Airbus Q1 Deliveries Rise 13%: Reuters

Airbus SE EADSY delivered between 140 and 142 aircraft in the first quarter, up about 13% year-over-year, Reuters reported, citing industry sources.
According to the cited sources, 62 jets were delivered in March, at least some of which came from long-term storage.
The report quoted Jefferies analyst Chloe Lemarie predicting total quarterly deliveries of 139 aircraft this week but noted that production challenges and demand were under scrutiny.
The report further quoted an Airbus court filing connected to a legal dispute with Qatar Airways, stating that as of March, the planemaker was producing 50 narrowbodies a month, including 27 A321neos.
The report noted that the planemaker eventually plans to push output over 70 per month by 2025.
Price Action: EADSY shares are trading lower by 1.39% at $28.33 on the last check Wednesday.