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Airbus sales eclipsed by Boeing | Airbus sales eclipsed by Boeing |
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Airbus secured fewer orders for new planes last year than its rival Boeing for the first time since 2000. | |
The troubled planemaker said it won 824 new orders last year, compared to Boeing's total of 1,044. | |
Delays to its flagship A380 plane, which have put the project two years behind schedule, are set to push Airbus to an annual loss for 2006. | |
The boss of EADS, Airbus' parent firm, said the delays were a "major shock and disappointment" to shareholders. | |
Extra charges | |
Delays to the A380 have already cost the firm more than $6bn (£3.3bn) and Airbus said there could additional charges to come. | |
Despite being overtaken in terms of orders, Airbus delivered more aircraft than Boeing last year. | |
It delivered 434 planes to customers, 36 more than its rival. | |
But EADS shares fell 3% in early trading in response to the news. | |
Production problems mean the A380, on which much of Airbus' growth prospects are based, will be delivered two years behind schedule | |
Several leading airlines have warned that they might cancel orders for the giant plane as a result. | |
EADS said "additional A380 charges not originally envisaged" were one factor likely to push Airbus into the red for the past financial year. | |
In addition, it said costs relating to settlements with customers and the reduced value of certain assets were likely to be included on its balance sheet in 2006 rather than next year. | |
Its financial results will not be confirmed until March, although an annual loss is expected. |