Airbus first-half deliveries hit 16-year low despite June bounce

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Airbus deliveries rose 50per cent in June compared with May and reached their highest level since the coronavirus crisis spread to Europe in ...

Airbus deliveries rose 50per cent in June compared with May and reached their highest level since the coronavirus crisis spread to Europe in March, but the accelerating recovery failed to prevent first-half deliveries from sliding to a 16-year low.

Figures released by the European planemaker late on Wednesday underscored a collapse in aerospace industry fortunes since early this year, hours after Airbus workers facing job cuts staged their first strike in 12 years.Deliveries rose to 36 aircraft in June from 24 in May and a low of 14 in April. For the first half, deliveries fell by 49per cent to 196 planes compared with 389 in the same period last year.

Facing a slump in demand, planemakers have been urging airlines to take planes that have already been built in return for agreement to defer others due at later dates.

 

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