Airbus increases deliverables in 2016


#1

Airbus posted an eight percent rise in deliveries last year, beating its own forecasts by a comfortable margin to set a company record, and pulled off a last-minute surge in orders to beat arch-rival Boeing (BA.N) in the race for new orders.

Airbus announced a fourth successive win in the race for new business after posting 731 net orders for 2016, including more than 300 orders in December, confirming potential business reported earlier by Reuters.

Boeing kept the title of No.1 producer with 748 deliveries but registered a lower figure of 668 net orders.