Airbus will deliver 90 more aircraft in 2019 compared to 2018

Airbus has announced its intention to provide an increase of 90 aircraft in 2019 compared to 2018. This increase brings the total to 890 aircraft, up from 800 the previous year. The announcement was made at the Airbus annual press conference in February 2019.

Success of Airbus in 2018

Many people did not expect such news from Airbus at its press conference, which was called the recent announcement of the end of production of the A380. Airbus, however, surprised the media by announcing that the company had exceeded all its expectations for 2018, including its results and other key performance indicators.

Based on the success of the previous year, Airbus expects its projects to continue with the same trend as in 2019. Commercial aircraft deliveries are one of the most outstanding aspects. of these forecasts. The company's sales of commercial aircraft were mainly motivated in 2018 by sales of approximately 750 aircraft. Orders have increased considerably; bring back its current order book to a record 7,577 orders.

To keep its promises, Airbus plans to increase production. The 890 delivery forecast will be a substantial improvement over the current backlog, but still indicates that there is significant growth that Airbus can still achieve by a year on the market. 39; another.

Several aircraft models have been attributed to the growth of Airbus results. The company said it is focusing on its A220, A320, A330 and A350 models to boost their respective revenues.

Trend in Airbus growth

Airbus has been growing steadily year by year thanks to its dominance in the manufacturing industry. The company has continued to outperform the S & P 500 Index over the last ten years. Recent announcements by Airbus have also boosted stock prices as the public begins to have a more positive view of its performance.

Airbus plans to deliver an additional 90 aircraft in 2019 will all be taken into account in the commercial aircraft sector. The sector alone has exceeded everyone's expectations. Profits from Airbus commercial aircraft have doubled to $ 4.3 billion by 2018. These increases have increased revenues by nearly $ 48 billion.

The press conference also said that Airbus was expanding its other sectors. The new management has created solid business over the past year in the helicopter, defense and space sectors. Each of these sectors is also expected to grow over the next year.

At the press conference, Tom Enders, CEO of Airbus, said: "Even though 2018 posed many challenges, we held our commitments with record profitability thanks to strong operational performance, especially in Q4 ", out of about 7,600 aircraft, we intend to further increase the production of aircraft.

The challenges mentioned by Enders allude to the cancellation of the A380 model. The major airlines, including Emirates, have reduced the amount of their orders and the overall demand for the sector has not responded well to the aircraft due to current trends. Airbus has always managed to increase its production of commercial aircraft.

The delivery forecast for 890 aircraft reflects a growth of 11%, maintaining Airbus' position as one of the leading and growing manufacturers.