Airbus Group N.V. deliveries rise 2.7 percent in first half of 2014

Nathan Andrada – Fourth Estate Cooperative Contributor

Paris, France (4E) – Aircraft deliveries for Airbus Group N.V. for the first six months of the year climbed 2.7 percent from the year-earlier period.

The company handed 303 planes between January and June, and said it expects this year’s figures will remain the same as in 2013, when it delivered over 626 jets. Rival plane maker Boeing said on Thursday that it delivered 342 jets in the first half of 2014, as the Chicago-based company tries to keep its title of world’s biggest airplane maker.

Taking into account June’s orders, cancellations and conversions, Airbus’s net bookings for this year had reached 290 aircraft, the Toulouse-based manufacturer said.

Airbus added 209 A320 commitments in June, but cancellations increased following Emirates Airline voided a contract for 70 A350 long-range jets worth over $21bn at current list prices. In the first half of 2013, Airbus recorded 225 order cancellations.

Both Airbus and Boeing have benefited from strong orders from U.S. and European carriers as they look to buy more fuel-efficient jets, while airlines based in growth markets are purchasing aircraft to expand their fleet.

Article © AHN – All Rights Reserved
About the Author

Leave a Reply