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News

Airbus Delivers Record 735 Commercial Aircraft In 2023, Outperforming Boeing

Author: Nabaparna Bhattacharya | January 12, 2024 01:42pm

Airbus SE (OTC:EADSY) (OTC:EADSF) said it delivered 735 commercial aircraft in 2023, an 11% increase on 2022. 

In 2023, Airbus registered 2,319 gross orders (2,094 net), including 1,835 A320 Family and 300 A350 Family aircraft, according to a statement from the company yesterday.

Meanwhile, shares of Boeing Company (NYSE:BA) have been diving since the Alaska Air Group, Inc. (NYSE:ALK) incident. Boeing delivered 528 aircraft last year and secured 1,314 net new orders in 2023.

RelatedDoes Boeing Stock’s Recent Nosedive Present A Good Entry Point For Investors?

“We originally anticipated aviation to recover sometime in the 2023-2025 timeframe, but what we saw in 2023 was, alongside the single-aisle market, widebody return much sooner than expected, and with vigour,” said Christian Scherer, Airbus’ newly appointed CEO, Commercial Aircraft.

Airbus recently clinched a firm order from Taiwan’s EVA Air for 18 long-range A350-1000s and 15 single-aisle A321neo.

The European plane manufacturer disclosed today that Delta Air Lines, Inc. (NYSE:DAL) has agreed to purchase twenty A350-1000s, with options for twenty additional widebody aircraft. 

Price Action: EADSY shares traded higher by 2.36% to $40.78 on the last check Friday.

Photo via Company

Posted In: ALK BA DAL EADSF EADSY