Airbus Sees Big Q1 Order Increase
Air Transport

Airbus Sees Big Q1 Order Increase

Industry giant sees positive start to 2019

TLME News Service

Airbus delivered 162 commercial aircraft during Q1, 2019, resembling a 33.8% increase year-on-year.

The commercial jet deliveries during the quarter comprised 8 A220s, 126 A320 Family, 5 A330s, 22 A350s and 1 A380.

CEO of Airbus, Guillaume Faury, said: “The first quarter underlying financials mainly reflect our commercial aircraft ramp-up and delivery phasing.

“The commercial aircraft market remains robust and we continue to see good prospects in the helicopters and defence and space businesses.

“The new management team is in place and focused on delivering on our commitments.”

Gross commercial aircraft orders totalled 62 (Q1 2018: 68 aircraft) and included 38 A350 XWBs.

Net commercial aircraft orders of -58 (Q1 2018: 45 aircraft) after 120 cancellations mainly reflect the winding down of the A380 programme and the commercial agreement with Etihad as communicated in the Full-Year 2018 disclosure.

Read more: Emirates to Begin Airbus Service to Riyadh

Transport and Logistics ME