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The jet maker took in 1,226 net orders for the A320neo in 2011, including a single order for 200 of the aircraft worth $18.5 billion from Malaysian budget airline AirAsia. Airbus' top salesman John Leahy said that the jet maker expects total orders to fall to between 600 and 650 aircraft this year, including the A320neo, after Boeing responded with a new version of its best-selling 737 model with a new engine, which it calls the 737 max. Southwest Airlines Co. will be the first recipient of Boeing's new plane, representing the biggest firm order in the company's history by number of planes
-- 208 -- and by list-price value, at nearly $19 billion. Leahy cautioned that competition from Boeing's revamped 737 could unseat Airbus from its leadership in the orders race this year. After a market share of new orders of 64 percent last year, "in 2012 we will be down around 50 percent or probably lower than that," Leahy told reporters at the company's annual New Year's news conference. Airbus is by far the largest part of EADS, which also encompasses the Astrium satellite builder and Cassidian defence electronics contractor. Troubles in developing and launching new aircraft programs like the A350 wide-body long-range jet and the A400M military transporter have squeezed the group's profitability for years, but Gallois promised improving results starting this year. "We will see significantly better profitability as soon as 2012," Gallois said, thanks to Airbus efforts to get its troubled programs back on track. Higher deliveries, stronger pricing and cost savings across all of EADS' divisions will also help lift the group's profitability, Gallois said.
[Associated
Press;
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