• Home
  • Politics
  • Health
  • World
  • Business
  • Finance
  • Tech
  • More
    • Sports
    • Entertainment
    • Lifestyle
What's Hot

Short and Funny Sayings for a Happy Summer with Friends

May 9, 2025

Trump Announces First Post-Tariff Trade Deal

May 8, 2025

100 Funny Father’s Day Quotes for Hilariously Relatable Humor (and Plenty of Love Too)

May 8, 2025
Facebook Twitter Instagram
  • Contact
  • Privacy Policy
  • Terms & Conditions
Friday, May 9
Patriot Now NewsPatriot Now News
  • Home
  • Politics

    Security video shows brazen sexual assault of California woman by homeless man

    October 24, 2023

    Woman makes disturbing discovery after her boyfriend chases away home intruder who stabbed him

    October 24, 2023

    Poll finds Americans overwhelmingly support Israel’s war on Hamas, but younger Americans defend Hamas

    October 24, 2023

    Off-duty pilot charged with 83 counts of attempted murder after allegedly trying to shut off engines midflight on Alaska Airlines

    October 23, 2023

    Leaked audio of Shelia Jackson Lee abusively cursing staffer

    October 22, 2023
  • Health

    Disparities In Cataract Care Are A Sorry Sight

    October 16, 2023

    Vaccine Stocks—Including Pfizer, Moderna, BioNTech And Novavax—Slide Amid Plummeting Demand

    October 16, 2023

    Long-term steroid use should be a last resort

    October 16, 2023

    Rite Aid Files For Bankruptcy With More ‘Underperforming Stores’ To Close

    October 16, 2023

    Who’s Still Dying From Complications Related To Covid-19?

    October 16, 2023
  • World

    New York Democrat Dan Goldman Accuses ‘Conservatives in the South’ of Holding Rallies with ‘Swastikas’

    October 13, 2023

    IDF Ret. Major General Describes Rushing to Save Son, Granddaughter During Hamas Invasion

    October 13, 2023

    Black Lives Matter Group Deletes Tweet Showing Support for Hamas 

    October 13, 2023

    AOC Denounces NYC Rally Cheering Hamas Terrorism: ‘Unacceptable’

    October 13, 2023

    L.A. Prosecutors Call Out Soros-Backed Gascón for Silence on Israel

    October 13, 2023
  • Business

    Trump Announces First Post-Tariff Trade Deal

    May 8, 2025

    Electric Vehicle Sales Nosedive As GOP Takes Buzzsaw To Biden’s Mandate

    May 7, 2025

    Tyson Foods Announces It Will Bend The Knee To Trump Admin’s New Rules

    May 7, 2025

    Federal Reserve Holds Interest Rates Steady Despite Pressure From Trump

    May 7, 2025

    ‘Wait Them Out’: John Kennedy Tells Larry Kudlow One Lie He Suspects China’s Telling US

    May 7, 2025
  • Finance

    Ending China’s De Minimis Exception Brings 3 Benefits for Americans

    April 17, 2025

    The Trump Tariff Shock Should Push Indonesia to Reform Its Economy

    April 17, 2025

    Tariff Talks an Opportunity to Reinvigorate the Japan-US Alliance

    April 17, 2025

    How China’s Companies Are Responding to the US Trade War

    April 16, 2025

    The US Flip-flop Over H20 Chip Restrictions 

    April 16, 2025
  • Tech

    Cruz Confronts Zuckerberg on Pointless Warning for Child Porn Searches

    February 2, 2024

    FTX Abandons Plans to Relaunch Crypto Exchange, Commits to Full Repayment of Customers and Creditors

    February 2, 2024

    Elon Musk Proposes Tesla Reincorporates in Texas After Delaware Judge Voids Pay Package

    February 2, 2024

    Tesla’s Elon Musk Tops Disney’s Bob Iger as Most Overrated Chief Executive

    February 2, 2024

    Mark Zuckerberg’s Wealth Grew $84 Billion in 2023 as Pedophiles Target Children on Facebook, Instagram

    February 2, 2024
  • More
    • Sports
    • Entertainment
    • Lifestyle
Patriot Now NewsPatriot Now News
Home»Business»Airbus deliveries fell to 127 jets in Q1, sources say
Business

Airbus deliveries fell to 127 jets in Q1, sources say

April 8, 2023No Comments3 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email

PARIS, April 7 (Reuters) – Airbus (AIR.PA) deliveries fell by 11% on an industrial basis to 127 jets in the first quarter, underscoring the pressure on global supply chains and paving the way for a 12-week sprint to steady the trajectory by mid-year, industry sources said.

Deliveries were down 11% from 142 physical deliveries in the same period last year, or down 9% compared with an adjusted year-ago total of 140. Airbus last year clawed back two deliveries to reflect Western sanctions on Russia.

