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Day: January 13, 2021

Stock Investing

Boeing Lost To Airbus In All Aspects Last Year

Unsurprisingly, last year, Airbus beat The Boeing Company (BA) on all fronts. In the fourth quarter, the U.S. company produced only 59 commercial aircraft and 157 for the entire year, 59 percent fewer than in 2019, a still unstable year of only 380 deliveries for the Seattle group. Over the last twelve months, the European giant has managed to produce 566 flights. Boeing, which has faced a ban on operating its 737MAX for most of the year, has seen its order backlog falling from about 5,900 aircraft at the end of 2018 to 4,223 units by the end of 2020.