PARIS, April 7 (Reuters) - Europe's Airbus AIR.PA a
PARIS, April 7 (Reuters) – Europe’s Airbus AIR.PA accelerated jet deliveries in March, placing it inside attain of matching and even eclipsing final yr’s first-quarter whole, which was solely partially affected by the coronavirus disaster, monitoring estimates confirmed on Wednesday.
The planemaker delivered 122 plane within the first three months of 2020, with deliveries coming virtually to a halt after France and different nations imposed well being lockdowns in mid-March.
Airbus declined to touch upon this yr’s efficiency.
It’s anticipated to replace supply information on Thursday, forward of quarterly earnings on April 29. Any closing supply information is topic to last-minute adjustments attributable to inside auditing.
After a gradual begin to the yr, Airbus delivered 53 jets within the first two months of 2021 after which accelerated sharply in March, in response to trade sources and unofficial estimates.
The Hamburg-based Airbus Finkenwerder Information weblog, which intently screens deliveries for the best-selling A320 household, stated March deliveries greater than doubled to 44 in comparison with January. Airbus says it’s producing 40 such planes a month.
Airbus additionally delivers smaller A220 jets and bigger A330 and A350 plane. Some massive jets are nonetheless going into storage due to a hunch in worldwide demand, whereas narrow-body flying is choosing up shortly in markets corresponding to america and China.
“Airbus is delivering nicely,” an airline supply stated.
For the complete yr, Airbus has stated it plans to repeat the 566 deliveries seen in 2020.
Rival Boeing BA.N delivered 157 jets in 2020, hit by the virtually two-year grounding of its 737 MAX and manufacturing issues on the 787 Dreamliner. It delivered 48 business plane within the first two months of this yr.
Each firms have been compelled to put off hundreds of employees by a drop in demand since a 2019 supply peak.
(Reporting by Tim Hepher; modifying by Barbara Lewis)
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