Heavy Orders for Airbus and Boeing Raise Backlog Questions
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With Boeing and Airbus scrambling to meet orders, analysts said the lag time between order and delivery is likely to start slowing sales.
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New orders for long-lasting U.S.-made goods were held back by a sharp plunge in demand for new aircraft, the Commerce Department said.
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Fanning an already hot business rivalry, Airbus is working on a new plane to compete with Boeing&#39;s pending 7E7 widebody jet. Meanwhile, US and European Union trade negotiators
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Facing increasing budget pressures, the US Air Force is considering asking rivals Boeing Co. (BA.N: Quote, Profile, Research) and Lockheed Martin Corp.
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Leading airlines are reviewing their options after Airbus announces further delays to its flagship A380 plane.
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Boeing Co. and its European rival Airbus SA both snagged new orders at the opening Monday of the world's biggest air show.
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Germany's Deutsche Lufthansa said it is ordering Airbus and Boeing aircraft worth about $6.9 billion at list prices as it expands and modernizes its fleet.
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Boeing archrival Airbus expects to deliver as many as 320 aircraft this year, or 5 percent more than it forecast earlier, as demand from airlines picks up.
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The view from the Airbus cockpit turned darker when its managers said the European plane-maker might take 15 years to catch up with Boeing and that the A350 project might be suspended.
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LONDON (CBS.MW) -- Airbus, the European aircraft maker that competes with Boeing Co. (BA) , is expecting airline deliveries this year from 315-320, approaching a record, the Financial Times reported, citing Chief Executive Noel Forgeard.
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Airbus and parent aerospace group EADS were in the eye of a breaking storm of union defiance and stock market doubts over cutbacks on Monday, a day before a strike in French factories.
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Boeing Co. , the world&#39;s  top-selling plane maker, forecast that 28,600 new aircraft  worth about $2.8 trillion will be bought over the next 20 years  on the back of rising demand for passenger travel and air  cargo.
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MELBOURNE/PARIS  - The world's airlines were forced to review growth plans on Wednesday after Airbus revealed more delays to its troubled A380 superjumbo, while the jetmaker's parent EADS  faced a threat to its key credit rating.
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The board of Airbus parent EADS  is expected on Tuesday to decide on a cost-cutting program and assess the impact of the latest delay in its A380 superjumbo plane, which one newspaper report said could now slow 2007 deliveries to just two aircraft.
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PARIS/MELBOURNE  - The world's airlines were forced to review growth plans and investors hammered the shares of Airbus parent EADS  on Wednesday after the European planemaker again pushed back deliveries of its A380 superjumbo.
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American Airlines has delayed the deliveries of 54 Boeing Co. planes to save $2.7 billion over the next six years. The agreement with Boeing lets AMR, which has lost $6.9 billion since the end of 2000, delay
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American Airlines is in talks with The Boeing Co. to defer delivery of some aircraft as airline capacity exceeds demand and pushes down ticket prices, Chief Financial Officer James Beer said.