Selloff or Market Correction? Either Way, Here's What to Do NextSee Overvalued Stocks

Airbus Jan-April deliveries fall 5%, regains lead over Boeing

Published 05/09/2023, 01:17 PM
Updated 05/09/2023, 01:23 PM
© Reuters. FILE PHOTO: The logo of Airbus is seen on a building in Toulouse, France, March 11, 2021. REUTERS/Stephane Mahe
BA
-

PARIS (Reuters) - Airbus delivered 54 airplanes in April, bringing its total for the year to 181, down 5% from the same period a year ago but enough to re-establish an industrial lead over U.S. rival Boeing (NYSE:BA), company data showed on Tuesday.

The world's largest planemaker also sold five planes in April, all of them to undisclosed companies or private customers. That brought new orders so far this year to 161 planes, or a net total of 144 after cancellations.

Boeing, which had pulled ahead of Airbus on deliveries amid supply snags in the first quarter, said earlier it had delivered 156 planes and won 154 gross orders in the first four months.

Boeing's net orders after cancellations and conversions, which are comparable to Airbus net orders, stood at 69 aircraft so far this year.

Airbus monthly data revealed three new cancellations for A320neo jets ordered by Colombia's embattled Viva Air, which is being absorbed by Avianca, the Andean country's flag carrier.

Viva has struggled financially in the wake of the COVID-19 pandemic and seen its situation worsen due to higher fuel prices in 2022 and the depreciation of Colombia's peso.

© Reuters. FILE PHOTO: The logo of Airbus is seen on a building in Toulouse, France, March 11, 2021. REUTERS/Stephane Mahe

Airbus declined detailed comment on its order book. Avianca was not immediately available.

Airbus is aiming for 720 deliveries this year, having originally targeted that level in 2022 before lowering the goal to 700 then dropping it altogether due to supply chain problems.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.