Airbus Trounces Boeing on Deliveries Again in June
In a big change from the typical trend of the past few years, Boeing (NYSE: BA) captured more aircraft orders than Airbus (OTC: EADSY) in the first half of 2021. That continued in June, as Boeing won the bulk of a 270-jet order from United Airlines.
However, Boeing's 2021 order activity has barely made a dent in Airbus' backlog advantage. Moreover, Airbus is delivering jets at a dramatically higher rate than Boeing. That's driving a quick revenue and cash flow recovery for the European aerospace giant, while its U.S. counterpart continues to suffer.
Earlier this month, Airbus reported that it delivered 77 commercial jets in June. That marked its best month of the year, topping the 72 jets it delivered in March.
Source Fool.com
