Airbus targets 700 commercial airplane orders this year: sources
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
[PARIS] Airbus has told aircraft industry experts that it expects to win 700 orders this year, industry sources said.
Airbus executives mentioned the target at a meeting of aircraft value appraisers in Toulouse last week, they said.
A spokesman for the European planemaker declined to comment.
In its latest official guidance, parent Airbus Group says it expected orders to exceed deliveries of more than 650 aircraft in 2016.
Airbus sold a gross total of 32 aircraft and delivered 125 in the first quarter, down 74 per cent and 7 per cent respectively from the same period last year. After adjusting for cancellations, it posted 10 net orders in the quarter, its slowest start to the year since 2011.
REUTERS
Share with us your feedback on BT's products and services
TRENDING NOW
‘Boring’ is the new black: The stars are aligning for a Singapore stock market revival
Near sell-out launches in March boost developer sales to 1,300 units after four slow months
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Genting Singapore’s Lim Kok Thay receives S$7.5 million pay package for FY2025
