Airbus retains jetmaker top spot over Boeing

STORY: Airbus kept its crown as the world's largest planemaker for the fourth year in a row.

Its deliveries rose 8% last year despite supply chain issues.

The France-based company said it had delivered 663 jets.

It also won 1,078 jet orders during the year - or a net total of 820 allowing for cancellations.

Airbus dropped an earlier higher target of 'around 700' deliveries for the year due to supply chain problems.

Chief Executive Guillaume Faury blamed the shortfall on what he called a 'complex operating environment'.

But he said Airbus would continue to ramp up production, while warning supply chain issues would still hurt this year.

Demand for new aircraft has recovered as travellers book more short-haul flights as health crisis restrictions ease.

Last year was the first time since 2017 that Airbus and chief rival Boeing sold a combined total of more than 2,000 planes - before allowing for cancellations.

Boeing did not fare as well as Airbus.

The U.S. firm is still recovering from the safety crisis over its 737 MAX and felt industrial issues on its 787.

It posted deliveries of 480 planes.