- Order intake 193 aircraft in October
- Delivered 44 aircraft
- Airbus increases its sales lead over Boeing
PARIS (Dow Jones)--Airbus delivered 44 aircraft in October and took orders for 193 more, allowing it to increase its lead over U.S. rival Boeing Co in terms of order intake so far this year.
The new orders were boosted by a major contract with Australia's Qantas Airways Ltd. for 110 of Airbus's single-aisle medium-haul A320 jets.
That brought the Toulouse, France-based company's total firm order intake for the first 10 months of this year to 1,372 aircraft, or 1,231 net orders after 141 cancellations. Last month's orders were also boosted by a contract with JetBlue Airways Corp. (JBLU) of the U.S. for 40 A320neo aircraft, to which the airline committed in June, as well as an order for 32 A320-family aircraft from Brazil's TAM S/A.
The October order total also included two A380 superjumbos for Deutsche Lufthansa AG (LHA.XE).
Airbus's order tally for the first 10 months of this year was 2 1/2 times that of Boeing's 538. In terms of net orders after cancellations, Airbus's 1,231 net orders compared with Boeing's 428 gave it three-quarters of the market for large commercial jets.
Both Airbus and Boeing are expected to rack up new orders during next week's Dubai Air Show, notably from Gulf airlines.
European Aeronautic Defence & Space Co NV (EAD.FR), said earlier this year that it expects Airbus, a wholly-owned unit, to book more than 1,000 gross orders in 2011, and this guidance has already been exceeded in the first 10 months, largely thanks to the commercial success of the A320neo, a revamped version of the A320 with more efficient engines and fuel-saving wingtip devices that will be delivered to Airbus customers starting in 2016. Airbus has taken more than 1,000 firm orders and commitments for the A320neo since the upgrade program was launched less than a year ago.
EADS officials may give revised guidance when the company gives out its third-quarter earnings on Nov. 10.
EADS current guidance is also based on Airbus delivering between 520 and 530 aircraft in 2011. It delivered 418 through Oct. 31.
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