Airbus Archives - Aviation metric

Airbus signs Flight Hour Services contract for Ethiopian Airlines’ A350 fleet

Posted on February 17, 2025 by Wole Shadare

Airbus has signed a seven-year Flight Hour Services (FHS) contract with Ethiopian Airlines for the comprehensive maintenance of its fleet of 24 Airbus A350 aircraft, including both the A350-900 and A350-1000 models. This agreement will provide Ethiopian Airlines with dedicated on-site stock in Addis-Ababa, access to Airbus material pools worldwide, as well as repair and engineering support for a wide range of critical rotable parts. By leveraging Airbus’ extensive engineering expertise, Ethiopian Airlines will benefit…

Boeing, Airbus in fierce battle for Middle East, African market with 5,320 aircraft projection by 2043

Posted on February 17, 2025February 17, 2025 by Wole Shadare

Passenger air traffic in Africa will increase 6.4 per cent annually Two of the biggest aircraft manufacturers in the world, Boeing and Airbus are beginning to see the Middle East and Africa as the two regions of interests for the sale of their airplanes. While Airbus expects fleet size in the Middle East to more than double in the 18-year period to 2043, the world’s third-fastest rate after China and the Asia-Pacific region, Boeing…

Airbus reports 766 commercial aircraft deliveries in 2024

Posted on January 9, 2025 by Wole Shadare

Aircraft maker, Airbus delivered 766 commercial aircraft to 86 customers around the world in 2024. The Commercial Aircraft business registered 878 gross new orders. As a result, its 2024 year-end backlog stood at 8,658 aircraft. Airbus’ 2024 aircraft fleet deliveries Christian Scherer, CEO of Commercial Aircraft at Airbus said, “2024 confirmed sustained demand for new aircraft. We won key customer decisions with the most important customers and saw phenomenal momentum for our wide-body order book, complementing our leading position…

Gabriel Semelas to lead Airbus in Africa and the Middle East

Posted on September 17, 2024 by Wole Shadare

Airbus has named Gabriel Semelas as President of Airbus in Africa and the Middle East, effective from 1st January 2025. Gabriel Semelas brings more than 24 years of experience in the aeronautical industry, having held key senior executive roles. He returns to Airbus from his current position as Chief Commercial and Financial Officer at Eurofighter Jagdflugzeug GmbH in Germany. Before that, he led the contracts team for Airbus’ Commercial Aircraft business in Africa and the…

Airbus, partners invest in SAF financing fund

Posted on July 30, 2024July 30, 2024 by Wole Shadare

Airbus, the Air France-KLM Group, Associated Energy Group, LLC, BNP Paribas, Burnham Sterling, Mitsubishi HC Capital Inc. and Qantas Airways Limited have co-invested in a Sustainable Aviation Fuel (SAF) financing fund to accelerate the production of SAF.The corporate partners worked with investment manager Burnham Sterling Asset Management to establish the Sustainable Aviation Fuel Financing Alliance (SAFFA) investment fund in which Airbus is the Anchor Investor. The commitment from the seven partners is amounting to an…

Amid harsh economic realities, Airbus delivers 142 airplanes, revenues up by 13% Q1 2024

Posted on May 12, 2024 by Wole Shadare

Airbus’ gross commercial aircraft delivered in Q1 2024 rose to 142. This is coming against the backdrop of an operating environment that shows no sign of improvement. The company also reported consolidated financial results for its First Quarter (Q1) ended March 31, 2024. “We delivered first quarter 2024 results against the backdrop of an operating environment that shows no sign of improvement. Geopolitical and supply chain tensions continue. In that context, we delivered 142 commercial…

Airbus raises female director proportion from 33% to 42%, shareholders approve resolutions at 2024 AGM

Posted on April 10, 2024 by Wole Shadare

Airbus shareholders approved all resolutions at the Company’s 2024 Annual General Meeting (AGM) held on 10 April in Amsterdam. Resolutions included the renewal of the three-year Board mandate of Chairman René Obermann and those of fellow non-executive directors Victor Chu, Jean-Pierre Clamadieu and Amparo Moraleda. Mr. Obermann was formally reappointed Chairman of the Board at a Board meeting held after the AGM. Dr. Feiyu Xu was appointed as a non-executive director following approval at the shareholder…

Airbus to facilitate access to aircraft financing for Nigerian carriers

Posted on March 25, 2024March 25, 2024 by Wole Shadare

Tells operators to cater for local market Aircraft maker, Airbus said it is committed to working closely with Nigeria to explore innovative solutions, seize opportunities, and capitalise on the potential of Nigeria. Airbus’ Vice-President of Sales, Africa, Hadi Akoum in an appreciation letter to the Minister of Aviation and Aerospace Development, Mr. Festus Keyamo dated March 20, 2023, stated that in the upcoming weeks, the company will diligently follow up on the pivotal topics…

Airbus, Zenith’ s Ibom Air’s A220 financing pivotal moment for Africa’s aviation

Posted on February 2, 2024 by Wole Shadare

Nigeria’s promising carrier, Ibom Air received a major boost for aircraft financing as Zenith Bank and aircraft giant, Airbus have successfully closed financing for Ibom Air’s first A220, signaling a pivotal moment for African aviation. With Zenith Bank’s commitment to supporting regional carriers and Airbus’s endorsement, this collaboration addresses funding challenges and fosters a sustainable aviation ecosystem in Nigeria and beyond, highlighting the continent’s promising aviation sector potential. The agreement between Ibom Air…

Airbus reports strong 2023 commercial aircraft orders, deliveries amid complex operating environment

Posted on January 12, 2024 by Wole Shadare

Aircraft maker, Airbus delivered 735 commercial aircraft to 87 customers around the world in 2023, demonstrating strong performance despite a complex operating environment. The Commercial Aircraft business registered 2,319 gross new orders (2,094 net). As a result, its 2023 year-end backlog stood at 8,598 aircraft. The company in a statement to Aviation Metric said, “2023 was a landmark year for Airbus’ Commercial Aircraft business with exceptional sales and deliveries on the upper end of our target,” said Guillaume…

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