AVN 64.76 No Change ▼ 0.00 (0%)
BAFL 31.49 Increased By ▲ 0.31 (0.99%)
BOP 4.79 Decreased By ▼ -0.03 (-0.62%)
CNERGY 3.85 No Change ▼ 0.00 (0%)
DFML 14.48 Increased By ▲ 0.48 (3.43%)
DGKC 41.65 No Change ▼ 0.00 (0%)
EPCL 46.81 Increased By ▲ 0.51 (1.1%)
FCCL 11.33 Decreased By ▼ -0.07 (-0.61%)
FFL 5.06 No Change ▼ 0.00 (0%)
FLYNG 5.82 Increased By ▲ 0.02 (0.34%)
GGL 10.46 Increased By ▲ 0.55 (5.55%)
HUBC 65.54 Increased By ▲ 1.34 (2.09%)
HUMNL 5.61 No Change ▼ 0.00 (0%)
KAPCO 27.73 Decreased By ▼ -0.09 (-0.32%)
KEL 2.16 Increased By ▲ 0.01 (0.47%)
LOTCHEM 24.40 Decreased By ▼ -0.10 (-0.41%)
MLCF 21.51 Decreased By ▼ -0.34 (-1.56%)
NETSOL 84.61 Increased By ▲ 0.31 (0.37%)
OGDC 87.02 Decreased By ▼ -0.09 (-0.1%)
PAEL 11.00 Increased By ▲ 0.05 (0.46%)
PIBTL 4.19 Decreased By ▼ -0.04 (-0.95%)
PPL 75.35 Decreased By ▼ -1.43 (-1.86%)
PRL 13.60 Decreased By ▼ -0.13 (-0.95%)
SILK 0.89 Decreased By ▼ -0.03 (-3.26%)
SNGP 41.27 Decreased By ▼ -0.33 (-0.79%)
TELE 5.84 Decreased By ▼ -0.11 (-1.85%)
TPLP 15.62 Increased By ▲ 0.01 (0.06%)
TRG 111.84 Increased By ▲ 0.59 (0.53%)
UNITY 13.97 Increased By ▲ 0.13 (0.94%)
WTL 1.17 Increased By ▲ 0.03 (2.63%)
BR100 4,064 Increased By 18.2 (0.45%)
BR30 14,468 Increased By 34.8 (0.24%)
KSE100 40,734 Increased By 113.6 (0.28%)
KSE30 15,230 Increased By 59.4 (0.39%)
Follow us

PARIS: 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.

China OKs jointly built civil helicopter but no nod yet for Airbus’ version

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.


Comments are closed.

Airbus delivered 46 jets in July, books big China order

PM Shehbaz invites Imran Khan to all parties conference

Dar gives go-ahead to Saylani, other charities to help raise $2bn from overseas Pakistanis

New historic low: rupee settles at 271.36 against US dollar

Country can excel at nuclear power generation: PM Shehbaz

Pakistan expects 'sincere cooperation' from Afghan interim govt to address terrorism: FO

US transfers Pakistani Guantanamo Bay detainee to Belize

At least 17 killed as oil tanker collides with passenger coach near Kohat tunnel

Pakistan’s textile exports significantly decline in January: APTMA

Murad Saeed announces protest against rising terrorism in KP

Local court sends Sheikh Rashid on two-day physical remand