Airbus CEO says Boeing likely to win order race this year

Advertisement

Airbus CEO Guillaume Faury conceded likely defeat in the annual order race against Boeing on Wednesday, saying it was possible Boeing would win for the first time in six years, helped by settlements over U.S. tariff disputes.

Airbus remains ahead of its U.S. rival in deliveries and the pipeline of outstanding orders, Faury told France Inter. Buoyed by strong demand for its 787 long-haul jet, Boeing on Wednesday posted 908 net orders after cancellations between January and November, compared with 700 for Airbus.

"The fact that we have been ahead on orders for five years means our order backlog is much higher than that of our main competitor," Faury told the French radio station.

"But it is true that they have been helped by the American president as part of tariff negotiations with several countries, where plane orders became part of the resolution of trade disputes."

Analysts say several airlines either placed Boeing orders or timed previously planned order announcements to soothe trade tensions with the United States this year, particularly in Asia.

U.S. industry officials say the long-haul 787 is selling well regardless of trade matters. Airbus is leading on smaller jets, such as the A321.

Airbus orders have lagged for months, but Faury's comments confirm a probable change in the ranking for new business, while Airbus is expected to retain its title as the world's largest manufacturer through higher deliveries.

Asked about reports of a large pending order from China, Faury said he did not expect an imminent new order for hundreds of jets but spoke of clearances for previous orders. On Wednesday, Airbus said it had secured Chinese agreement to go ahead with the delivery of 120 previously ordered jets.

Industry sources have said Airbus was banking on an order for up to 500 jets from China to meet its internal order goals. Beijing is in negotiations with Boeing for a similar package.

With China locked in fraught trade relations with the United States and Europe, Western analysts say it is expected to maintain a broad balance in jet imports to meet its growth after several years in which it was largely absent from the market.

China's state buying agency did not respond to a request for comment. Faury said a major software recall affecting 6,000 jets in the A320 family, which includes the A321, had been completed. The final number of jets needing attention was closer to 4,000 and all have now been fixed, he told France Inter.

look ad Watch AD Unlock More

Advertisement

Trending
UAE Banks Shine in Q1 2026: Record Profits Amid Global Economic Headwinds
UAE Banks Shine in Q1 2026: Record Profits Amid Global Economic Headwinds
Read more >>
Sharjah Islamic Bank Boosts Nasdaq Dubai's Sukuk Market with $500 Million AT1 Listing
Sharjah Islamic Bank Boosts Nasdaq Dubai's Sukuk Market with $500 Million AT1 Listing
Read more >>
Dubai Unveils Dh6 Billion Road Upgrade Plan to Revolutionize Urban Mobility
Dubai Unveils Dh6 Billion Road Upgrade Plan to Revolutionize Urban Mobility
Read more >>

Advertisement

Judge Reaffirms Block on Elon Musk's $55.8 Billion Tesla Pay Package Despite Shareholder Vote
Judge Reaffirms Block on Elon Musk's $55.8 Billion Tesla Pay Package Despite Shareholder Vote
Read more >>
Oil Prices Could Skyrocket Past $100 Amid Middle East Tensions, Analysts Warn
Oil Prices Could Skyrocket Past $100 Amid Middle East Tensions, Analysts Warn
Read more >>
Borouge and Adnoc L&S Forge 15-Year Mega Deal to Boost UAE Petrochemical Exports
Borouge and Adnoc L&S Forge 15-Year Mega Deal to Boost UAE Petrochemical Exports
Read more >>
du Reports Stellar Q1 2026 Results with 19.8% Net Profit Surge
du Reports Stellar Q1 2026 Results with 19.8% Net Profit Surge
Read more >>
e& Announces Record 2024 Financial Results with Dh10.8 Billion Net Profit and 83 Fils Dividend
e& Announces Record 2024 Financial Results with Dh10.8 Billion Net Profit and 83 Fils Dividend
Read more >>
Suzuki Swift Production Halt Linked to China's Rare Earth Export Restrictions
Suzuki Swift Production Halt Linked to China's Rare Earth Export Restrictions
Read more >>

