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Airbus outperforms Boeing in APAC commercial aircraft market: GlobalData

Airbus outperforms Boeing in APAC commercial aircraft market: GlobalData

Kanchan Nath

- April 26, 2024

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With a strong order book from airline operators and leasing companies based in India, China, and Singapore during 2020–2024, Airbus has fortified its position in the Asia-Pacific (APAC) commercial aircraft market amid continued Boeing’s woes. As it is being scrutinized for multiple mishaps involving its 737 Max aircraft line, Boeing continues to lose ground in the APAC region to its biggest competitor, says GlobalData, a leading data and analytics company.

GlobalData’s dashboard Commercial Aircraft Orders and Deliveries reveals that in the APAC region, Airbus received a total of 1,489 aircraft orders between 2020 and 2024 (till March 2024), compared to only 561 aircraft orders for Boeing.

Gone Sai Kiran, Aerospace and Defense Analyst at GlobalData, comments: “Notable Airbus customers in the region, including Indigo Airlines, Air India, China Eastern Airlines, China Southern Airlines, and BOC Aviation, have either chosen not to order from Boeing or have ordered fewer units from Boeing as compared to Airbus.

“Indigo Airlines has the highest number of Airbus orders of 510 aircraft, compared to none from Boeing. On the other hand, Air India has ordered 250 aircraft from Airbus, complemented by 220 aircraft from Boeing. BOC Aviation and China Eastern Airlines have ordered 107 and 100 aircraft from Airbus, respectively, omitting Boeing from their procurement portfolio. A major reason for Chinese airline operators to avoid ordering from Boeing could be the US-China trade war that was witnessed in recent years.”

GlobalData’s dashboard also uncovers that Airbus has outpaced Boeing in terms of deliveries. Between 2020 and 2024, Airbus delivered 2,717 aircraft, while Boeing managed to deliver only 1,594 aircraft. Boeing, which had plans to increase the production capacity of its top-selling aircraft model, the 737 Max, is currently facing severe challenges on multiple fronts as the US Federal Aviation Administration (FAA) froze its expansion plans in January 2024 due to an ongoing audit of its existing production lines. This is further expected to affect Boeing’s aircraft delivery rate in the coming years.

Kiran concludes: “Ongoing allegations on Boeing’s production quality standards and the FAA’s decree to airlines to halt operations of some Boeing aircraft models have led to multiple cancellations of Boeing orders recently. These events have been favorable for Airbus in a gaining competitive edge in this mainly duopoly market.”

 

 

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Airbus outperforms Boeing in APAC commercial aircraft market: GlobalData

Kanchan Nath

- April 26, 2024

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May we all strive to emulate her virtues and remember that true wealth lies in the depth of our character, the sincerity of our actions, and the impact we have on those around us.”

Stay riveted for our next gala event, The Brand Travel Daily Media Travel Excellence Awards that recognizes and celebrates the outstanding achievements of companies and individuals in the travel, airline, and hospitality industry. They are scheduled to take place in 11 October, 2024

For inquires, to attend or sponsor next awards, kindly email here: Gary@traveldailymedia.com

If you know of any female leaders or up and coming superstars in the Travel and Hospitality industry you would like to nominate, please visit our page and complete a nomination form!
The prestigious IWTA Awards 2024 Award Winners are listed below:

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…there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you design and create an advertising campaign.

We can also organise a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

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Connect with your clients by working with our in-house brand studio, using our expertise and media reach to help you create and craft your message in video and podcast, native content and whitepapers, webinars and event formats