Since the conclusion of the Paris Air Show much has transpire for the Toulouse-based company. In a recently published info-graphic
by Visual.ly Airbus achieved an advantage because of the number of orders placed and managed to post strong sales for the likes of Boeing.
The info-graphic takes a thorough approach, compares both of the companies metrics separately and provides valuable insight. In 2013, Airbus snatched orders for its top model plane at 466 orders whereas Boeing managed 442 total orders.
The net worth amounted to $68.7 billion for Airbus while Boeing fell short to $66 billion. This is an impressive feat for the French aviation company, but let us remember a couple of historical facts before jumping to conclusions.
The American multinational aerospace and defense corporation, Boeing, was founded in 1916. Airbus didn't come into the picture until 1970 as the visual graphic points out. The American company is still a global aircraft manufacturer contender, has multiple business industry units, and one of the top United States (U.S) Federal Contractors.
Airbus has 59,000 employees vs Boeing has almost triple the staff at 170,00. The french company has come up with a model plane that does present some formidable challenges to the Chicago-based rival. The A380 model plane can have 852 passengers while Boeing's 747 can hold 467 passengers.
In the past five years the A350 has outsold the 787 by a ratio of 3 to 1, according to a CNBC report
. However, Boeing claims to have forced the french company into a corner when it comes to a wide body market model type.
One cannot ignore that this is a duopoly since they are the major manufacturers in the airline industry and juggernauts in the aviation space in their respective markets.
Overall Airbus has managed a successful year of sales, revenue and profits. This will lead to expansion of the company along with adding more staff. It will be worth looking ten years from now to see what sort of innovations both Boeing and Airbus can come up with.