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Airbus deliveries up, sales down after challenging year

Jan 09, 2019 - Associated Press Financial Wire
Organizational Restructuring

PARIS (AP) - Airbus delivered more planes than ever to airlines around the world last year, but orders for new aircraft slumped.

In a statement Wednesday, the company said it handed over 800 planes to customers in 2018. That was up from 718 a year earlier, and just behind the 806 delivered by rival Boeing in 2018.

However, Airbus said it sold 747 aircraft last year, down from 1,109 the year before - and well below the 893 Boeing planes sold in 2018.

Most Airbus deliveries and o...