Boeing wins annual jet order race on adjusted basis

[turbinetree]

Source: Reuters

January 11, 2022
12:01 PM EST
Last Updated 20 minutes ago

By Eric M. Johnson

SEATTLE, Jan 11 (Reuters) - Boeing Co (BA.N)bounced back to win the traditional annual order race against Airbus SE (AIR.PA) on an adjusted basis, but its European rival remained the world's largest planemaker based on the number of jets delivered, data showed on Tuesday.

Shares in Boeing rose around 2% after the closely watched data showed it ended 2021 with 535 net orders after cancellations and conversions that were partially offset by regular accounting adjustments. Gross orders were 909.

Excluding the upward accounting adjustments, which reflect a more positive view from Boeing on airlines' ability to take delivery, Boeing fell behind its rival with 479 orders.


Read more: https://www.reuters.com/business/aerospace-defense/boeing-wins-annual-jet-order-race-adjusted-basis-2022-01-11/

[Harker]

1. I'm the best there is!

On an adjusted basis, of course.