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News

Airbus Soars Beyond Expectations? 2023 Airplane Deliveries Reportedly Surpass Target Of 720

Author: Nabaparna Bhattacharya | January 02, 2024 01:43pm

Airbus SE's (OTC:EADSF) (OTC:EADSY) airplane deliveries reportedly added up to the mid-730s in 2023.

The European multinational aerospace company is beating a target of 720, Reuters reported, citing unnamed sources.

In December-end, the company delivered its first Airbus A321neo assembled at its newest A320 Family Final Assembly Line in Toulouse. 

The company delivered 64 aircraft in November, down 6% year over year, to bring the deliveries to 623 units back then.

Airbus' deliveries in 2023 began slower but have accelerated since the summer. 

The European plane manufacturer was recently in the headlines as one of its subsidiaries was reportedly advancing in developing high-altitude, solar-powered drones designed to provide communication services.

Price Action: EADSY shares traded higher by 0.13% to $38.62 on Tuesday.

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Posted In: EADSF EADSY

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