Boeing in catch-up mode after poor 2020

BTN News
Friday, 22 January 2021
2020 was one of the worst years for Boeing, according to Stock Apps, which says the plane maker made only 157 deliveries in the year. 
This translates to a 59 per cent decline year-over-year (YoY) after it delivered 380 jets in 2019. 
2020 also was the lowest figure since 1972, when it delivered 97 airplanes.
Rival aircraft manufacturer Airbus made 566 2020 deliveries, according to its annual report, down 34 per cent on the 2019 total.
 
In addition to pandemic woes, Boeing also took a hit from the grounding of its 737 MAX. 
 
The last time Boeing out-sold Airbus was in 2018, when it sold 806 units, compared to 800 for Airbus. 
 
In 2019, Airbus sold 863 units, nearly triple Boeing’s total. December 2020, however, marked a turnaround for Boeing as it reported 90 gross orders. Some 75 of the orders came from Ryanair, a European carrier. 
 
Also, Alaska Airlines announced it would increase its 737 MAX order by 23 units.  American Airlines ordered 10 aircraft and United Airlines requested eight. 

Capacity fell
According to the International Civil Aviation Organisation (ICAO), seating capacity fell by 50 per cent in 2020. 
Only 1.8 billion passengers took flights in 2020 compared to 4.5 billion in 2019. While domestic passenger traffic fell by 50 per cent, international travel tumbled by 74 per cent. 
 
ICAO projects that by June 2021, passenger numbers could rise to 71 per cent of 2019 levels (at best).

Boeing in catch-up mode after poor 2020

BTN News
Friday, 22 January 2021
2020 was one of the worst years for Boeing, according to Stock Apps, which says the plane maker made only 157 deliveries in the year. 
This translates to a 59 per cent decline year-over-year (YoY) after it delivered 380 jets in 2019. 
2020 also was the lowest figure since 1972, when it delivered 97 airplanes.
Rival aircraft manufacturer Airbus made 566 2020 deliveries, according to its annual report, down 34 per cent on the 2019 total.
 
In addition to pandemic woes, Boeing also took a hit from the grounding of its 737 MAX. 
 
The last time Boeing out-sold Airbus was in 2018, when it sold 806 units, compared to 800 for Airbus. 
 
In 2019, Airbus sold 863 units, nearly triple Boeing’s total. December 2020, however, marked a turnaround for Boeing as it reported 90 gross orders. Some 75 of the orders came from Ryanair, a European carrier. 
 
Also, Alaska Airlines announced it would increase its 737 MAX order by 23 units.  American Airlines ordered 10 aircraft and United Airlines requested eight. 

Capacity fell
According to the International Civil Aviation Organisation (ICAO), seating capacity fell by 50 per cent in 2020. 
Only 1.8 billion passengers took flights in 2020 compared to 4.5 billion in 2019. While domestic passenger traffic fell by 50 per cent, international travel tumbled by 74 per cent. 
 
ICAO projects that by June 2021, passenger numbers could rise to 71 per cent of 2019 levels (at best).