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Airbus increases deliveries as travel revives in US, China

Airbus increases deliveries as travel revives in US, China
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Airbus increases deliveries as travel revives in US, China

Airbus increases deliveries as travel revives in US, China
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Airbus increases deliveries as travel revives in US, China

Airbus increases deliveries as travel revives in US, China
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Airbus deliveries surge in March due to rebound in air travel in US and China

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A rebound in air travel in China and the US helped to drive a surge in March deliveries for Airbus, sending the manufacturer’s shares higher. Airbus reported slightly higher deliveries for the first quarter and posted 39 gross orders, including a new deal for 20 A220s to an unidentified buyer.
However, the company s net orders - which are adjusted for cancellations - remained in negative territory for the first quarter, with a total of minus 61 net orders dominated by a Norwegian cancellation unveiled in the previous month.
The brisk pace of deliveries confirms a report that the world s largest planemaker was poised to match or even eclipse the 122 deliveries seen in the first quarter of last year after a surge in March. ....

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Airbus deliveries surge in March, sending shares higher

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PARIS (Reuters) - A rebound in air travel in China and the United States helped to drive a surge in March deliveries for Airbus, sending the planemaker’s shares higher. Airbus reported slightly higher deliveries for the first quarter and posted 39 gross orders, including a new deal for 20 A220s to an unidentified buyer.
FILE PHOTO: The Airbus logo pictured at the company s headquarters in Blagnac near Toulouse, France, March 20, 2019. REUTERS/Regis Duvignau/File Photo
But the company’s net orders - which are adjusted for cancellations - remained in negative territory for the first quarter, with a total of minus 61 net orders dominated by a Norwegian cancellation unveiled in the previous month. ....

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