Boeing lost to Airbus for the first time in eight years after delivery plunged 37percent in the first half of the year

category:Finance
 Boeing lost to Airbus for the first time in eight years after delivery plunged 37percent in the first half of the year


However, some airlines are confident in 737MAX models, such as British Airlines International Airlines Group (IAG) announced its intention to buy 200 Boeing 737MAX models during the Paris Air Show in 2019, covering both MAX8 and MAX10.

According to the Wall Street Journal, there are currently more than 150 undelivered 737MAX aircraft parked in various parts of the United States, and 380 in the hands of various airlines.

On June 6 this year, Francois Mery, chief operating officer of civil aircraft of European aircraft manufacturer Airbus China, told a small-scale media interview including Pang Mei News that the current production rate of Airbuss A320 Series Asian Assembly Line (FALA) in Tianjin is 5 units per month and is expected to reach 2020. The production rate can be increased to 6 units per month at the beginning of the year.

Boeing, by contrast, cut 737 MAX production in April, from 52 to 42 a month. At the same time, currently undelivered aircraft are also consuming Boeings cash flow, after Boeing has spent some of its funds on stock repurchases and higher dividends.

In an interview with the Wall Street Journal, some analysts said they expected Boeings cash flow to decrease and its debt to increase this year. The reduction in 737MAX orders will also mean a consequential reduction in revenue from airline services.

In 2012, Boeing delivered more planes than Airbus, marking its return to first place after a decade. From 2012 to 2018, Boeing has been in the first place steadily, until now it is falling.

(Peng Mei News Yao Xiaolan)