Boeing and Airbus Prioritize Existing Orders Over New‑Gen Aircraft
At the Farnborough International Airshow in the United Kingdom, the CEOs of Boeing and Airbus said that delivering aircraft already on order remains the top priority for both manufacturers. Boeing chief executive Kelly Ortberg explained that the company needs “a few more years” to restore its financial position, mature the technology and wait for market readiness before it can launch a new narrow‑body program. He added that airline customers are pressing Boeing to improve reliability and production rates rather than to rush a new model.
Airbus chief executive Guillaume Faury outlined a timeline for the next generation of the A320 family, targeting the start of the development programme around 2030 with entry into service in the second half of the decade. While the two firms have different schedules, both acknowledge the long‑term nature of aerospace development and the importance of stabilising current production.
The statements underscore that neither company expects to introduce a new narrow‑body aircraft before the end of the 2020s, as they focus on rebuilding confidence with airline customers and addressing the sizable backlog of deliveries.
Entities: Airbus · Boeing · Farnborough International Airshow · Guillaume Faury · Kelly Ortberg