Market Intelligence: Africa

Airbus Reports 766 Commercial Aircraft Deliveries in 2024

  • Airbus delivered 766 commercial aircraft in 2024.
  • 878 gross orders (826 net), including 82 A330s and 142 A350s
  • Demonstrates continued momentum for widebody orderbook complementing leading position in single aisle market
  • The 2024 year end backlog stands at 8,658 aircraft.

Toulouse, France – Airbus delivered 766 commercial aircraft to 86 customers around the world in 2024. The Commercial Aircraft business registered 878 gross new orders. As a result, its 2024 year end backlog stood at 8,658 aircraft.

Christian Scherer, CEO Commercial Aircraft at Airbus said, “2024 confirmed sustained demand for new aircraft. We won key customer decisions with most important customers and saw phenomenal momentum for our widebody orderbook, complementing our leading position in the single aisle market. On deliveries, we kept our trajectory and celebrated several landmark firsts. These include the first ever A321XLR as well as first A330neo and A350 deliveries to several customers globally.”

Airbus’ 2024 aircraft fleet deliveries

A220 Family – 75
A320 Family – 602
A330 Family – 32
A350 Family – 57
Total: 766

“Given the complex and fast-changing environment we continue to operate in, we consider 2024 a good year. It has been a massive team effort to deliver this 2024 result. A big thanks to Team Airbus who do what they do, every day, for our customers. And a big thanks to our customers for continuing to put their trust in us and grow our partnerships across the world,” he added.

Airbus’ 2024 full year Financial Results will be disclosed on 20 February 2025.

Source: Airbus
Photo Credit: Airbus

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Aviation Distance Learning Provider, CPaT, Announces December 2024 Promotion for Marketing & Communications Specialist

USA – headquartered CPaT Global, a leading provider of aviation training solutions, has announced the promotion of Ariana Jones to Marketing & Communications Specialist. Since joining the company in 2022, Jones has demonstrated exceptional skill, dependability, and a results-driven approach in advancing CPaT’s marketing and communications strategies.

Learn more about CPaT Global or Jones by connecting with her through her LinkedIn profile here.

Source: CPaT
Photo Credit: CPaT

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Aircraft Manufacturer Announces 2025 Appointment for President for Africa and Middle East

Toulouse, France – headquartered aircraft manufacturer Airbus has announced the appointment of Gabriel Sémelas as President for Africa and the Middle East. In his new role, Sémelas will lead Airbus’s efforts across the rapidly evolving region, focusing on supporting growth and development through innovative aviation, defence, and space solutions.

“I am honoured to take on this new role, spearheading the activities of Airbus in Africa and the Middle East. The Region is changing fast, with huge ambitions for growth and development. At Airbus we want to support this transformation, contributing to commercial aviation and the development of defence and space capabilities, by offering innovative and sustainable solutions.” shared Gabriel Sémelas.

Source: Gabriel Sémelas
Photo Credit: Airbus (shown as meta image)

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Global Aircraft Lessor Dubai Aerospace Enterprise (DAE) Signs Definitive Agreement to Acquire Nordic Aviation Capital

Dubai, U.A.E. – Dubai Aerospace Enterprise (DAE) Ltd (“DAE”) announced the signing of a definitive agreement to acquire 100% of the Nordic Aviation Capital group of companies (“NAC” or “Nordic Aviation Capital”), an aircraft leasing company formed over 30 years ago. Terms of the transaction were not disclosed.

As of September 2024, NAC’s fleet comprised of 252 owned and committed assets on lease to approximately 60 airline customers in approximately 40 countries.

On a pro forma basis, DAE Capital’s fleet will comprise of approximately 750 owned, managed and committed aircraft with a total value of approximately US$22 billion on lease to approximately 170 airline customers in approximately 70 countries.

Firoz Tarapore, Chief Executive Officer of DAE, commented, “We are delighted at this opportunity to add NAC’s capabilities, complementary market presence, and people to our platform. This transaction will allow us to provide more cost-effective solutions to a larger group of customers.”

The transaction will be appropriately capitalized and funded by internal resources and committed debt financing. Consequently, DAE’s leverage and funding metrics will remain comfortably within the levels consistent with DAE’s credit ratings. The transaction is subject to required regulatory approvals and approval of the shareholders of NAC Holdings Limited and is expected to be completed in the first half of 2025.

DAE was advised by Allen Overy Shearman Sterling LLP and KPMG.

About DAE
Dubai Aerospace Enterprise (DAE) Ltd is a globally recognized aviation services corporation with two divisions: DAE Capital and DAE Engineering. Headquartered in Dubai, DAE serves over 170 airline customers in over 65 countries from its seven office locations in Dubai, Dublin, Amman, Singapore, Miami, New York, and Seattle.

DAE Capital is an award-winning aircraft lessor with an owned, managed, and committed fleet of approximately 500 Airbus, ATR, and Boeing aircraft with a fleet value of US$18 billion. DAE Engineering provides regional MRO services to customers in Europe, Middle East, Africa, and South Asia from its state-of-the-art facility in Amman, Jordan, accommodating up to 17 wide and narrow body aircraft. It is authorized to work on 15 aircraft types and has regulatory approval from over 25 regulators globally.

Source: Dubai Aerospace Enterprise
Photo Credit: Dubai Aerospace Enterprise

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