(MENAFN- Khaleej Times) Airbus said on Tuesday it beat Boeing with 1,456 net orders last year, but despite handing over a record 629 planes to airlines in 2014 it is still trailing its US rival in deliveries of commercial passenger jets.
The European aerospace company said in a statement that the results "exceeded its targets for 2014" and that at the end of last year it "commanded more than 50 per cent market share for aircraft above 100 seats".
Airbus said its second-best year ever for new orders propelled it to an industry record backlog of 6,386 aircraft valued at $919.3 billion (‚¬777 billion) at list prices.
Boeing, which announced its sales and delivery figures last week, had been leading in the orders category throughout the year, but as frequently happens Airbus announced a number of deals in December. Boeing delivered a record 723 aircraft and took in a record 1,432 orders last year, with its unfilled orders also climbing to a record 5,789 planes.
While the companies focus on the order numbers as they seek to woo even more clients, analysts and investors concentrate on the delivery numbers as the manufacturers get paid when they hand over a plane to airlines. Airbus chief executive Fabrice Bregier said in a statement that "2014 has been an excellent year and the teams in Airbus not only delivered on, but exceeded their targets and commitments."
Despite trailing Boeing in overall deliveries, Airbus edged out Boeing in the biggest segment of single-aisle medium-haul aircraft. Airbus delivered 490 of its A320 aircraft while Boeing handed over 485 of its 737 planes to airlines.
But Airbus missed its target of selling 30 of its superjumbo A380 aircraft, which can carry between 525 and 850 passengers in its different seat configurations, with just 14 net orders. A milestone for Airbus in 2014 was the certification and first delivery of its long-haul A350, the first of its new generation aircraft.
Boeing had dominated this segment of midsize long-haul aircraft, with its 787 Dreamliner having won over 1,000 orders. Airbus executives said they were not concerned. A "lower price of oil is always good for airlines," said John Leahy, Airbus's chief operating officer for customers.
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