Airbus has announced their 2020 order and delivery results, which see deliveries fall 34%. Results, however, fall in line with their adaption plan set out in April 2020, in response to the COVID-19 pandemic and its impact on the aviation industry. The results saw the company perform stronger than expected in the midst of the pandemic.
The European manufacturer delivered 566 aircraft to 87 different customers while also recording 383 new orders, 268 net orders. Its backlog stands at 7,184 aircraft. By the end of 2020, Airbus lost 115 orders.
25% of orders were delivered using the new ‘e-delivery solution’ which reduces the number of people an airline has to send to take delivery of an aircraft.
- The A330 family gained 2 new orders
- The A350 family gained 21 new orders
Airbus will release their Full Year 2020 financial results on 18 February 2021.
Speaking about the results Guillaume Faury, Airbus Chief Executive Officer said,
Working hand-in-hand with our customers allowed us to navigate a difficult year. The Airbus teams, customers and suppliers truly pulled together in the face of adversity to deliver this result. We also thank our partners and governments for their strong support to the sector,”
“Based on our 2020 deliveries we are cautiously optimistic as we look into 2021, although challenges and uncertainties remain high in the short term.”
Compared to Boeing, whose results can be found here, Airbus completely outperformed their American rivals. Airbus managed to deliver over two-thirds more aircraft and held on to the title of world’s largest planemaker. A title which Boeing held from 2012-2018.