In 2024, Airbus significantly outpaced Boeing in terms of commercial aircraft deliveries, which is a key indicator of market share in the aerospace industry.
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Here's a summary of their 2024 performance:
Airbus: Delivered 766 commercial aircraft.
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Boeing: Delivered 348 commercial aircraft.
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This means that in 2024, Airbus held approximately 56% of the market share based on deliveries, while Boeing had roughly 40%. The remaining 4% was split between other manufacturers like Embraer and COMAC.
Boeing's lower delivery numbers in 2024 were attributed to several factors, including:
A workers' strike that impacted production.
Increased government scrutiny and safety concerns following various incidents.
Ongoing supply chain challenges.
Airbus, on the other hand, saw a 4% increase in deliveries compared to 2023 and achieved a record order backlog.
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In 2023, Airbus maintained its lead over Boeing in terms of commercial aircraft deliveries, a key indicator of market share in the aerospace industry.
Here's a breakdown of their performance:
Airbus: Delivered 735 commercial aircraft to 87 customers. This was an 11% increase compared to their 2022 deliveries.
Boeing: Delivered 528 commercial aircraft.
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This means that in 2023, Airbus captured a larger share of the market based on deliveries. Airbus also set new industry records for gross orders (2,319 jets) and net new orders (2,094 aircraft), and ended the year with a record backlog of 8,598 jets.
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Boeing also had a strong year for orders in 2023, securing 1,314 net new orders and a company record backlog of 6,216 jets, but faced ongoing challenges with supply chain disruptions and production ramp-up, particularly for the 737 MAX.
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