Boeing CEO Dennis Muilenburg is flanked on the left by Boeing’s chief financial officer, Greg Smith, and on the right by Embraer CEO Paulo Cesar Silva. (Boeing Photo)
Boeing declared victory in its multibillion-dollar sales competition with Airbus at this week’s Farnborough International Airshow — but the details are murkier than usual, in part due to international trade frictions.
Boeing chalked up 528 orders and commitments for airplanes during the show. Airbus’ corresponding tally came to 431, including up to 60 of the A220 jets formerly known as the Bombardier CSeries. Those single-aisle jets would go to a new airline called Moxy, with the first deliveries due in 2021.
To counter that Airbus-Bombardier partnership, Boeing struck a deal of its own earlier this month with Brazil’s Embraer to market small-size passenger jets.
Farnborough’s list-price sales total for Boeing added up to $98.4 billion on the commercial airplane side of its business, and $2.1 billion on the services side. Airbus’ corresponding number shaped up in the range of $50 billion to $60 billion, according to 24/7 Wall Street.
“Boeing led the way at Farnborough, demonstrating value for our customers, capturing important new business in products and services, and announcing the unique strength of our strategic partnership with Embraer,” Boeing CEO Dennis Muilenburg said in a news release.
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