financetom
Business
financetom
/
Business
/
Airbus output and deliveries fell in January, industry watcher says
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Airbus output and deliveries fell in January, industry watcher says
Feb 5, 2025 9:37 AM

PARIS (Reuters) - Airbus had a relatively slow start to the year in commercial jet production and deliveries after sprinting towards the finish line in December following months of supply chain turbulence, according to data from UK-based Cirium Ascend.

The European planemaker handed over around 22 aircraft in January, global head of consultancy Rob Morris told Reuters, down from 30 a year earlier.

The start of the year can be fluid as analysts try to unpick which aircraft fall in which period, and some sources say the final tally can be slightly higher than observable deliveries.

Airbus faced a shortage of engines in January after striking a deal with engine supplier CFM to bring forward some deliveries for December, industry executives have said.

Airbus also saw a drop in the number of first flights that roughly track underlying production levels.

The planemaker staged maiden flights for 38 A320-family and two A220 jets in January, down from 44 and 5 respectively a year earlier, Morris said.

Airbus delivered 766 jets in 2024, close to a headline target of around 700 deliveries, which had been revised down from 800 in the middle of last year due to parts shortages.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Nauticus Robotics Completes Phase 1 of Contract With Brazil Oil Firm; Shares Rise
Nauticus Robotics Completes Phase 1 of Contract With Brazil Oil Firm; Shares Rise
Jul 18, 2024
01:32 PM EDT, 07/18/2024 (MT Newswires) -- Nauticus Robotics ( KITT ) said Thursday it completed and invoiced phase 1 of its contract with a large offshore oil and gas operator in Brazil during Q2. The company said its autonomous solutions team finalized the engineering and proof-of-concept documentation for the autonomous subsea vehicle Aquanaut Mark 2, specifying the vehicle's capabilities...
Goldman Sachs and Betterment Launch Tax-Smart Bonds Portfolio for Savvy Investors: Details
Goldman Sachs and Betterment Launch Tax-Smart Bonds Portfolio for Savvy Investors: Details
Jul 18, 2024
The Goldman Sachs Group, Inc. ( GS ) shares are trading lower today. Goldman Sachs Asset Management and Betterment jointly introduced the Goldman Sachs ( GS ) Tax-Smart Bonds portfolio. Goldman Sachs ( GS ) has developed a strategy by combining short-duration U.S. Treasury bonds, high-quality corporate bonds, and municipal bond ETFs. Read: Goldman Sachs Targets Asia’s Fast-Growing Economies With New...
Sector Update: Consumer
Sector Update: Consumer
Jul 18, 2024
01:29 PM EDT, 07/18/2024 (MT Newswires) -- Consumer stocks were declining Thursday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) easing 0.1% and the Consumer Discretionary Select Sector SPDR Fund (XLY) shedding 0.2%. In corporate news, Domino's Pizza's (DPZ) Q2 results rose year over year while the pizza restaurant chain temporarily suspended its long-term outlook for global net...
Johnson & Johnson Shares Trade at Fair Value After Q2 Results, 2024 Guidance, Morgan Stanley Says
Johnson & Johnson Shares Trade at Fair Value After Q2 Results, 2024 Guidance, Morgan Stanley Says
Jul 18, 2024
12:28 PM EDT, 07/18/2024 (MT Newswires) -- Johnson & Johnson's ( JNJ ) shares are trading at fair value based on a sum-of-the-parts analysis after Q2 results and 2024 revenue guidance was mostly in line with expectations, Morgan Stanley said Thursday in a report. The growth outlook for each of the company's segments is similar to a peer group average,...
Copyright 2023-2026 - www.financetom.com All Rights Reserved