Historical Stock Chart
2 Months : From Sep 2019 to Nov 2019
By Olivia Bugault
Airbus SE (AIR.FR) delivered a total 71 aircraft in September, far outstripping its U.S. rival Boeing Co. (BA), which delivered only 26 planes. To achieve its guidance of delivering between 880 to 890 jets in 2019, the European plane maker still needs to ship more than 300 planes in the fourth quarter. Airbus has also received new orders for 41 jets. Boeing's delivery figure is deflated by the grounding of its 737 MAX since March and the halt in deliveries which followed two fatal crashes. The U.S. plane maker booked a single order for its 737 MAX from an unidentified customer in September, the first order of a MAX since April. Boeing has also flagged 28 jetliner orders and 114 cancellations during the period.
Both plane makers reported September deliveries this week.
AIRBUS DELIVERY BOEING DELIVERY
September 71 26
Year-to-Date 571 302
2019 Target 880-890 Suspended
Source: Airbus, Boeing
- BAML: Airbus had a better-than-expected September for aircraft deliveries, with 71 airliners delivered during the month, versus expectations of 61, and slightly up from the 69 delivered in September last year.
- Jefferies: To achieve its 2019 target, the European plane maker will have to deliver 314 jets in its last quarter, 17 more than last year. However, the tariffs decided by the U.S. on European aircraft might disrupt deliveries.
Write to Olivia Bugault at email@example.com
(END) Dow Jones Newswires
October 08, 2019 12:41 ET (16:41 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.