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By Scott Hamilton and Vincent Valery

Introduction

Jan. 5, 2021, © Leeham News: What’s in store for Airbus and Boeing this year?

Boeing needs a boring year.

Airbus is clearly better positioned than Boeing.

Twenty-twenty one is a year of recovery for Boeing. It must dig out from a very deep hole.

Airbus reported that it hit cash break-even in the third quarter. But the company is not out of the woods yet.

Everything depends on something largely out of their control: how quickly the airline industry recovers from the COVID pandemic.

Summary

• Boeing hopes to deliver about half of the 450 stored MAXes this year.
• Low-rate production inches up for the 737.
• Widebody sales dried up for Airbus and Boeing.