Tuesday 12 May 2020

Airbus Updates No.2647

Airbus Delivers 14 Aircraft in April, 80% Down Compared with Previous Year

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The deliveries are down from 70 compared with the same month of 2019. The April deliveries included two wide-body jets of which one was an Airbus A350 for the Japanese flag carrier Japan Air Lines (JAL). The other was an internal delivery of an A330 to be converted into a military tanker.

Demand for jetliners, especially oversupplied twin-aisle models, has slumped as airlines hold back from taking delivery over financial concerns and European lockdowns or travel restrictions make it harder to send inspection teams.
Airbus is operating a system of split shifts divided into red and blue teams in order to slow the spread of the epidemic. The planemaker sold nine single-aisle aircraft to Irish lessor Avolon in April, but these replace nine previously cancelled by the same firm for earlier delivery - highlighting aggressive moves to save cash and postpone capital spending.
Avolon has said it is planning for a lengthy downturn in demand following the industry’s worst crisis.

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