Airbus in the global plane-making business.
Airbus easily retained its No. 1 spot in 2020 as Boeing on Tuesday reported a big decline in orders and deliveries. It handed over just 84 passenger jets to airline customers, down almost 90% from a peak in 2018. Buyers pay most of the purchase price on delivery, so Boeing has been short of cash, forcing it to raise debt and cut costs.
Both plane makers have been dented by the pandemic-driven slump in air travel. With vaccines raising hopes for a recovery, Airbus said it is preparing to increase production after slowing output last year.
Boeing, in contrast, has become more reliant on sales of cargo and military jets to ease the strain on its finances caused by the prolonged grounding of the 737 MAX and manufacturing problems that have halted deliveries of the 787 Dreamliner.
WASHINGTON A spate of incidents this week involving supporters of President Donald Trump disrupting flights and refusing to wear face masks has prompted U.S. aviation regulators to vow “strong enforcement action.”
Federal Aviation Administration chief Steven Dickson issued a statement Saturday say
Rescue teams in Indonesia are gearing up for day two of their search for the missing Boeing Co. jet carrying 62 people that at least one agency has characterized as a crash after uncovering debris that are “strongly suspected” to be part of Sriwijaya Air Flight SJ182. The plane lost radio contact shortly after taking off from Jakarta Saturday afternoon. The country’s search agency said the debris found in the Java Sea is similar to those circulating earlier on social media, and its efforts Sunday will include both air and sea, and also underwater. A local news organization said authorities received a report of a plane crashing on a nearby uninhabited island in an area north of the capital city.