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Airbus Wins Order Race in 2017

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Airbus 2017 orders

Airbus left no stone unturned to win the 2017 order race against Boeing, and its efforts paid off extremely well. The aircraft maker booked 1,229 gross orders and 1,109 net orders for the year. Its A320 series had the most orders with it alone accounting for 1,054 net orders. The A350 series booked 36 orders and the A330 series booked 21 orders.

A major chunk of Airbus’s 2,017 orders came in December. Airbus managed to gain 776 net orders in the month, breaking its previous record. The remaining 333 orders were booked between January 2017 and November 2017.

One of its major customers was investment firm Indigo Partners, which ordered 430 A320 aircraft. Delta Air Lines (DAL) was another major customer for the airplane maker with orders for 100 A321neo aircraft.

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Boeing lags in quantity

Boeing, on the other hand, booked 1,015 orders for 2017 with 836 orders for its 737 aircraft. It booked another 105 orders for the 787 Dreamliner. It also managed to gain 53 orders for its wide-body 777 aircraft, 15 for the wide-body 767s, and six for the 747s.

Some of Boeing’s major customers were CALC China, flydubai, Southwest Airlines (LUV), and China Development Bank. DAL and United Continental (UAL) also placed orders for a few aircraft during the year.

Boeing wins in value terms

However, unfortunately for Airbus, its 2017 order book was skewed towards the single-aisle aircraft (A320 and A321 neos). It managed to book only 55 wide-body aircraft orders in the year.

In contrast, Boeing booked almost 170 wide-body aircraft orders. Since wide-body aircraft have a higher selling price, Boeing’s order value for the year was much higher than Airbus’s despite fewer sales.

Investors can get exposure to Boeing through the SPDR Dow Jones Industrial Average ETF (DIA), which invests ~9.0% of its portfolio in BA.

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