Airbus Chases Aircraft Lessors As Order Race Tightens

www.oann.com | 11/26/2018 | Staff
Nighty (Posted by) Level 3
PARIS (Reuters) – Airbus has been chasing deals with leasing companies in recent weeks to try to narrow a gap in orders against rival Boeing , while experts debate whether the planemaker met its delivery target after shares took a beating.

The outcome of the recent leasing talks could affect a tighter-than-expected race for orders in 2018, though Airbus is relying on a recent burst of orders for a newly acquired Canadian jet program and lags Boeing on a like-for-like basis.

Order - Flurry - Jigsaw - Data - Investors

The last-minute order flurry complicates a jigsaw of data awaited by investors as uncertainty lingers over whether Airbus met its crucial aircraft delivery target for 2018 — a reliable guide to profits and a barometer of supply chain tensions.

Industry sources have said Airbus was unlikely to meet the 800-jet goal (782 excluding the Canadian A220), but others said Airbus could still spring a surprise after workers delivered jets late on Dec 31 that had not been expected to make the cut.

Bloomberg - News - Thursday - Airbus - Aircraft

Bloomberg News reported on Thursday that Airbus had delivered more than 790 and fewer than 800 aircraft in 2018.

Shares in Airbus rebounded 3 percent on Friday after falling as much as 7.9 percent on Thursday due to doubts over deliveries and what dealers described as a possible trading error.

Airbus - Figures - Jan - Fanfare

Airbus is due to announce final figures on Jan 11, but without the fanfare...
(Excerpt) Read more at: www.oann.com
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