This archive report was first published on 10 July 2019.
Published on July 10, 2019, data from Airbus and Boeing shows that the European plane maker has taken the lead in commercial plane deliveries for the first half of 2019.
According to Airbus' website, the company reported 389 deliveries for the period, a 28% increase from the same period in 2018. Boeing, on the other hand, reported 239 deliveries, a 37% decline from the year-ago period.
The decline in Boeing's deliveries is a direct result of the 737 MAX crisis, which has been ongoing since two recent crashes killed 346 people. The crisis has led to a halt in deliveries of the top-selling plane, with Boeing reporting no new orders for the 737 MAX in June.
Analysts have slashed their profit forecasts for Boeing due to the crisis, which has also forced the company to store planes after they are manufactured. Despite this, Boeing announced a letter of intent to sell 200 737 MAX planes to British Airways parent International Airlines Group at the Paris Air Show in June.
However, the IAG order has not been officially booked yet, and the company's shares rose 0.6% to $353.23. Morningstar analyst Danny Goode said that he does not expect other carriers to follow flyadeal's decision to buy Airbus planes instead of the 737 MAX, as long as Boeing is able to ensure re-entry of the plane by the end of the year.
