Both Airbus and Boeing
have suffered a significant decline in new aircraft orders since the start of the year and the following infographic provides an overview of net orders including cancellations up to the end of September. The 737 Max crisis has impacted Boeing heavily
and the American planemaker reported -84 orders. This is primarily due to the high number of Max cancellations which amounted to 184 orders.
Even though Airbus hasn't had to contend with Boeing's difficulties, it only recorded 127 orders up to the end of September compared to 747 in 2018. The crisis may have indirectly impacted Airbus, however, with many airlines being more cautious with their orders. Experts also cite geopolitical crises and a weakening global economy as other possible reasons for the current turbulence in the commercial airliner market.
Airbus looks set for a major improvement in orders after it announced a mammoth order by Indian airline Indigo. The low-cost carrier ordered 300 A320neo. Looking at the latest published price list for aircraft, that deal could be worth as much as $33 billion to the European planemaker.