Airbus bullish on jet output

Airbus (AIR.PA) doubled down on plans to raise jet output across the board next year, with its top executive reminding engine makers of their commitments in the face of “challenging” supply chains, as jetliner demand led its third-quarter profit higher.

Airbus said adjusted operating earnings rose 21% to 1.013 billion euros ($1.08 billion) and would have been higher but for a 300 million-euro charge on unidentified satellite programmes, said by sources to include commercial telecoms family OneSat.

Airbus declined to elaborate on the charge, which came as the planemaker formally announced a restructuring in its Defence & Space division that has been in preparation for several months.

Avation PLC (LON:AVAP) is a commercial passenger aircraft leasing company owning a fleet of aircraft which it leases to airlines across the world. Avation’s future focus are new technology low CO2 emission aircraft.

Click to view all articles for the EPIC:
Or click to view the full company profile:
Facebook
X
LinkedIn
Avation plc

More articles like this

Avation plc

Driving sustainability and innovation in European aviation

The European aviation industry is facing a shortage of sustainable aviation fuel (SAF), hindering decarbonization efforts. Learn more about solutions and challenges in this sector. #EuropeAviation #SustainableFuel #ClimateAction

Avation plc

Avation secures US$85 million portfolio financing facility

Avation PLC (LON: AVAP), the commercial passenger aircraft leasing company, has advised that it has signed a term sheet with a major international bank for a US$85 million portfolio financing facility. The facility will initially be used

Avation plc

Women in Aviation: Pioneers and Trailblazers

Since the early days of powered flight, women have taken to the skies, but their achievements have often gone unrecognised. While names like Amy Johnson, who was the first woman to fly solo from the UK

Avation plc

Avation Plc signs long-term lease agreement with JCAS Airways

Avation PLC, a commercial passenger aircraft leasing company based in Singapore, has recently finalised a twelve-year lease agreement with Tokyo-based airline JCAS Airways Co Ltd. This agreement covers a new ATR 72-600 aircraft, marking the first

Avation plc

Airbus partners with the Philippines for SAF feasibility study

Airbus, in collaboration with the Philippine government, has launched a series of feasibility studies focusing on sustainable aviation fuels (SAF) in the country. This initiative was revealed during the Philippines Aviation Summit held in Manila on

Avation plc

Sustainable Aviation Fuel: A key to greener skies

The airline industry is increasingly embracing sustainable aviation fuel (SAF) as a critical solution in the quest for decarbonisation. SAF represents a renewable energy source with far lower carbon emissions compared to traditional fossil fuels, contributing

Avation plc

Regional aviation connecting America’s remote communities

In the United States, regional air services play a critical role in linking rural and remote communities to the wider world, ensuring access to economic opportunities, education, healthcare, and social connections. While major cities benefit from

Avation plc

Avation Plc to publish FY results on 26 September 2024

Avation PLC (LON: AVAP), the commercial passenger aircraft leasing company will publish results for the financial year ended 30 June 2024 at 7am BST (UK) on 26 September 2024.x Avation welcomes shareholder questions and comments and advises