Airbus Backlog Rises to Record With 758 Aircraft Orders in 2013
Airbus SAS’s backlog rose to a record after the No. 2 planemaker booked 241 orders last month, fueled by sales at the week-long Paris Air Show that brought in $129 billion worth of deals for airliners.
The order book grew to 5,109 planes after Airbus handed over 48 jets last month, it said on its website today. The Toulouse, France-based company said it was the first time a planemaker had reached that level of to-be-delivered jets, equal to about seven years of sustained production,
The manufacturer shipped 295 planes in the first six months as it booked 722 net orders after 36 cancellations.
Airbus won deals worth almost $70 billion at the aerospace expo last month, bringing it within its target of 800 orders for the year. Announced commitments, including a pending 135 plane order from European discount carrier EasyJet Plc (EZJ), and the purchase of 20 A380 superjumbos by Doric Asset Finance Ltd., bring Airbus to about 1,000 orders this year.
Deutsche Lufthansa AG (LHA)’s firmed up a previously announced deal for 100 A320 single-aisle jets in the largest transaction last month, leaving the airline to still finalize terms for two additional A380s it has committed to buying.
Airlines bought 65 A350s after the plane completed its first flight on June 14. Deals included 30 A350-900s, the model that flew, from Singapore Airlines Ltd. (SIA) and another 25 from Air France-KLM (AF), Europe’s largest airline, with United Airlines (UAL) signing for 10 larger version -1000s. United also canceled orders for 11 A320 short-haul planes.
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