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Boeing loses its title as world’s top plane maker;

Airbus claims the crown

Boeing Co. lost the title of world’s largest plane maker as the 737 Max grounding sent the company to its biggest defeat in a 45-year duel with Airbus.

Deliveries tumbled to just 380 jetliners last year, Boeing said in a statement Tuesday. That was less than half of Airbus’ tally of 863 planes.

For the first time in at least three decades, Boeing also finished the year with negative net orders by one measure. Its gross sales of 246 jets were surpassed by those taken off the books because of order conversions, cancellations and an accounting adjustment, Bank of America Corp. analyst Ron Epstein said in a report.

Boeing’s epic trouncing underscored the depth of the Max crisis after global regulators halted commercial flights and deliveries of the model in March, following two crashes that killed a total of 346 people. Airbus’ victory was its first since 2011 and 10th since 1974, when the French company’s A300 jetliner made its commercial debut.

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