Insight: Wednesday 8 July 2020: The Freighter Gap
Category Airbus
Airbus to slash 15.000 positions
Airbus is to slash 15.000 positions before mid-2021 as it adapts to revised market conditions. The European airframer said on June 30 it needs to resize following a forty percent reduction in production after Covid-19. The announcement was expected only…
A380 fleet status and re-learning lessons
The A380 fleet has been put through a rather unseemly rapid retirement. Our friends at AeroANALYTICA (you’ll hear more about them soon) shared this model on the fleet’s status. Far fewer than Airbus forecast will be produced. The debate over…
Airbus April 2020 YTD O&D
Here is our updated model. No surprise, trading has dropped off the cliff – see Slide 2 Amazingly, Egyptair is the #1 delivery customer YTD Slide 8 shows the MoM remains alive, but only just. For Airbus, this remains a…
Airbus Q1: lower results, response to crisis still assessed
Airbus is still assessing the implications of the Covid-crisis on its outlook and hasn’t announced new measures yet to cope with the “gravest crisis the aerospace industry has ever known”, CEO Guillaume Faury said on April 29 at the presentation…
Airbus cuts production rates – except for A220
Airbus has made the inevitable decision to cut production rates of all types as from this month, it announced on April 8. The unprecedented impact of Covid-19 on air travel has airlines running to seek delivery deferrals and in some cases…