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Airbus wins December deliveries some breathing room after busy November

Reuters  |  PARIS 

(Reuters) - has left itself a slightly less challenging task on deliveries for the final weeks of the year than 2017's record surge in December, but only after trimming the target with its most recent results, company data showed on Friday.

said it had delivered 673 up to the end of November, leaving 109 still to be delivered in December in order to reach a core target of 782 deliveries - excluding the recently acquired CSeries, now selling as the A220.

in October said it maintained a target of 800 deliveries for 2018, but that these would now include 18 A220 models previously been excluded from the goal - a move equivalent to cutting the core Airbus target by 2 percent to 782

Had it not done so, it would have had to repeat last year's record feat of 127 deliveries in December, after taking into account a 20 percent rise in deliveries last month.

Airbus recently took formal control of the former A220 after buying it to bolster its lineup of larger jets and thwart a possible sale of the project to China, a future

Still, it has been struggling to keep its own deliveries on track this year due to a combination of engine delays and industrial problems.

Most industry sources have estimated it will hit the recently softened target, but with a razor-thin margin for error.

November saw an acceleration of deliveries to airlines linked to China's debt-laden HNA Group, including five for airlines, directly or via leasing firms.

last month reported Airbus was set to resume stalled deliveries of jets to

November also saw the first delivery of the upgraded A330neo long-range range model to TAP

Further A330neo deliveries have been slowed by snags at and Airbus's said last month those delays should be re-absorbed by end-2019.

took two A380 deliveries in November.

On the order front, Airbus sold 40 planes commercially plus three internally for conversion to air tankers.

Its January-November tally of 439 gross orders - or 380 after cancellations - leaves it well behind rival Boeing Co's totals of 821 gross and 642 net orders up to the end of October, the latest period for which figures are available.

Earlier on Friday, leasing firm firmed up an order for 100 A320-family aircraft that will appear in the year-end order count, due to be released in mid-January.

(Reporting by Tim Hepher, editing by G Crosse)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Sat, December 08 2018. 06:06 IST
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