Airbus Archives - Page 2 of 3

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…

Airbus to provide technical assistance to JTSB, dispatches specialists to Japan

Posted on January 2, 2024January 2, 2024 by Wole Shadare

Five die in accident, condoles victims’ families Aircraft giant, Airbus has confirmed that an A350-900 operated by Japan Airlines was involved in an accident during flight JAL516 from Sapporo New Chitose Airport to Haneda International Airport shortly after 17:47 (local time) on January 2, 2024. All 367 passengers and 12 crew members on board evacuated the aircraft. Airbus in a statement made available to Aviation Metric said the A350 collided with a DHC-8 aircraft at…

Airbus presents Ibom Air with first of ten A220-300 aircraft

Posted on November 24, 2023November 24, 2023 by Wole Shadare

Ibom Air, the Akwa Ibom State-owned airline, proudly announces the successful delivery of the first of ten Airbus A220-300 aircraft ordered from the aircraft manufacturer Airbus at the 2021 Dubai Airshow. In attendance at the modest handover ceremony held on Friday, 24 November 2023, at Airbus’s Mirabel facilities in Canada were the immediate past Governor of Akwa Ibom State, Mr. Udom Emmanuel, the CEO of Ibom Air, Mr. Mfon Udom, and the Executive Director and…

Airbus delivers 488 aircraft, revenue up €42.6b, EBIT adjusted €3.6b in nine month

Posted on November 8, 2023November 8, 2023 by Wole Shadare

Free cash flow before M&A and customer financing € 1.0 billion Airbus reported consolidated financial results for the nine months ended 30 September 2023, as the firm continues to make progress in its operational plan in a global environment that has become increasingly complex. “The nine-month earnings reflect higher commercial aircraft dein a global environment liveries, the good performance in helicopters as well as charges linked to the reassessment of certain satellite development…

Airbus delivered 71 aircraft in October, edges towards 2023 goal

Posted on November 7, 2023November 7, 2023 by Wole Shadare

European aircraft giant, Airbus said in its monthly bulletin that it delivered 71 aircraft in October, up 18% from the same month last year. The October tally, which also accelerated from 55 aircraft in September, brings total deliveries so far this year to 559 units compared with a full-year target of 720. It is in line with a forecast of 71 aircraft by analysts at Jefferies, which said the higher pace of deliveries had “further de-risked”…

Airbus renews transatlantic fleet with lower-emission ships

Posted on October 25, 2023 by Wole Shadare

Airbus said it would renew the entire fleet of chartered vessels that transport aircraft subassemblies between production facilities in Europe and the United States with three modern, low-emission roll-on/roll-off vessels, supported by wind-assisted propulsion. Airbus has commissioned ship owner Louis Dreyfus Armateurs to build, own, and operate these new, highly efficient vessels that will enter into service from 2026. The new fleet is expected to reduce average annual transatlantic CO2 emissions from 68,000 to 33,000…

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