Airbus Raises Forecast For New And Old Aircraft Deliveries
Portfolio Pulse from Lekha Gupta
Airbus has raised its forecast for new airplane deliveries to 40,850 for 2023-2042, with 32,630 Single Aisle and 8,220 Widebody flights. The company also increased its outlook for replaceable old aircraft count to 17,170 units and expects its fleet in service to reach 46,560 aircraft in 2042. Airbus projects higher growth in Asia, particularly China and India.
June 14, 2023 | 11:55 am
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Airbus raised its forecast for new airplane deliveries and expects higher growth in Asia, which may positively impact its stock price.
Airbus has increased its forecast for new airplane deliveries and expects higher growth in Asia, particularly China and India. This indicates a positive outlook for the company's future performance, which may lead to an increase in its stock price in the short term.
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RELEVANCE 100