Airbus records more orders than Boeing after Farnborough

Airbus reports it has overtaken Boeing in unadjusted aircraft orders for 2014 after last month’s Farnborough Airshow, but continues to lag its US rival when taking into account cancellations.Airbus won 980 aircraft orders between January and July, and 705 net orders; exceeding its net order target for the year.Airbus also reported its total orders at Farnborough marked its best ever performance at the airshow.Boeing reported 837 gross orders and 783 net sales after cancellations between January 1st and July 29th.Airbus switched to a net order target for the year with its first-half results published last week, stating that net orders