Airbus has announced that the company was able to secure 731 net orders for aircraft's in 2016 while delivering 688 aircraft's which is a net positive of 8% for the fiscal year. Boeing in comparison delivered 728 and logged only 668 net orders. Airbus Commercial Aircraft president and Airbus COO Fabrice Brégier expressed great pleasure while discussing his the company exceeding expectations on delivers and orders citing that he believe Airbus could also lead Boeing in deliveries. However Brégier believes that with Airbus having the biggest backlog that the deliveries will ultimately catch up. Brégier notes that the important takeaway from this achievement is that Airbus is growing and growing quickly. 650 aircraft's was the 2016 delivery target for Airbus initially however that increased to 670 as recently as November and with a healthy backlog of 6,874 aircraft valued at over a billion dollars list, Airbus is ending the year with a book-to-bill ratio of above one.
Commercial aircraft deliveries were up for the 14th year in a row according to Airbus and a new company record of 688 aircraft's delivered is music to Brégier’s ears. While there were 218 order cancellations, 72 of them were conversions from ceo to neo programs. Airbus COO-customers John Leahy says he’s unfazed by deferrals because actual cancellations where customers outright leave the program are far and few in between. December was a huge month for Airbus has they made an exceptional push to log 321 net orders and delivering 111 aircraft's within the month which more than doubled its normal output. In comparison Boeing only delivering 66 aircraft's. Brégier cautions that while it is unrealistic to expect that kind of production from here on out it is another sign that Airbus’s future is shining as bright as ever.
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