Airbus Nears Year-End Target: Airbus, a key player in the aerospace industry, faced a marginal decline in its aircraft deliveries for the month of November. According to industry sources, the European aircraft manufacturer delivered 64 aircraft during the month, reflecting a 6% decrease compared to the same period last year. This recent performance brings the total number of aircraft delivered by Airbus in the current year to 623 units.
Official comments from Airbus are yet to be released as the company awaits the publication of its monthly data scheduled for Wednesday. However, if the reported figures hold true, Airbus would need to deliver an additional 97 aircraft in December to achieve its full-year target of 720 deliveries.
This target, while ambitious, is perceived as more achievable than in the previous year when Airbus faced significant challenges related to supply chain disruptions, ultimately leading to the abandonment of its delivery goals. Throughout 2023, Airbus experienced a gradual increase in deliveries, gaining momentum particularly in the summer months.
Analysts closely observe Airbus’s delivery performance, and the current target seems within reach. However, the company will need to navigate potential obstacles, ensuring a smooth execution of its production and delivery processes to meet customer demands and maintain its delivery schedule. The aerospace industry, with its intricate supply chains and global dependencies, remains dynamic, and Airbus’s ability to adapt to evolving challenges will play a crucial role in determining its year-end performance.
Also Read: Cathay Pacific Eyes Airbus A350 Freighters in Fleet Renewal Move
Our Reader’s Queries
What is Airbus future?
Airbus unveiled its vision for the future of aviation, dubbed ZEROe, back in 2020. Since then, a team of dedicated engineers has been hard at work bringing this concept to life. One of the most exciting prospects for powering these aircraft is the use of hydrogen derived from renewable sources. This innovative approach promises to eliminate CO2 emissions both during generation and use, making it a highly sustainable option for the future of air travel.
What are the orders and deliveries for Boeing 2023?
In 2023, the U.S. planemaker had a remarkable year, delivering a total of 528 aircraft and booking 1,314 net new orders (after cancellations). This is a significant increase from the previous year, where they delivered 480 aircraft and booked 774 net new orders. It was also their third-best year yet, showcasing their continued success in the industry.
What is the growth strategy of Airbus?
Airbus is targeting high-potential and growth areas for global expansion, with a particular focus on emerging markets. This includes expanding in Africa, Latin America, and Asia, while also building on their already strong presence in Europe and North America. By strategically targeting these regions, Airbus aims to maximize their growth potential and establish a strong foothold in key markets around the world.
Who is the owner of Airbus?
Airbus Industrie, a consortium of aircraft makers, was the starting point for what is now known as Airbus. In 2001, it transformed into a joint-stock company, with EADS owning 80% and BAE Systems owning 20%. However, BAE Systems sold its share to EADS on October 13, 2006, making EADS the sole owner of Airbus.