For Airbus, capitalizing on Boeing's woes is challenging

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Since the MAX crisis, Boeing has seen 'no major cancellations of orders', said an analyst.

With its main rival hobbled by the worldwide grounding of a top-selling jet, Europe's Airbus could seem poised to emerge as the undisputed global aerospace leader.

"Airbus is a winner only at the margins," said Richard Aboulafia, a longtime industry analyst at the Teal Group, an aerospace market analysis firm. It was the first time since 2011 that Airbus overtook its US rival in plane deliveries, which is when the bulk of revenues are generated, effectively rendering Airbus the world's largest aircraft maker.

Airbus is primed to move more quickly with commercializing a new mid-distance plane, launching the A321XLR in Paris this year, a single-aisle plane with greater range and passenger capacity of 240.

 

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