Sun. Mar 3rd, 2024

While Boeing is going through a crisis, Airbus has never sold so many planes

Open in full screen mode

The assembly line of the Airbus A320 in the European aircraft manufacturer's factory in Hamburg. Airbus reached a peak in the number of net orders recorded in 2023. (File photo)

Agence France-Presse

While Boeing is once again mired in a crisis with its flagship aircraft, Airbus has never had so many orders in its history and managed to deliver in 2023 the number of aircraft it wanted. #x27;was set.

The European aircraft manufacturer announced Thursday that it had received 2,094 net orders last year, shattering its previous record dating from 2013 (1503 net orders). The group rode on the success of its A320 family single-aisle aircraft and its A350 long-haul aircraft.

Despite the cancellations and changes to orders, usual in this long-term industry, Airbus obtained 2,319 gross orders, including 1,835 A320s and 300 A350s, again a historic high.

After the pandemic, we had initially predicted that aviation would recover between 2023 and 2025, but what we saw in 2023 was that alongside the single-aisle market, the widebody market came back well earlier than expected and with vigor, commented Christian Scherer, CEO of Airbus Commercial Aircraft, quoted in a press release.

Faced with the need to reduce their environmental footprint to achieve carbon neutrality in 2050 as the sector has committed to and due to global air traffic which is expected to double by this time, airlines have launched a vast movement to modernize their fleet.

Loading in progressFormer NDP leader Ed Broadbent is dead

ELSE ON NEWS: Former NDP leader Ed Broadbent is dead

To ensure their future growth, they strive to reserve available delivery slots from aircraft manufacturers as early as possible. These stretch into the start of the next decade.

Mega orders have therefore accumulated in 2023 for Airbus, whether it is the Indian low-cost company IndiGo, which signed the largest in volume in the history of aviation civil (500 A320s), Air India (250 aircraft, including 40 A350s) and Turkish Airlines (230 aircraft, including 60 A350s).

Christian Scherer sees this as a trend that will continue: 70% of the world's fleet in service currently comes from previous generations. That's a lot of planes to replace, without even talking about growth, he estimated.

Open full screen

IndiGo CEO Pieter Elbers (left) with Airbus Commercial Aircraft Managing Director Christian Scherer at the International Air Show of aeronautics and space at Paris-Le Bourget in June 2023.

Airbus' order book of 8,598 aircraft at December 31 ensures many years of production.

The aircraft manufacturer has embarked on a strong ramp-up to respond to this.

It plans to increase its production from 48 A320s each month in 2023 to 75, and from five to ten monthly A350s by 2026.

But the aircraft manufacturer is experiencing persistent difficulties with part of its chain of 18,000 suppliers, some having been weakened by the pandemic, inflation and supply difficulties, which is delaying promised deliveries.

The group nevertheless managed to deliver 735 aircraft to its customers in 2023, slightly exceeding its objective of 720.

< p class="StyledBodyHtmlParagraph-sc-48221190-4 hnvfyV">Last year, Airbus, which was already counting on 720 aircraft, had to abandon its objectives at the end of the financial year. He ultimately only delivered 661.

Deliveries are a reliable indicator of profitability in aviation because airlines pay the majority of the bill when they take possession of the planes .

It is the orders that we win today that will allow us to invest in innovative and even more sustainable solutions tomorrow, promises Christian Scherer.

Airbus plans to launch a hydrogen-powered aircraft by 2035, therefore emitting no CO2, and is starting to prepare the successor to the A320 for the second half of the 2030s.

Open full screen

A U.S. Transportation Safety Board inspector observes the panel that came off the fuselage of Alaska's 737 MAX 9 Airlines. (Archive photo)

The situation of the European aircraft manufacturer contrasts with that of Boeing.

Its American competitor also saw a jump in its orders (1,314 net orders, 1,456 excluding cancellations and modifications). For this, it relies on the commercial success of the 737 MAX (987 orders) and the long-haul 787 (313 orders).

But the American giant remains mired in production and quality control problems and delivered only 528 devices during the year.

Last week, a piece of fuselage of an Alaska Airlines 737 MAX broke off in mid-flight, without causing any injuries, but once again tarnishing the image of the aircraft. x27;device after two accidents linked to design defects which caused a total of 346 deaths in 2018 and 2019.

The American agency The Civil Aviation Regulatory Authority (FAA) announced on Thursday that it had opened a formal investigation into a possible failure by Boeing.

By admin

Related Post