Airbus Boeing

Increased production fuels growth at Boeing

Airbus Boeing

The Boeing Co. delivered 184 jets in the first quarter, a 14 percent increase compared to 2014, to beat rival Airbus in the competition for new orders.

In the first quarter of 2015, Airbus had a net of 101 new aircraft orders as opposed to 110 for Boeing. However, that comes after Airbus beat Boeing for total new orders for the full-year 2014 with 1,456 net orders compared with Boeing’s 1,432.

Boeing’s first quarter production was led by 121 deliveries of its smallest model, the 737, but the company also managed to crank out 30 of the wide body 787 Dreamliners. The latter figures is an increase from 18 last year.

For the Dayton region, soaring jet orders for Boeing translates into continued jobs at the local manufacturers that supply its parts, and could lead to new business. There are thousands of jobs at dozens of manufacturers in the Dayton region that are tied to the health of both Boeing, as well as Airbus, and the aerospace manufacturing sector is rapidly growing locally.

Boeing reports spending $11.5 billion with suppliers in the Ohio in 2013, up from $9.2 billion in 2012, and many of those are local. While a big chunk of Boeing dollars in Ohio went to GE Aviation for engines, it also buys from a wide variety of smaller companies such as DARE Electronics Inc. in Troy.

Ohio is still the top supplier to Boeing, with California was a distant second at $7.4 billion.

Additionally, Airbus spent more than $6 billion with Ohio companies in 2013 and Ohio has been the top supplier state to Airbus for years. Last summer, Airbus officials came to Kettering for a supplier conference.

Among its long list of clients, UTC Aerospace Systems in Troy supplies both Boeing and Airbus. That includes parts for the 787 and A350, along with many other models for both companies.

UTC Aerospace combined its Landing Gear and Wheels and Brakes units into a Landing Systems division last year and put the headquarters in Troy, where about 700 people are employed.

Last week, UTC Aerospace in Troy was tapped by Qatar Airways to supply the wheels and carbon brakes for its fleet of 43 Airbus A350-900 aircraft.

Source… http://www.bizjournals.com/dayton/news/2015/04/07/increased-production-fuels-growth-at-boeing.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+bizj_dayton+%28Dayton+Business+Journal%29&page=all

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