Boeing’s horrible year: It lost orders, while Airbus delivered twice as many jets
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January 15, 2020 - by Dominic Gates for seattletimes.com
Boeing's final tally of 2019 commercial jet orders and deliveries, released Tuesday, starkly displays just how bad the year was: Deliveries were down to a level last seen more than a decade ago when all production was halted by a two-month strike. And net orders were negative — with more cancellations than new orders.
The annual competition between the rival jetmakers was no contest, with Airbus the runaway winner.
Airbus released its final sales and production tally Monday, showing it delivered a total of 863 jets and won 768 net new orders in 2019.
In contrast, Boeing delivered only 380 planes, its lowest total since a 57-day strike shut down production in 2008.
Airbus' total jet deliveries were worth about $60 billion compared to Boeing's $42 billion, based on market pricing estimates from aircraft valuation firm Avitas.
In an indication of the paralysis gripping Boeing's business, orders also plummeted. There were very few for the MAX, offset by many more cancellations...
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