PARIS: Airbus deliveries slipped in August, slowing its recovery from the coronavirus demand meltdown, but the European planemaker remained well in front of its beleaguered US 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 per cent from 500 in the same period of 2019. Boeing delivered 87 jets in the first eight months, down from 276 a year earlier.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Airbus jet deliveries slip in August, stays ahead of BoeingAirbus deliveries slipped in August, slowing its recovery from the coronavirus demand meltdown, but the European planemaker remained well in ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Tesla China sold 11,800 Model 3 vehicles in August: CPCAU.S. electric vehicle maker Tesla Inc sold 11,800 Shanghai-made Model 3 vehicles in China in August, up from 11,000 units in July, according to ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Condo resale volume hits 2-year high in August: SRXSINGAPORE - The number of private non-landed homes resold hit a two-year high last month while prices firmed slightly in what observers see as another sign of the Singapore's property market's growing recovery from the effects of the Covid-19 pandemic.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »
Yanlord's contracted pre-sales more than double to 12.03b yuan in AugustREAL estate developer Yanlord Land Group saw its contracted pre-sales from residential and commercial units as well as car parks more than double to 12.03 billion yuan (S$2.41 billion) in August, from 4.81 billion yuan a year ago. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Extreme heat made last month the 4th-hottest August on recordBRUSSELS (BLOOMBERG) - August 2020 will go down as the fourth-warmest on record worldwide, with above average summertime heat in the US and Mexico tempered slightly by below average temperatures in parts of the Southern Hemisphere.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »
China August exports rise 9.5% year-on-year, beating forecasts; imports down 2.1%BEIJING: China's exports in August rose at a faster-than-expected pace, increasing by 9.5 per cent from a year earlier, though imports dropped 2.1 ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »