Airbus SAS secured more than twice the number of aircraft orders in 2010 than it had anticipated at the start of the year, helping the French manufacturer maintain its lead over Boeing as demand rebounded around the world.
The company won contracts last year for 644 jets, compared with its original prediction of 300, Chief Executive Officer Tom Enders said today. The net order intake came to 574, after 70 cancellations. Boeing won 530 net orders after 95 cancellations and delivered 462 planes. Airbus delivered a record 510 planes.
“2010 was a good year, better than expected, and with that behind us, I’d look more optimistically now toward the future,” Enders said at a briefing in Paris. “Growth, especially in aviation, is back, and this is largely due to emerging markets. Asia, the Middle East, that’s certainly been the focus.”
The planemaker expects deliveries to rise to as many as 530 aircraft in 2011, with new orders topping that figure, Enders said. The company aims to secure a higher percentage of orders from North America this year, as carriers including Delta Air Lines start replacing ageing aircraft and airlines consider the revamped A320, Airbus’s most successful aircraft.
Airbus is currently building 36 single-aisle planes each month, with plans to increase the rate to 40 in 2012. Demand is sufficient for Airbus to raise single-aisle production to as many as 44 monthly, and wide-body jets to 10 or 11 a month from nine, Enders said, with a decision expected shortly.
Increasing production
At $74 billion, the value of Airbus’s net orders at list price also beat its US rival’s $49.5 billion, as Airbus delivered more of the costlier wide-body and jumbo planes, including 18 A380s double-decker aircraft. Airbus missed a target of 20 A380 deliveries in 2010, after the explosion of a Rolls-Royce Trent 900 engine on a Qantas Airways A380 disrupted output because some engines had to be switched.
Airbus is developing the A350, a twin-aisle, long-range plane that will compete against Boeing’s 787 and 777. Enders said assembly of the first plane is set to start at the end of 2011, with first delivery planned by the end of 2013.
The Toulouse, France-based company aims to build A380s at a rate of two a month, and deliver “between 20 and 25” A380s in 2011 before ramping up to three a month in 2012, Enders said. Enders reiterated that A380 deliveries this year may be disturbed by lack of turbines from Rolls-Royce, after the engine maker removed 20 Trent 900 engines from the Airbus assembly line to switch faulty models on jets already in service.
Enders said his estimate is that 60 per cent of A380 deliveries will be in the second half of the year, though that prediction depends on how work proceeds with Rolls-Royce.
