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Latest deliveries leave Airbus within reach of target

Published 05/12/2023, 07:48
Updated 05/12/2023, 19:36
© Reuters. FILE PHOTO: An Airbus A321 XLR aircraft during a flying display at the 54th International Paris Airshow at Le Bourget Airport near Paris, France, June 20, 2023. REUTERS/Benoit Tessier/File Photo
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PARIS (Reuters) -Airbus delivered 64 aircraft in November, down 6% from the same month of 2022, to bring the total so far this year to 623 units, the planemaker confirmed on Tuesday.

The tally leaves Airbus needing what several analysts say is a relatively achievable 97 deliveries in December to reach its full-year target of 720 deliveries.

That compares with an average of 93 December deliveries for the past three years or a December average of 131 units in the three years before the pandemic, when supply chains were running more smoothly.

Airbus brought its monthly operational bulletin forward by a day after Reuters earlier reported the delivery numbers.

Analysts have said Airbus' full-year delivery target is looking increasingly manageable after it missed and eventually abandoned such a goal amid supply problems last year, though CEO Guillaume Faury last week said supply chains remain challenging.

Airbus said it had won 1,512 orders so far this year or a net total of 1,395 after cancellations.

© Reuters. FILE PHOTO: An Airbus A321 XLR aircraft during a flying display at the 54th International Paris Airshow at Le Bourget Airport near Paris, France, June 20, 2023. REUTERS/Benoit Tessier/File Photo

November's net orders included previously announced new business at the Dubai Airshow and from SMBC Aviation Capital, and reflected an A230neo cancellation from Kuwaiti lessor Alafaco, announced to the Kuwait stock exchange last month.

November's data also included the reshuffling of a handful of plane orders between airline group IAG and two of its subsidiaries, British Airways (LON:ICAG) and Aer Lingus.

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