Investing

Boeing Tromping Airbus in YTD Sales (BA, EADSY)

In the first two months of 2012, the Boeing Co. (NYSE: BA) has sold a net 385 new aircraft compared with just a net total of 91 for the Airbus unit of European Aeronautic Defence and Space Co. (OTC: EADSY). In actual deliveries, though, Airbus and Boeing have each shipped 84 new planes.

Boeing’s huge order for 230 of its new 737 MAX aircraft from Indonesia’s Lion Air accounts for most of the difference. Deliveries for those planes is not scheduled until 2017, however.

Airbus is battling resistance to the European Union’s new carbon emissions fee, which is causing some orders to be delayed. China, for example, is holding orders for 35 A320s and 10 A380s due to its opposition to the fee, which went into effect in January. An Airbus official has said that as many as 26 countries are taking retaliatory steps against the aircraft maker due to the new fee.

Take This Retirement Quiz To Get Matched With An Advisor Now (Sponsored)

Are you ready for retirement? Planning for retirement can be overwhelming, that’s why it could be a good idea to speak to a fiduciary financial advisor about your goals today.

Start by taking this retirement quiz right here from SmartAsset that will match you with up to 3 financial advisors that serve your area and beyond in 5 minutes. Smart Asset is now matching over 50,000 people a month.

Click here now to get started.

Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.