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| Airbus takes top planemaking spot | Airbus takes top planemaking spot |
| (about 2 hours later) | |
| European planemaker Airbus took top spot in global jet plane deliveries and orders during 2008. | European planemaker Airbus took top spot in global jet plane deliveries and orders during 2008. |
| Airbus saw a 7% rise in deliveries to a record 483 planes. US rival Boeing - hit by a machinists' strike - saw its deliveries fall by 15% to 375 planes. | Airbus saw a 7% rise in deliveries to a record 483 planes. US rival Boeing - hit by a machinists' strike - saw its deliveries fall by 15% to 375 planes. |
| It also outsold Boeing, with orders for 777 jets, down 42% from the previous year. Last week, Boeing said it sold 662 aircraft in 2008, down 53% on 2007. | It also outsold Boeing, with orders for 777 jets, down 42% from the previous year. Last week, Boeing said it sold 662 aircraft in 2008, down 53% on 2007. |
| Airbus is restructuring to cope with currency volatility and other issues. | Airbus is restructuring to cope with currency volatility and other issues. |
| It said its Power8 cost-cutting programme had saved 1.3bn euros ($1.7bn; £1.2bn). | It said its Power8 cost-cutting programme had saved 1.3bn euros ($1.7bn; £1.2bn). |
| 'Challenging 2009' | 'Challenging 2009' |
| The pan-European firm sold planes worth $100bn (£68bn) in 2008, giving it a market share of 54%. | The pan-European firm sold planes worth $100bn (£68bn) in 2008, giving it a market share of 54%. |
| And it said it had a backlog of 3,715 jets, which it is estimated it would take six years to clear, although this could be reduced to four years with cancellations. | And it said it had a backlog of 3,715 jets, which it is estimated it would take six years to clear, although this could be reduced to four years with cancellations. |
| AIRBUS V BOEING DELIVERIES 2000: Airbus 311, Boeing 4912001: Airbus 325, Boeing 5272002: Airbus 303, Boeing 3812003: Airbus 305, Boeing 2812004: Airbus 320, Boeing 2852005: Airbus 378, Boeing 2902006: Airbus 434, Boeing 3982007: Airbus 453, Boeing 4412008: Airbus 483, Boeing 375 Last year, Airbus sold a net total of 472 single-aisle aircraft and 310 wide-body models, including nine A380 superjumbos. | |
| Boeing's 2008 production was hit by a 58-day machinists' strike. | Boeing's 2008 production was hit by a 58-day machinists' strike. |
| Meanwhile, Airbus has cut its A380 delivery forecast for 2009 to 18 planes. In 2008 it delivered 12 of the aircraft. | Meanwhile, Airbus has cut its A380 delivery forecast for 2009 to 18 planes. In 2008 it delivered 12 of the aircraft. |
| "We all know that 2009 will be a very challenging year for the aeronautics industry," said Airbus chief Tom Enders. | "We all know that 2009 will be a very challenging year for the aeronautics industry," said Airbus chief Tom Enders. |
| "At Airbus we are well prepared and confident." | "At Airbus we are well prepared and confident." |
| Subsidy row | |
| The two aircraft giants are locked in a dispute over claims that they are each receiving commercial aircraft subsidies, with the issue awaiting rulings from the World Trade Organization. | |
| The EU and US have accused each other of providing illegal subsidies to the companies. | |
| Brussels has accused the US of giving Boeing almost $24bn in state aid. | |
| The US has accused Britain, France, Germany and Spain of supporting Airbus' development to the tune of $15bn - which, it argues, has saved Airbus as much as $100bn over the years. |