French aircraft giant Airbus has delivered 142 planes to customers this years, nearly twice as many as its American rival Boeing, which is struggling with production amid heightened scrutiny after a door plug fell off one of its planes mid-flight in January. And at an investor meeting Wednesday, Airbus confirmed that it will keep up that dominance for the rest of the year.
“As the basis for its 2024 guidance, the Company assumes no additional disruptions to the world economy, air traffic, the supply chain, the Company’s internal operations, and its ability to deliver products and services,” Airbus wrote in a slideshow outlining its expectations for the year. It’s a bit of boilerplate that reads with a barbed irony given the issues at Boeing.
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.