It's Deal Time for Boeing and Airbus as 2017 Draws to a Close

It's Deal Time for Boeing and Airbus as 2017 Draws to a Close

Entering 2017, most pundits expected a meaningful slump in aircraft orders, following years of record order activity early in this decade. Even top airplane manufacturers Boeing (NYSE: BA) and Airbus (NASDAQOTH: EADSY) had moderate expectations.

However, 2017 hasn't turned out quite as expected. Boeing is on pace to have an extremely good year in terms of aircraft orders. If Airbus can firm up a big commitment it landed last month by year-end, its 2017 performance won't look too shabby, either.

Last year, Boeing's order activity fell short of its delivery total for the first time since 2009. (The company received 668 net firm aircraft orders, compared to 748 deliveries). By contrast, Airbus continued sailing along, capturing 731 net firm orders while delivering 688 aircraft.

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Source: Fool.com