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EADSY Airbus SE (PK)

36.31
0.00 (0.00%)
15 Jul 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Airbus SE (PK) USOTC:EADSY OTCMarkets Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.00 0.00% 36.31 36.08 36.53 36.465 36.15 36.35 1,786,092 21:36:21

Airbus Beats Plane Delivery Target -- Update

11/01/2024 5:39pm

Dow Jones News


Airbus (PK) (USOTC:EADSY)
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By Mauro Orru

 

Airbus delivered 735 commercial aircraft to customers last year, above the 720 target the company had set itself, thanks to strong orders for both narrow- and wide-body planes from airlines scrambling to meet air-travel demand.

The European plane maker said Thursday that it delivered 68 of its A220 planes and 571 A320s, both narrow-body aircraft types, in 2023. For its wide-body models, Airbus delivered 32 A330s, and 64 A350s.

Airbus had shipped 623 planes through November, meaning it delivered the remaining 112 in December alone. The company had originally hoped to achieve 720 deliveries in 2022 but was forced to shelve that goal due to supply-chain woes.

In the end, it handed 661 planes to customers that year, short of a downgraded target of around 700. The aviation industry has been grappling for months with supply-chain challenges that have made it harder to procure some spare parts and raw materials.

 

Write to Mauro Orru at mauro.orru@wsj.com

 

(END) Dow Jones Newswires

January 11, 2024 12:24 ET (17:24 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

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