and North Africa's (MENA) first dedicated production hub for high-altitude unmanned aerial vehicles (UAVs). Operated by Mira Aerospace, a subsidiary of Space42, the state-of-the-art plant will manufacture over 20 advanced drones designed for civil, environmental, and defense applications.
Emirati Astronauts Inspire Berlin with Vision of AI-Powered Space Exploration
Emirati Astronauts Inspire Berlin with Vision of AI-Powered Space Exploration
The United Arab Emirates' pioneering space explorers - the Arab world's first astronaut and its groundbreaking female astronaut - took center stage in Berlin this week, showcasing how artificial intelligence is revolutionizing space exploration while fostering international collaboration. Representing the Mohammed Bin Rashid Space Centre (MBRSC), astronauts Hazzaa Al Mansouri and Nora Al Matrooshi brought Dubai's cutting-edge space technology to GITEX EUROPE at Messe Berlin from May 21-23. In an
Laughter Overload: India's Top Comics Bring Triple Trouble to Dubai This June
Laughter Overload: India's Top Comics Bring Triple Trouble to Dubai This June
Dubai's comedy scene is about to get electrified as the blockbuster stand-up spectacle Triple Trouble storms into Emirates Theatre on June 21. Produced by AJ Entertainment, this exclusive one-night event assembles India's hottest comedy trio - Devesh Dixit, Kaustubh Agarwal and Vivek Samtani - for a laughter marathon that will leave your ribs aching.
Disneyland Abu Dhabi Set to Transform Job Market with 30,000+ New Opportunities
Disneyland Abu Dhabi Set to Transform Job Market with 30,000+ New Opportunities
The upcoming Disneyland Abu Dhabi is poised to revolutionize the region's employment landscape, creating an unprecedented wave of career opportunities across multiple sectors. Industry experts predict this mega-project will serve as a powerful economic catalyst for the UAE.
UAE Families Unite in Joyous Eid Al Fitr Celebrations: Prayers, Feasts, and Heartwarming Traditions
UAE Families Unite in Joyous Eid Al Fitr Celebrations: Prayers, Feasts, and Heartwarming Traditions
The United Arab Emirates is buzzing with festive energy as families gather to celebrate Eid Al Fitr this Sunday, creating unforgettable moments of togetherness through cherished traditions.
Building Tomorrow Today: How Unipods is Transforming Construction Through Modular Excellence
Building Tomorrow Today: How Unipods is Transforming Construction Through Modular Excellence
With a focus on recyclable materials and energy-efficient production, Unipods is setting new standards for sustainable construction in alignment with UAE's green vision