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Aerospace

Airbus expected to trump Boeing in American Airlines' order - report

Airbus Group (EPA:AIR) will likely receive a larger share of an American Airlines Group Inc (NASDAQ:AAL, ETR:A1G) order for narrow-body jets than Boeing Co (NYSE:BA, ETR:BCO), reports have said.

The carrier is said to be nearing putting pen to paper on deals for a total of 100 jets from the two manufacturers, including Boeing’s 787 MAX 8s and Airbus’ A321s.

However, according to Bloomberg-cited sources, France-based Airbus will receive a larger share of the order than America’s Boeing, with the deal being announced as early as next week.

This would come as Boeing has faced intense scrutiny over its quality control measures after a door panel fell off one of its 737 MAX 9s mid-flight last month.

Indeed, American Airlines chief financial officer Devon May said "we absolutely take current events into consideration as we're going through our analysis of this order” last month.

Boeing was subsequently given 90 days to develop a plan to address its quality issues by the Federal Aviation Administration on Wednesday.

However, the issues added to already ongoing production delays at Boeing and Airbus, with American Airlines’ latest order for planes from 2027 set to place it in competition with United Airlines Holdings Inc (NASDAQ:UAL, ETR:UAL1) for slots.

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