Airbus Orders Recover, Deliveries Still Down

May 10, 2016

Airbus won 117 orders between January and April, for a net total of 92 after adjusting for cancellations and conversions between different models.

The European plane maker, which has been hit by engine problems on the A320neo and cabin equipment delays on the A350, delivered a total of 177 planes between January and April, down from 196 a year earlier.

Airbus's deliveries so far this year include six A320neos, fewer than expected as it starts a tight, two-year model switch on its main production line. It also delivered six A350s.

Airbus aims to deliver more than 50 A350s in 2016, leaving what some industry observers describe as a steep target for the second half of the year.

Deliveries of A320neo have been hit by technical problems with engines from Pratt & Whitney, leaving semi-finished aircraft at European factories and draining cash.

(Reuters)