Global Aircraft Manufacturer, Airbus, Delivered 142 Commercial Aircraft in Q1 2024

Airbus delivered 142 commercial aircraft in the first quarter of 2024, the aircraft manufacturer shared in its latest report.

"We delivered first quarter 2024 results against the backdrop of an operating environment that shows no sign of improvement. Geopolitical and supply chain tensions continue. In that context, we delivered 142 commercial aircraft,” said Airbus CEO Guillaume Faury. “We started 2024 with a solid order intake across our businesses. The strong momentum on widebody aircraft underpins our decision to increase the production rate for the A350 to 12 aircraft a month in 2028. Our ramp up plans are continuing, supported by the investments in our production system while relying on our core pillars of safety, quality, integrity, compliance and security.”

• Gross commercial aircraft orders totaled 170 (Q1 2023: 156 aircraft) with the same number of net orders due to no cancellations (Q1 2023 net orders: 142 aircraft).
• The order backlog amounted to 8,626 commercial aircraft at the end of March 2024.
• Airbus Helicopters registered 63 net orders (Q1 2023: 39 units), mainly in the light and medium segments.
• The A220 ramp-up continues towards a monthly production rate of 14 aircraft in 2026.
• On the A320 Family programme, the Company is making progress towards the rate of 75 aircraft per month in 2026
• Entry-into-service of the A321XLR continues to be expected in Q3 2024.
• On widebody aircraft, the Company has decided to increase the production rate for the A350 to 12 aircraft a month in 2028 and continues to target rate 4 for the A330 in 2024.

Airbus targets to achieve around 800 commercial aircraft deliveries in 2024.

Source: Excerpts from Airbus Press Release Photo Credit: Airbus (shown as meta image)