Airbus Keeps Its Slight Edge Over Boeing in Aircraft Orders

The two Western rival aircraft manufacturers, Boeing and Airbus marked a drop in net orders in 2016, while Airbus retained its order lead against Boeing, held since 2012.

Airbus Group SE booked 320 jetliner orders in December alone to rack up 731 sales for the year, extending its backlog and beating Boeing Co.

He added that the contract for purchase of the planes was signed by Iran Air and Airbus on the OFAC license and global law and 'we try to deliver the purchased planes to Iran Air based on the contract; this year, a number of the planes will be delivered to the company'.

Boeing says it delivered 748 planes in 2016 and took in 668 net orders.

So its commercial aircraft deliveries were up for the 14th year in a row, setting a new company record of 688 aircraft delivered to 82 customers, comfortably surpassing the 635 from 2015.

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Aircraft order cancellations nearly doubled in 2016, to 398 aircraft compared to 220 in 2015. The deliveries included a record 137 Dreamliners brought to customers, although orders for the twin-aisle plane have slumped in recent years.

Fabrice Bregier, CEO of Airbus commercial planes, said the first half was "unusually difficult" but the company is now focusing on ramping up deliveries.

IranAir Chairman Farhad Parvaresh said the new planes will allow the airline to upgrade its aging fleet "step by step" over the coming years. "Airbus will continue to act in full compliance with the conditions of the US government Office of Foreign Assets Control (OFAC) licences", it said in a statement.

Airbus Group, the planemaker's parent company, releases annual financial results February 22.

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