icon bookmark-bicon bookmarkicon cameraicon checkicon chevron downicon chevron lefticon chevron righticon chevron upicon closeicon v-compressicon downloadicon editicon v-expandicon fbicon fileicon filtericon flag ruicon full chevron downicon full chevron lefticon full chevron righticon full chevron upicon gpicon insicon mailicon moveicon-musicicon mutedicon nomutedicon okicon v-pauseicon v-playicon searchicon shareicon sign inicon sign upicon stepbackicon stepforicon swipe downicon tagicon tagsicon tgicon trashicon twicon vkicon yticon wticon fm
10 Jul, 2019 09:20

Airbus to become world’s biggest plane maker as Boeing’s deliveries plunge over 737 MAX disaster

Airbus to become world’s biggest plane maker as Boeing’s deliveries plunge over 737 MAX disaster

American aircraft manufacturer Boeing has reported a 37 percent drop in deliveries for the first half of the year due to the prolonged grounding of its best-selling 737 MAX jets after two deadly crashes.

The company supplied 239 planes from January through June, compared to 378 jets in the same period of 2018.

Deliveries for the second quarter of 2019 were down 54 percent from the same period last year, to 90 aircraft.
Analysts say the company’s full-year deliveries are likely to fall behind its European rival Airbus for the first time in eight years.

Airbus on Tuesday reported 389 deliveries in the first six months of the year, up 28 percent from the same period in 2018. The rival plane maker has also recorded 213 orders, about double what Boeing reported.

Also on rt.com Saudi airline cancels its order for dozens of Boeing's 737 Max, sticking with Airbus instead

A few airlines have shown confidence in Boeing’s once best-selling 737 MAX jet since the fatal crashes in Indonesia and Ethiopia, which killed 346 people. The aircraft has been grounded by a number of global airlines since March.

READ MORE: Airbus steals Paris Air Show with twice as many new plane orders than Boeing

On Monday, Saudi Arabian budget carrier Flyadeal canceled an order of 50 Boeing 737 Max jets worth up to $5.9 billion in favor of a deal with Airbus.

It’s become the first airline to officially cancel its order since the MAX grounding.

For more stories on economy & finance visit RT's business section