Home >Companies >Airbus extends order lead over Boeing after single biggest sale

London: Airbus SE widened its order lead over rival Boeing Co. in 2017 after racking up a record year of sales that included its biggest-ever deal.

The European planemaker booked contracts for 1,109 jetliners, or 52% more than in 2016, it said in a statement Monday. That extended the margin over Boeing to 197 planes after the US company secured 912 net orders.

The American company retains the title of world’s biggest planemaker after delivering an all-time high 763 aircraft versus Airbus’s 718.

In the last month of 2017 Airbus booked 776 aircraft sales net of cancellations, including a $50 billion deal for 430 narrow-body aircraft initially announced in November at the Dubai Air Show. The order from Indigo Partners will be split between airlines including European discounter Wizz Air Holdings Plc and US-based Frontier Airlines Holdings Inc.

Toulouse, France-based Airbus has held an order lead over Boeing since 2012. Bloomberg

Subscribe to Mint Newsletters
* Enter a valid email
* Thank you for subscribing to our newsletter.

Click here to read the Mint ePaperMint is now on Telegram. Join Mint channel in your Telegram and stay updated with the latest business news.

Edit Profile
My ReadsRedeem a Gift CardLogout