European aircraft manufacturer Airbus believes it may have already lost the race when it comes to the highest number of airplane orders this year, as Guillaume Faury , Airbus Chief Executive Officer, has somewhat already conceded defeat.

While Airbus remains ahead of the United States aircraft manufacturer Boeing in terms of aircraft deliveries and order pipeline, Boeing will likely take the crown, with between January and November, recording net orders after cancellations of 908 aircraft, compared to Airbus' 700, as noted by the manufacturer's CEO to Frances Inter Radio.

Five Years' Worth Of Aircraft Backlog

It's hardly doom and gloom for Airbus, with the manufacturer stating to a French radio station that the backlog of current aircraft will last at least five more ye

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