Log in
Log in
Or log in with
GoogleGoogle
Twitter Twitter
Facebook Facebook
Apple Apple     
Sign up
Or log in with
GoogleGoogle
Twitter Twitter
Facebook Facebook
Apple Apple     
  1. Homepage
  2. Equities
  3. France
  4. Euronext Paris
  5. Airbus SE
  6. News
  7. Summary
    AIR   NL0000235190

AIRBUS SE

(AIR)
  Report
Real-time Euronext Paris  -  11:35 2022-10-06 am EDT
93.14 EUR   -0.22%
10:27aBrazil's Embraer gets fresh E195-E2 orders from Oman's SalamAir
RE
04:12aAirbus : Commercial aircraft services market to double in value by 2041
PU
03:56aAirbus Expects Commercial Aircraft Services Sector to Achieve $230 Billion Valuation by 2041
MT
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisionsFunds 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Airbus delivered 46 jets in July, books big China order

08/08/2022 | 02:13pm EDT

PARIS, Aug 9 (Reuters) - Airbus on Monday confirmed slower deliveries in July as a supply crunch left semi-finished jets outside its factories without engines, but bolstered its future business with confirmation of a major new order from China.

The European planemaker said it had delivered 46 planes in July, down from 60 in the previous month and 47 in July 2021.

Airbus last month revised down its delivery forecast for the year to 700 aircraft from a previous goal of 720 after gaps in the supply chain left it without enough engines.

Several newly assembled and liveried A320neo jets could be seen parked, with red counterweights instead of engines, outside Airbus headquarters near Toulouse, France, last week.

Airbus produces the bulk of its narrow-body jets in Toulouse and Hamburg, Germany.

July's tally of 46 deliveries confirms a Reuters report last week that Airbus had delivered just over 45 jets.

Jefferies analyst Chloe Lemarie said August looked likely to remain quiet for deliveries based on her monitoring of test flights.

Airbus shares were up 0.75% on Tuesday.

For the first seven months of the year, Airbus handed over 343 jets, or a net total of 341 after deducting two A350 jets built for Aeroflot but impossible to deliver due to sanctions.

Airbus had booked these as deliveries in its 2021 accounts but they were still on the ground in France when the West imposed sanctions on Russia over the war in Ukraine.

The planemaker subsequently revoked the order from Aeroflot for the two jets and on Monday said it had sold two A350s to Turkish Airlines.

It also announced it had cancelled orders from Aeroflot for a further four A350s. Industry sources said these were likely to go to the same Turkish carrier.

Airbus meanwhile booked a major order for almost 300 jets from state airlines in China, announced last month, along with a handful of orders from a quiet Farnborough Airshow.

So far this year, Airbus has sold 843 planes or 656 after adjusting for cancellations.

U.S. rival Boeing Co, which dominated Farnborough headlines as it scrambled to inject momentum into its 737 MAX, whose largest variant faces uncertainty over certification, was due to publish its latest delivery data on Tuesday.

The Airbus order numbers do not yet reflect a decision by the European group to break with Qatar Airways in the latest twist to a bitter contractual and safety dispute.

Reuters exclusively reported last week that Airbus had revoked all outstanding orders from Qatar Airways for A350 jets, severing all remaining new jet business with the Gulf carrier.

The two groups have been waging a rare public battle for months over the degraded exteriors of more than 20 jets that the airline says could disrupt the A350's anti-lightning defences and which Airbus and European regulators insist are safe.

Neither company has so far commented on the wholesale A350 cancellation, which industry sources say will be reflected in future monthly Airbus order bulletins in September or October.

(Reporting by Tim Hepher in Paris; additional reporting by Abhijith Ganapavaram; editing by Matthew Lewis and Jason Neely)


© Reuters 2022
Stocks mentioned in the article
ChangeLast1st jan.
AEROFLOT -0.65% 27.6 End-of-day quote.-53.19%
AIRBUS SE -0.22% 93.14 Real-time Quote.-16.92%
THE BOEING COMPANY 0.07% 132.2 Delayed Quote.-33.68%
TÜRK HAVA YOLLARI ANONIM ORTAKLIGI -0.12% 84.7 End-of-day quote.323.08%
US DOLLAR / RUSSIAN ROUBLE (USD/RUB) 1.25% 60.75 Delayed Quote.-21.25%
All news about AIRBUS SE
10:27aBrazil's Embraer gets fresh E195-E2 orders from Oman's SalamAir
RE
04:12aAirbus : Commercial aircraft services market to double in value by 2041
PU
03:56aAirbus Expects Commercial Aircraft Services Sector to Achieve $230 Billion Valuation by..
MT
03:22aAirbus: aircraft services market to recover to pre-pandemic level by end-2023
RE
10/05Airbus Ventures Leads Latest Funding Round of US-based Qunnect
MT
10/05Aercap Holdings Signs Retention, Lease Extension Agreements With SAS AB for Airbus A320..
MT
10/05Qunnect raises $8 mln in funding round led by Airbus Ventures
RE
10/04Airbus' September Jet Deliveries Takes YTD Total to 437 vs FY Target of 700
MT
10/04Aercap CEO says jetmakers will at best reach 90% of output goals
RE
10/01Nigeria would consider China's C919 plane for new airline
RE
More news
Analyst Recommendations on AIRBUS SE
More recommendations
Financials
Sales 2022 59 161 M 58 144 M 58 144 M
Net income 2022 3 913 M 3 846 M 3 846 M
Net cash 2022 7 555 M 7 425 M 7 425 M
P/E ratio 2022 18,5x
Yield 2022 1,93%
Capitalization 73 347 M 72 085 M 72 085 M
EV / Sales 2022 1,11x
EV / Sales 2023 0,90x
Nbr of Employees 128 873
Free-Float 74,0%
Chart AIRBUS SE
Duration : Period :
Airbus SE Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends AIRBUS SE
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 18
Last Close Price 93,14 €
Average target price 143,75 €
Spread / Average Target 54,3%
EPS Revisions
Managers and Directors
Guillaume Faury Chief Executive Officer & Director
Dominik Asam Chief Financial Officer
René Richard Obermann Chairman
Sabine Klauke Chief Technical Officer
Alberto Jose Gutierrez Moreno Chief Operating Officer
Sector and Competitors
1st jan.Capi. (M$)
AIRBUS SE-16.92%72 476
THE BOEING COMPANY-33.68%78 448
TEXTRON INC.-17.63%13 394
DASSAULT AVIATION29.79%10 115
AVICOPTER PLC-50.57%3 289
AVICHINA INDUSTRY & TECHNOLOGY COMPANY LIMITED-40.82%3 134