Airbus delivered 11 wide-body jets including 5 A350s in the first quarter of 2023, 10 small A220 jets and 106 of its best-selling A320neo-family aircraft, the sources said.

Airbus declined comment ahead of a release due on April 11, when rival Boeing (BA.N) is also scheduled to report deliveries.

After starting the year with a one-third drop in deliveries in January, Airbus reduced the cumulative year-on-year deficit to 11% in March from 16% the month before.

But hopes of achieving deliveries in the high 130s in the first quarter were hit by continuing industrial and supply chain problems that have most recently spread to premium wide-body cabins, the sources said, speaking on condition of anonymity.

The quarterly drop was led by the long-haul A350, down to 5 aircraft from an unadjusted total of 16 a year earlier.

MID-YEAR DEADLINE

Deliveries set the tone for profits and cashflow since airlines and lessors pay most of the price on delivery.

Airbus Chief Executive Guillaume Faury moved to bolster medium-term output targets and deepen access to a key market by announcing a new assembly line in China on Thursday.

See also  EXCLUSIVE: GOP Lawmaker Urges Biden Admin To Investigate CCP-Tied Firm Building Near Sensitive US Military Sites

The company has also strengthened a “watchtower” system aimed at monitoring lower tiers of the supply chain.

But the shortfall in the first quarter keeps Airbus under pressure to speed deliveries in the current quarter, or at least regain enough visibility to either confirm or review an annual goal of 720 deliveries by mid-year.

The company was forced to lower its delivery target last year before eventually abandoning it as supply woes swamped its forecasts.

Sources say Faury, who has called 2023 make-or-break after last year’s downgrades, is determined to avoid flying blind into the second half, meaning the half-year performance may be decisive for delivery goals and operational planning.

Even so, Airbus and Boeing are both ramping up output to meet rising global demand. Faury said in China on Thursday that the new line there would leave valuable new “surge” capacity.

Reporting by Tim Hepher; editing by Jason Neely, Robert Birsel, Kirsten Donovan

: .

Airbus deliveries fell Jets sources
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Trump Announces First Post-Tariff Trade Deal

May 8, 2025

Electric Vehicle Sales Nosedive As GOP Takes Buzzsaw To Biden’s Mandate

May 7, 2025

Tyson Foods Announces It Will Bend The Knee To Trump Admin’s New Rules

May 7, 2025

Federal Reserve Holds Interest Rates Steady Despite Pressure From Trump

May 7, 2025
Add A Comment

Leave A Reply Cancel Reply

Top Posts

Over 75,000 Healthcare Workers Could Strike On Wednesday—Here’s What Patients Need To Know

October 3, 2023

FACT CHECK: Is Donald Trump Facing The Death Penalty As A Result Of His Latest Indictment?

August 8, 2023

The five biggest things that confuse Americans about retirement

August 6, 2023

Mortgage Company Whose Bumbling CEO Laid Off 900 Before Christmas Loses 93% in First Day of Trading

August 27, 2023
Don't Miss

Short and Funny Sayings for a Happy Summer with Friends

Lifestyle May 9, 2025

I love the beach. Just looking at the calming sea to relax. Having fun in…

Trump Announces First Post-Tariff Trade Deal

May 8, 2025

100 Funny Father’s Day Quotes for Hilariously Relatable Humor (and Plenty of Love Too)

May 8, 2025

Top 10 Benefits Of Acupuncture

May 8, 2025
About
About

This is your World, Tech, Health, Entertainment and Sports website. We provide the latest breaking news straight from the News industry.

We're social. Connect with us:

Facebook Twitter Instagram Pinterest
Categories
  • Business (4,110)
  • Entertainment (4,220)
  • Finance (3,202)
  • Health (1,938)
  • Lifestyle (1,627)
  • Politics (3,084)
  • Sports (4,036)
  • Tech (2,006)
  • Uncategorized (4)
  • World (3,944)
Our Picks

What To Know About Opill —The Birth Control Pill FDA Advisors Support Making Available Over-The-Counter

May 14, 2023

Stocks making biggest moves midday: Nvidia, Carvana, Disney, Amazon

July 13, 2023

‘Celebration Of Collective Power’: DoD Contractor Pushes ‘Climate Action’ With Org That Seeks To Defund US Military

November 20, 2024
Popular Posts

Short and Funny Sayings for a Happy Summer with Friends

May 9, 2025

Trump Announces First Post-Tariff Trade Deal

May 8, 2025

100 Funny Father’s Day Quotes for Hilariously Relatable Humor (and Plenty of Love Too)

May 8, 2025
© 2025 Patriotnownews.com - All rights reserved.
  • Contact
  • Privacy Policy
  • Terms & Conditions

Type above and press Enter to search. Press Esc to cancel.