LONDON (ShareCast) - EADS (Other OTC: EADSF.PK - news) -subsidiary Airbus (Paris: NL0000235190 - news) sold almost twice as many airplanes as US rival Boeing (NYSE: BA - news) in 2011 but admits that it will be difficult to stay in front in 2012. The company registered 1,608 orders in 2011 for a total of 1,418 units and a 64% market share. Orders included more than 1,220 units of the A320neo, the new version of the 150-seat Airbus that was launched a little over a year ago. It forced Boeing to update to its 737MAX model. Additionally, Airbus confirmed the delivery of 534 units in 2011. According to the leading aircraft manufacturer, the results presented this morning confirm the popularity of its fuel-efficient airplanes thanks to new engines that will be available in 2015. However, Airbus sales chief John Leathy affirmed in this morning's press conference, "It was a tough year for the world economy but traffic is growing and the number of middle classes, by which I mean people with disposable incomes for things like air travel, will triple in the next 20 years." "I predict that in 2012 our share will be down to around 50 percent, or probably even lower than that," Leary went on to say. By 15:06 in Paris, shares of EADS were down 0.1% at €25.65, while Boeing was trading up 0.87% at $75.25 in pre-market trading in New York (Frankfurt: A0DKRK - news) . MJ.J.
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