So far this year, Airbus has sold 379 planes or a net total of 300 after cancellations. Photo: Getty
So far this year, Airbus has sold 379 planes or a net total of 300 after cancellations. Photo: Getty

Airbus (AIR.PA) reached the highest number of monthly deliveries in September, although order activity remained quiet as COVID-19 continues to hammer the aviation sector.

It delivered 57 jets in September this year, up from 39 in August and exceeding the 55 achieved in February 2020, just before the onset of the airline crisis.

The European planemaker made 341 deliveries over the last nine months including 18 A220s, 282 A320 Family, 9 A330s and 32 A350s. This figure was down 40% from the 571 deliveries the same period last year, with the fall in output triggered by the pandemic.

A significant number of planes were delivered from a parked backlog. Its backlog stands at 7,441 aircraft compared to 7,133 at the same point in 2019.

The only order change registered was the reduction of Macquarie Financial Holdings’ order for 40 A220-300s, which has been revised to 37.

In total, Airbus booked 300 net commercial plane orders compared with 127 net orders compared to the same time period last year.

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While the company axed guidance at the outset of the coronavirus crisis, industry sources told Reuters that it is targeting 500 deliveries in 2020, having delivered more than three quarters of that “target” already.

In 2019, Airbus delivered a record annual total of 863 jets. So far this year, it has sold 379 planes or a net total of 300 after cancellations.

Airbus trails ahead of US rival Boeing (BA), which sold 67 jets by the end of August and had a negative net total of 378 orders dominated by cancellations for the 737 Max, which has been grounded for 18 months after

By Tim Hepher

PARIS, Oct 9 (Reuters)Airbus AIR.PA reached the highest number of monthly deliveries of passenger planes so far this year in September, but logged no new sales as crisis-hit airlines continue to bleed cash.

The European planemaker delivered 57 jets in September, up from 39 in August, bringing nine-month deliveries to 341, down 40% from the same period of 2019, company data showed on Friday.

The drop matches a 40% output fall triggered by the coronavirus crisis, with Airbus deciding last month to maintain the new rates unchanged. A significant number of jets were delivered from a parked backlog.

Airbus axed guidance at the outset of the pandemic but is internally targeting around 500 deliveries in 2020 and is three quarters of the way towards its goal, industry sources said.

It delivered a record annual total of 863 jets in 2019.

Jet markets are moribund due to the impact of the crisis on demand and airline balance sheets, although Boeing is seen chasing some deals to bolster its 737 MAX.

Boeing this week cut its long-term demand forecasts for the first time in more than ten years and warned of a challenging decade ahead.

According to Airbus data, Macquarie Financial Holdings, a unit of Australia’s Macquarie Group MQG.AX, cancelled three out of 40 A220 jets originally ordered from Canada’s Bombardier, which sold the passenger jet programme to Airbus in 2018.

So far this year, Airbus has sold 379 aircraft or a net total of 300 after cancellations.

It remains far in front of its U.S. rival which had sold 67 aircraft by the end of August and had a negative net total of 378 orders dominated by cancellations for the Boeing 737 MAX, which has been grounded for 18 months after two crashes.

Boeing