By Bjorn Fehrm
Jan. 10, 2019, © Leeham News: Boeing and Airbus came within six aircraft in their 2018 deliveries, 806 versus 800. For orders, Boeing was the leader, with 893 net orders versus Airbus 747.
Looking at Orders and Deliveries for the different segments there are some interesting trends.
Boeing beat Airbus on the order side and achieved a Book to Bill ratio of 1.11 with its 893 orders versus Airbus 0.93 with 747 orders. The order difference is less important, however, as both have such large order backlogs for the main segments (Single-aisle and medium-sized Widebody) that comparison brings little insight.
Many orders will be moved around when airlines come closer to delivery and the problem for Boeing and Airbus is not lack of orders in these segments but rather how to deliver what is ordered.
For the large Widebody segment (over 350 seats) the situation is different and we will discuss orders and backlog as we look at deliveries in this segment.
To show the differences how Boeing and Airbus delivered in the different segments we put together the table in Figure 1.
Airbus has a 12% advantage in Single Aisle deliveries if we count the segment from 100 seats upwards. This is because the A220 is included since 1 July. Total CSeries/A220 deliveries were 33 for 2018, but the 13 delivered before 1st of July are counted as Bombardier deliveries.
If the Boeing Joint Venture with Embraer happens during 2019 it gets more leveled again but the A220 will be further in its ramp than the Embraer E190/195-E2 during 2019, and there are not many deliveries of E190/195 classic.
The A320neo dominated the 737 MAX with 51% more deliveries, whereas the 737 NG had 25% more deliveries than the A320ceo.
For Wide bodies between 250 to 350 seats Boeing delivered 10% more 787-8, -9 and -10 than Airbus A330ceo/neo and A350-900.
As the A350-900 ramps to around 90 units, the segment will be closer to a draw next year. But this requires the A330neo to ramp as the A330ceo is on the way down with less than 50 deliveries next year. The order backlog for the A330ceo will not allow more deliveries.
Boeing still deliveries more 777-300ER than Airbus A350-1000 and A380 combined for the segment over 350 seats. But as the A350-1000 ramps, the crown in this segment will pass to Airbus this year as A380 stays around 10 and the A350-1000 ramps past 20 units.
There are too few 777-300ER orders to sustain a higher delivery rate than 30 this year whereas the A350-1000 is feed with changeovers from a large A350-900 order backlog as airlines upgrade to the larger model when they come close to delivery. There is a healthier backlog for the 777X but these deliveries start in 2020.
Boeing dominates the freighter market. Airbus delivered no A330-200F freighters during 2018. Noteworthy is the 27 767 freighters/tankers delivered to the market and to Boeing Defense.