Over the course of 12 months, Airbus increased deliveries by 10% over 2011 levels, delivering "a company record" of 588 aircraft -- but still lost out to Boeing, which delivered 601 planes. Airbus also reported that it beat its internal goal of landing 650 "gross" plane orders for the year, by pulling down 914, including:
40 A350 XWBs
and nine A380s
Of these, cancellations subtracting from the gross left Airbus with a net gain of 833 aircraft orders for the year. Again, Boeing won out, announcing 1,203 net orders for the year.
The one slot on the scorecard where Airbus still beats Boeing, is backlog. According to the European planemaker, its "new industry-wide record of 4,682 aircraft valued at over US$638 billion" exceeds Boeing's backlog of 4,373 yet-to-be-delivered.
In a sidenote, Airbus mentioned that its Airbus Military division delivered 29 aircraft to customers in 2012, including 20 light and medium military transport aircraft, four P-3 (sub-hunter) conversions, and five A330 MRTT aerial refueling tankers. The company noted that its backlog of military aircraft stands at 220. The company further updated on the progress of its long-overdue A400M military transport, advising that function and reliability testing are well under way, with civil and military certifications expected sometime this quarter, to be followed by the first delivery occurring in Q2 2013 -- and a projected four planes delivered in 2013.
The article Airbus Announces Final 2012 Airplane Order Tally originally appeared on Fool.com.
Fool contributor Rich Smith has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.