PARIS, July 29 ― Airbus said today it had bounced back strongly into profit in the first half of the year as aircraft deliveries rose, leading the company to revise its performance forecasts upwards.
The European plane manufacturer now expects to deliver 600 planes this year, instead of the previously estimated 566, the number delivered in 2020. “These half-year results reflect the commercial aircraft deliveries, our focus on cost containment and competitiveness, and the good performance in Helicopters and Defence and Space,” CEO Guillaume Faury said in a statement.
However, in a sign that the airline sector is still in crisis, the manufacturer recorded only net orders of 38 aircraft in the first half of the year receiving 127 cancellations.
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