European planemaker Airbus beat Boeing in the race for new business last year, swelling its total order book to a record $1 trillion. But as Grace Pascoe reports it remains behind on deliveries as Boeing extends its lead as the world's largest jetmaker.
Airbus sales swell in 2015. Bumping Boeing into second place in the race for new business. Airbus CEO Fabrice Bregier. (SOUNDBITE) (English) AIRBUS CEO, FABRICE BREGIER, SAYING: "We have got 1,036 net orders, so we have got more than 4,000 net orders for the last three years, and the backlog has increased again by 400 units to 6,787 aircraft which is a new industry record and which at list price has a value of 1 trillion U.S. dollars." The European planemaker lagged behind on delivering aircraft on time, despite making a record 635 this year . That allowed Boeing to extend its lead as the world's largest jetmaker. Airbus dropped to its lowest overall share of deliveries against Boeing - 45 percent - since 2002. Net orders were down for both Citing low oil prices and economic jitters. (SOUNDBITE) (English) AIRBUS CEO, FABRICE BREGIER, SAYING: "There is volatility in the fuel price, they don't expect that the barrel will remain around 35 or 40 dollars forever, and so they are preparing for the new generation." In November it's new aircraft the A320neo was given the all clear to take the skies commercially. And over 4,400 firm orders have already been placed.