Airbus SE delivers 58 jets in November, receives order boost

Airbus SE said in a monthly bulletin that it had delivered 58 jets in November, sending shares' prices as much as 8.17% higher thus far this week

by Sourav D
Airbus SE delivers 58 jets in November, receives order boost

Airbus SE, the Leiden, Netherlands-headquartered European flagship aircraft manufacturer which had snatched up global aviation industry crown from Boeing Co back in the 2019s following a mass-scale grounding of the US-based low-cost carrier maker’s best-selling 737 MAX, had unenveloped in a monthly report on Tuesday that the planemaker, which has been the centrepiece of a airline subsidy dispute between EU and the US, would still need to deliver 82 jets in December to reach an 2021 target to deliver 600 aircrafts.

Apart from that, Airbus SE report also had unmasked earlier in the day that the world’s No 1 planemaker had delivered 58 aircrafts in November, while the aviation industry tycoon had received as many as 318 new orders during a busy Dubai Airshow last month.

Though, the planemaker had been hit with a cancellation of 75 jets including 28 A320neos for Mexico’s Interjet which still remains as one of the biggest aviation industry casualties during pandemic-led international travel ban.

Interjet also has been in a debt-restructure talk over recent weeks.

Airbus delivers 518 jets so far this year

According to the Leiden-based European aerospace company’s monthly bulletin, Airbus SE had delivered a total of 518 jets over first eleven months of fiscal 2021 through November, while the planemaker had sold off 610 aircrafts that summed up the tally to a net total of 368 on an adjusted basis including calculations.

Although, Airbus SE’s November deliveries had been better-than-anticipated according to a swathe of industry analysts, the world’s largest planemaker appeared to have lost speed over third- and fourth-quarter amid a sheer lag of raw materials alongside a global-scale supply chain problem.

Nonetheless, volume of year-end deliveries seemingly had surged, as the aerospace industry giant had delivered 21 aircrafts over first week of November compared to 15 aircrafts delivered on the last week of October.