Airbus confirms Q1 deliveries drop
Airbus confirmed Tuesday a drop in aircraft deliveries in the first quarter of the year.
The world’s largest aircraft maker said it delivered 127 planes in the quarter, down 11% from 142 in the same period last year.
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Industry sources said on Friday deliveries fell short of an informal target in the high 130s, paving the way for a 12-week sprint to steady the trajectory by mid-year, when the company is expected to either confirm or review an annual target of 720 airplanes, Reuters reported.
Airbus meanwhile sold 20 airplanes in March to bring the gross total for the year to 156 airplanes or a net total of 142 units after cancellations.
Orders included a previously announced order for 15 A350s by Lufthansa and four A350 freighters for which the buyer’s name was withheld.
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