Airbus, the European aerospace company. (Business Briefs).(Airbus Industrie, France)(Brief Article)(Statistical Data Included)

Europe, September, 2002 by Barnard, Bruce

Airbus, the European aerospace company, is on a roll as it prepares to outsell US arch rival Boeing in 2003 and ratchet up production in 2004 after two years of falling deliveries.

The companies were running neck-and-neck in the summer with Boeing booking more orders while Airbus had a 52 percent market share by value. The balance will change when UK low-cost carrier easyJet decides where to place a $12 billion order for 120 jets with 120 options, but Airbus is confident it will remain in the pole position even if it loses out.

Airbus likely will deliver around 300 aircraft in 2003, ahead of Boeing, which expects to ship 275-300. What's more, Airbus expects to start raising production again in 2004 to between 320-340 aircraft while Boeing's output re...

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