CA - Airbus: A320neo Family Drives Airplane Orders and Deliveries

2024-05-14 17:20:14 ET

Summary

• Airbus enjoyed a strong April with 57 orders valued at $3.4 billion, driven by orders for the A320neo and A321neo.
• Airbus delivered 61 airplanes in April, showing stability in the supply chain and an increase in deliveries compared to last year.
• The demand for airplanes is currently outpacing supply, and the key to value generation will be the stability and ramp-up ability of the supply chain.

Airbus ( OTCPK:EADSF ) enjoyed a very strong 2023 booking of more than 2,000 airplane orders valued over $163 billion at market value. With Boeing being plagued by continued issues on its key commercial airplane programs, it's interesting to see how customers react. Are we seeing shifts in customer orders or not?...

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