News Details

Airbus delivered 71 aircraft in October, edges towards 2023 goal

European aircraft giant, Airbus said in its monthly bulletin that it delivered 71 aircraft in October, up 18% from the same month last year.

The October tally, which also accelerated from 55 aircraft in September, brings total deliveries so far this year to 559 units compared with a full-year target of 720.

It is in line with a forecast of 71 aircraft by analysts at Jefferies, which said the higher pace of deliveries had “further de-risked” the 2023 delivery target after Airbus downgraded and eventually abandoned delivery goals last year amid supply woes.

Total Orders187268161809377105625123035
Total Deliveries11430816158237756525115021
Aircraft in Operation10718264146620256523213447

The company needs to deliver 161 aircraft in the last two months of the year to reach its full-year delivery target, fractionally below the performance seen in the closing stages of last year, company data showed on Tuesday.

In the final two months of 2022, Airbus delivered 166 jets.

Orders so far this year have reached 1,399 aircraft or a net total of 1,334 units after cancellations, Airbus said.

Airbus reports nine-month results on Wednesday.

Agency Partners analyst Sash Tusa wrote in a note that the company was not expected to change its full-year delivery target of 720 aircraft despite pressure on supplies of Pratt & Whitney engines.

Popular Post

Instagram post