Airbus Raises Forecast For New And Old Aircraft Deliveries

Airbus SE EADSY provided an update for airplane deliveries for 2023-2042.

The company raised expectations for new airplane deliveries to 40,850 (from 39,490 issued earlier), of which 32,630 will be Single Aisle and 8,220 Widebody flights.

The company expects Freighters demand to reach 2,510 aircraft, of which 920 are new builds, over the next 20 years.

Airbus also increased its outlook for the replaceable old aircraft count to 17,170 units (from 15,440 earlier). 

With this, Airbus expects its fleet in service to reach 46,560 aircraft in 2042.

Airbus expects the demand for passenger traffic to increase annually at a 2019-2042 CAGR of 3.6%, with freight traffic of 3.2%, over the next 20 years.

The company projects growth to be higher in Asia, mainly China and India.

Also Read: Airbus Records 34% Growth In May Deliveries

Price Action: EADSY shares closed higher by 0.75% at $35.10 on Tuesday.