Airbus Is Crushing Boeing on Aircraft Deliveries
Boeing and Airbus are used to volatility, due to the boom-bust cycles that have been typical of the airline industry throughout its history. However, the coronavirus-induced aviation bust of 2020 is shaping up to be the worst in memory, as demand for new airplanes plunged quite suddenly following years of strength.
The impact on the plane makers hasn’t been equal, though. For Boeing, the pandemic is compounding the impact of the 737 MAX grounding, which has now surpassed 19 months. As a result, while Airbus is already recovering from the worst of the pandemic-induced demand drop, Boeing is still floundering.
Image source: Boeing.