By Bjorn Fehrm
January 10, 2023, © Leeham News: Airbus and Boeing released their 2022 delivery and order data today. With a delivery of 661 airliners, Airbus is a 38% larger supplier than Boeing at 480 aircraft.
Airbus had a target of 700 deliveries but came short due to supplier constraints in a year of COVID recovery, raising energy prices due to the war in Ukraine and labor shortages. Boeing is not out of a tunnel caused by 737 Max crashes and 787 quality problems.
On the order side, Airbus booked 820 net orders versus Boeing’s 774. The Airbus backlog is 33% larger at 7,239 aircraft versus Boeing’s 5,430 jets.
Airbus hosted a question and answer with CEO Guillame Faury and Chief Commercial Officer Christian Scherer after the publication of the data. It also publicized an infographic that puts the 2022 figures in perspective, Figure 1.
The orders were 62% higher than in 2021, and Scherer said that single aisle orders are now delivery slot limited with the first free slot in 2029.
Widebody orders have picked up, which is less visible as the year includes large widebody cancellations from AirAsia (a reset of its inflated A330-900 order) and A350-1000 cancellations from Qatar Airways, as seen in Figure 2.
The modest Airbus delivery increase of 8% from 611 in 2021 to 661 aircraft for 2022 was partly due to the more complex A321 now out-delivering the A320 for the first time (264 versus 246), but also because the A220 doesn’t increase more than three units (53 versus 50). The supply chain is the limiting factor for these product lines, as Airbus had hoped to deliver more aircraft.
The 661 deliveries shall be compared with 863 before COVID. Airbus high single-aisle sales put pressure on deliveries, and Faury said the delivery rate increase is still 65 per month by 2024, up from last year’s 43 per month. By “the mid-decade,” Airbus wants to be at 75 A321/A320 per month.
The A330 line has seen a 78% increase in deliveries at 2.7 per month instead of 1.5 per month in 2021. According to Scherer, the sales are healthy, masked by AirAsia resetting its old order for 78 A330-900 to 15.
A350 was produced at rate five during 2022 with 60 deliveries compared with 55 during 2021. The 60 includes a reduction of two Aeroflot machines that were recorded as delivered 2021, but where the actual fly-out to Russia could not be done due to sanctions.
Boeing has net orders of 774 jets and delivered 480 commercial aircraft during 2022, an increase in sales of 62% from 479 orders in 2021 and an increase in deliveries of 41% compared with 340 in 2021.
The different programs ran as follows:
The numbers show how Boeing is still suffering from its MAX debacle, where the delivery rate during 2022 only reached 32 per month for the 737 despite a large stock of produced aircraft.
The 787 manufacturing problems are halfway resolved, with a doubling of deliveries to 31 in 2022, despite a late restart of deliveries in 3Q2022.