Aug 14, 2024, 12:00 AM
Aug 14, 2024, 12:00 AM

Boeing Struggles to Catch Up with Airbus

Highlights
  • Boeing faces challenges in competing with Airbus due to quality control issues.
  • The new chief of Boeing starts at a disadvantage in the passenger plane market.
  • Boeing needs to work hard to catch up with Airbus in the industry.
Story

In a significant shift in the aviation industry, Airbus has surpassed Boeing in the number of passenger planes in operation worldwide for the first time in its history. This development presents a formidable challenge for Boeing's new CEO, Kelly Ortberg, who recently took the helm. Analysts note that while Airbus continues to gain market share, Boeing is in a position where it must focus on recovery and regaining its competitive edge. Since the beginning of 2019, Airbus has delivered over 3,800 aircraft, significantly outpacing Boeing, which has delivered approximately 2,100 planes during the same period, according to data from Cirium. This disparity highlights Airbus's strong production capabilities and sales performance, which have contributed to its growing dominance in the global passenger aircraft market. Industry leaders, including Air India's CEO Campbell Wilson, have expressed a desire for increased aircraft availability, indicating a demand for more rapid deliveries from both manufacturers. The ongoing competition between Airbus and Boeing underscores the critical nature of production efficiency and market responsiveness in the aviation sector. As the duopoly continues to evolve, the pressure is on Boeing to innovate and enhance its offerings to reclaim its position in the market. The coming months will be pivotal for both companies as they navigate the challenges and opportunities presented by a rapidly changing industry landscape.

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