Airbus aircraft deliveries drop 40% compared to 2019
Airbus headquarters in Toulouse in April 2018 (illustrative image).
AP Photo / Fred Scheiber
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Airbus aircraft deliveries are in free fall.
Since January, they have experienced a drop of 40% compared to last year.
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Despite a well-filled order book, Airbus has delivered only 341 aircraft since the start of the year, compared to 571 last year.
This drop is mainly explained by the postponement of deliveries by
airlines in serious financial difficulty.
These deliveries are important to aircraft manufacturers, as customers pay a large portion of the bill when they take possession of the aircraft.
The sector's outlook is likely to deteriorate with the rebound in the epidemic and new travel restrictions.
To face the crisis, Airbus has already embarked on a vast restructuring plan which provides for the elimination of 15,000 jobs, a third of which in France.
In the wake of the European group, almost all of Airbus' subcontractors have also announced social plans or workforce reductions.
Airbus delivered 57 planes in September compared to 71 last year, and has not recorded any new orders due to the impact of the coronavirus epidemic on the aviation sector, the European aircraft manufacturer announced on Friday.
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