Airbus and Boeing orders sag as airlines sit, Bloomberg reports

Bloomberg analysts George Ferguson and Francois Duflot have said that the book-to-bill ratios have been well below 1x for Airbus and Boeing in 2019, as originally expected. The analysts have warned that this is likely to continue. Ferguson and Duflot went onto suggest that the Max grounding has probably taken some steam out of Boeing’s marketing efforts, but also said that Airbus isn’t gaining share. With failing airlines such as Jet Airways, AirBerlin, Primera, Avianca and WoW, it has been suggested that this would be the reason as to why there has been a reduction in demand for new aircraft.