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Airbus, Boeing Expect 61% Drop in ’06 Orders

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From Bloomberg News

Europe’s Airbus and Boeing Co. may experience a drop of as much as a 61% in new orders this year as a rush by airlines to obtain delivery dates subsides.

New contracts in 2006 may amount to a more “normal” 800 aircraft, said John Leahy, Airbus’ chief commercial officer.

Airbus’ orders almost tripled in 2005 to 1,055 airliners. Chicago-based Boeing orders more than tripled to 1,002 planes.

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