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Airbus jet deliveries slip in August, stays ahead of Boeing

Tue, 8th Sep 2020 19:39

PARIS, Sept 8 (Reuters) - Airbus deliveries slipped
in August, slowing its recovery from the coronavirus demand
meltdown, but the European planemaker remained well in front of
its beleaguered U.S. rival Boeing, which reported new
production headaches.

Airbus said it had delivered 39 jets in August, down from 49
a month earlier and slightly below the 41 in August last year.
About a quarter of the deliveries were for low-cost carriers
that are riding out the crisis relatively well compared to
traditional rivals, such as India's Indigo and Hungary's Wizz.

Boeing, whose 737 MAX has been grounded for more than a year
over two fatal crashes, delivered 13 jets in August.

Underlying deliveries at both planemakers are well below
normal as airlines delay taking planes during the pandemic.

Airbus said it had delivered 284 aircraft so far in 2020,
down 43% from 500 in the same period of 2019. Boeing delivered
87 jets in the first eight months, down from 276 a year earlier.

Boeing on Tuesday warned of delays to deliveries of its 787
Dreamliner as it reported a new production flaw.

Demand for wide-bodied jets such as the 787 and Airbus A350
has been left reeling by the global pandemic.

Airbus delivered four wide-bodied aircraft in August
including one to its own military arm and one to Hong Kong's
Cathay Pacific, easing a backlog of undelivered A350s
parked in Cathay livery outside Airbus factories.

Cathay said in July it had reached agreement with Airbus
over a new timetable involving deferred deliveries.

With the aircraft market stagnant, Airbus sold one jet in
August, a private A320neo to an undisclosed buyer.

Boeing booked its first order for the 737 MAX since the
start of the year but took new cancellations for the airplane,
which is severely delayed as regulators examine design changes
to address safety concerns.

So far this year, Airbus has sold 370 aircraft or 303 after
allowing for cancellations. Boeing has sold 67 jets but a slew
of MAX cancellations has pushed its net order tally for the
first eight months of the year to a negative total of 378.
(Reporting by Tim Hepher; editing by Grant McCool)

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