OEMs on the path to recovery as aircraft production and ordering rebuild

2022 has evolved into a better year for the major commercial aircraft manufacturers.

Orders and deliveries at Airbus and Boeing have rebuilt to something approaching normal levels, after the OEMs suffered through the drop-off in ordering, the backlog erosion and production curtailment that were experienced through 2020 and 2021.

Airbus is now in a position where it is close to returning to pre-pandemic levels of activity, with production building steadily - if not as rapidly as hoped - and ordering returning to the levels that were normal in the years immediately preceding the onset of COVID-19.

Boeing has more ground to make up, in no small part due to a number of issues of its own making and unrelated to the pandemic. However, the US manufacturer is now stabilising its operations and is charting out a route back towards normality.