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Airbus delivers record number of jets, target reached

Staff Writer |
Airbus delivered a record number of jetliners last month: The company shipped 111 planes in December to deliver 688 planes last year.

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It had a full-year target of handing over more than 670 jetliners.

The Toulouse, France-based company remained the world's No. 2 plane maker, trailing Boeing Co., which last week reported it delivered 748 planes in 2016.

Both plane makers saw demand for new planes fall. Airbus booked 731 net orders last year, compared with 668 for Boeing. It was the European plane maker's lowest total since 2010, the same as Boeing.

Airbus ended the year with a backlog of 6,874 planes valued at roughly $1 trillion at list price.

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