Airbus: the order book is close to 8,000 planes

Avatar photo

With sales recorded in the first half of 2023, Airbus’ order book is now close to 8,000 aircraft. The other reason is that the aircraft manufacturer does not deliver enough aircraft to reduce this stock.

Airbus order book: 921 more aircraft half-year-on-year

As of June 30, 2023, Airbus’ order book was not far from 8,000 aircraft, or 7,967 aircraft still to be delivered. A volume never reached by the European aircraft manufacturer. Airbus’ order book has therefore increased by 921 aircraft compared to June 30, 2022 (7,046) under the effect of contracts recorded in the first half of 2023 and in particular orders placed by Air India and IndiGo for a total 750 single-aisle and twin-aisle aircraft, or 72% of net sales for the half-year.

Now we need to be able to speed up deliveries

These orders are good news for Airbus, which thus gains additional years of visibility in terms of industrial production. Nevertheless, this historic volume of the order book cannot be explained solely by these new contracts, which will moreover be followed by others in the second half of 2023. The other factor is that the manufacturer does not deliver as many aircraft as he would like. The target of 720 deliveries in 2022 could not be met due to the cumulative effects of the pandemic and the war in Ukraine and the 720 deliveries announced for 2023 look complicated. At least for now.

The new Toulouse assembly line on cruise from 2025

The re-election of the president of Airbus, Guillaume Faury, as president of Gifas, was once again an opportunity for the latter to recall the “challenge common to all players in the sector, that of production rates and deliveries So we have to be there. We can’t miss it. I’m counting on each and every one of you.” Especially since if the existing sites (Toulouse, Hamburg, Mobile, Tianjin) gradually pick up speed, the new A321neo assembly line inaugurated in Toulouse will increase in volume in 2024 and will only reach cruising speed. from 2025.

John Walker Avatar