<p class = "canvas-atom-canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "In 2018, Boeing (NYSE: BA) and Airbus (NASDAQOTH: EADSY) Trade negotiations, slower growth in China and the long order book made it difficult to obtain new commercial aircraft orders. Nevertheless, it seems that the past year has been another solid year for both aircraft manufacturers. "Data-reactid =" 11 "> In 2018, Boeing (NYSE: BA) and Airbus (NASDAQOTH: EADSY) has struggled to win new orders for commercial aircraft due to trade tensions, slower growth in China and long order backlog. Nevertheless, it seems that the past year has been another solid year for both aircraft manufacturers.

However, one thing seems to have changed in 2018. Between 2013 and 2017, Airbus captured more aircraft orders than its American rival each year. On the other hand, based on currently available data – final totals of orders will be released in a week or two – Boeing appears to have broken Airbus' winning streak over the past five years.

The ranking from November

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "By the end of November, Boeing had reserved 690 firm firm orders in 2018. This gave him a big lead on Airbus, which had captured 380 firm firm orders. "data-reactid =" 14 "> At the end of November, Boeing had recorded 690 firm firm orders in 2018, which earned it a big lead on Airbus, which had captured 380 net firm orders.

Based on these results for the first eleven months of the year, Boeing was well positioned to achieve a new order-to-order ratio of at least 1.0, meaning that new orders would be at least aircraft deliveries for the year. . (Boeing has probably delivered between 810 and 815 commercial jets in 2018.) In contrast, Airbus needed huge performance in December to be above its more than 800 aircraft planned for a full year.

A Boeing 737 MAX 9 flying over the clouds

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Boeing has probably been able to at least match its production to new orders in 2018. Image Source: Boeing.

In addition, Boeing achieved a more diversified order mix in the first 11 months of 2018. Larger wide-body aircraft accounted for approximately 28% of its net firm orders up to November, compared with 21 % for Airbus.

Boeing is trying to seal the deal

On December 21st, Boeing announced two outstanding aircraft orders. Green Africa Airways, a young Nigerian-based airline, has ordered 50,737 MAX 8s and the Saudi airline is committed to buying 30,737 MAX. That said, it is not clear that either agreement has been finalized. According to the wording of the two press releases, it seems more likely that the order of Green Africa Airways has become official before the end of 2018.

<p class = "web-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "It is likely that other commands have been finalized last month, especially from large pool of commitments signed in July at the Farnborough Air Show. Small transactions often do not deserve press releases. In addition, it is quite common that aircraft buyers do not want their orders to be published immediately. (For example, in the first 11 months of 2018, Airbus recorded 69 "undisclosed" buyer orders and Boeing awarded 123 orders to an "unidentified customer (s)". sales made buyers more likely to remain anonymous. "data-reactid =" 31 "> It is likely that other orders were finalized last month, especially from the large pool of commitments signed in July at the Farnborough Air Show. Small transactions often do not deserve press releases. In addition, it is quite common that aircraft buyers do not want their orders to be published immediately. (For example, in the first 11 months of 2018, Airbus recorded 69 "undisclosed" buyers' orders and Boeing awarded 123 "unidentified customers".) Trade tensions have made even more buyers to remain anonymous.

Considering that December is generally the busiest month in terms of aircraft orders, it is highly likely that Boeing was able to record the 120 to 125 net orders needed to match the production expected for the year.

Airbus probably can not create another surprise

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "In 2017, Airbus was even worse both in absolute terms and compared with Boeing, the European aerospace giant, however, published a figure save monthly orders in December of this year. The order included a record order of 430 aircraft from the A320neo family of US investment company Indigo Partners. The outstanding performance of Airbus in December 2017 has led Boeing to overtake and close the year with over 1,100 firm firm orders. "Data-reactid =" 34 "> In 2017, Airbus was even more degraded at the end of November, in absolute terms and compared to Boeing, but the European aerospace giant published save monthly orders in December of this year. The order included a record order of 430 aircraft from the A320neo family of US investment company Indigo Partners. The exceptional performance of Airbus in December 2017 allowed it to overtake Boeing and close the year with over 1,100 firm firm orders.

The story continues

It is extremely unlikely that Airbus has resumed this success last month. In December, the company announced only one aircraft order: a contract with Avolon aircraft leasing company for 75 A320neos and 25 A321neos.

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "There will probably be smaller transactions and orders of Unidentified customers are included in the total orders for Airbus in December 2018. Nevertheless, the vast majority of orders recorded by Airbus in December 2017 were announced in a series of press releases during the month. "data-reactid =" 40 "> There will likely be offers and orders from unidentified customers included in the total of Airbus orders in December 2018. Nevertheless, the vast majority of orders placed by Airbus in December 2017 were: announced in a series of press releases During the month.

Airbus is expected to spend more than 300 additional net orders in December (apart from the Avolon deal) to match its 2018 production. It would also require at least as many orders to beat Boeing for a sixth consecutive year. That's probably too much to ask. Barring a huge surprise, it seems that Boeing has finally outperformed Airbus in terms of annual aircraft orders in 2018.

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<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Adam Levine-Weinberg has no position in the mentioned actions. The Motley Fool has no position in any of the actions mentioned. The Motley Fool has a disclosure policy."data-reactid =" 50 ">Adam Levine-Weinberg has no position in the mentioned actions. The Motley Fool has no position in any of the actions mentioned. The Motley Fool has a disclosure policy.