Advertisement

Bentley Continental GT Speed Hybrid: Where Timeless Elegance Meets Electrifying Performance
Bentley Continental GT Speed Hybrid: Where Timeless Elegance Meets Electrifying Performance
Read more >>
Dubai Unveils Dh1.4 Billion Stormwater Drainage Upgrade to Future-Proof City Infrastructure
Dubai Unveils Dh1.4 Billion Stormwater Drainage Upgrade to Future-Proof City Infrastructure
Read more >>
Iran-Israel Tensions Threaten Global Oil Supply: Strait of Hormuz Closure Could Send Prices Soaring
Iran-Israel Tensions Threaten Global Oil Supply: Strait of Hormuz Closure Could Send Prices Soaring
Read more >>
e& Reports Record Growth in Q1 2026, Solidifying Its Position as a Global Tech Leader
e& Reports Record Growth in Q1 2026, Solidifying Its Position as a Global Tech Leader
Read more >>
Carrefour Bids Farewell to Oman Market After Decades of Service
Carrefour Bids Farewell to Oman Market After Decades of Service
Read more >>
MEVP Achieves 5x Return with Strategic Exit as Japan's giftee Acquires Majority Stake in YGG
MEVP Achieves 5x Return with Strategic Exit as Japan's giftee Acquires Majority Stake in YGG
Read more >>
Oil Prices Rally to 7-Week High on U.S.-China Trade Deal Optimism
Oil Prices Rally to 7-Week High on U.S.-China Trade Deal Optimism
Read more >>
e& UAE Launches Innovative Kids SIM Card with Advanced Parental Controls
e& UAE Launches Innovative Kids SIM Card with Advanced Parental Controls
Read more >>
Le Mans Legends: Where History, Speed and Investment Collide
Le Mans Legends: Where History, Speed and Investment Collide
Read more >>
UAE Drivers Alert: Major Road Closures This Sunday - Plan Your Route Now!
UAE Drivers Alert: Major Road Closures This Sunday - Plan Your Route Now!
Read more >>
Dh332 Million Umm Suqeim Street Upgrade Nears Completion, Set to Slash Travel Time by 61%
Dh332 Million Umm Suqeim Street Upgrade Nears Completion, Set to Slash Travel Time by 61%
Read more >>
Recommended
Bentley Continental GT Speed Hybrid: Where Timeless Elegance Meets Electrifying Performance
Bentley Continental GT Speed Hybrid: Where Timeless Elegance Meets Electrifying Performance
In the realm of automotive aristocracy, Bentley stands as a crown jewel. Born from racing heritage with legendary victories, the marque evolved through its Rolls-Royce era before emerging stronger under Volkswagen's stewardship. The Continental GT became its renaissance masterpiece - a perfect marriage of breathtaking design, thunderous performance, and peerless craftsmanship. Now in its fourth iteration, we experienced Bentley's vision of "fine driving" in the exclusive Continental GT Speed Hybrid First Edition - here's why this grand tourer redefines automotive excellence.
UAE Banks Shine in Q1 2026: Record Profits Amid Global Economic Headwinds
UAE Banks Shine in Q1 2026: Record Profits Amid Global Economic Headwinds
The UAE's banking sector has defied global economic challenges to deliver an impressive first quarter performance in 2026, with the nation's top lenders reporting robust growth across key financial metrics. Fresh analysis from Alvarez & Marsal (A&M) reveals the UAE's ten largest listed banks collectively saw net income surge to Dh22.2 billion - an impressive 8.4% increase compared to the previous quarter. This stellar performance was driven by a remarkable 59.3% reduction in impairment charges a
Le Mans Legends: Where History, Speed and Investment Collide
Le Mans Legends: Where History, Speed and Investment Collide
Suzuki Swift Production Halt Linked to China's Rare Earth Export Restrictions
Suzuki Swift Production Halt Linked to China's Rare Earth Export Restrictions
In a move highlighting the growing impact of global supply chain disruptions, Suzuki Motor has temporarily suspended production of its popular Swift subcompact due to China's tightening rare earth export policies. Industry insiders reveal this marks the first major Japanese automaker affected by Beijing's recent trade measures.

Advertisement