Airbus expects to deliver 566 commercial aircraft in 2021

Aerospace major Airbus SE will deliver 566 aircraft to its customers in 2021, the same number it had supplied in 2020, as the company doesn't expect any further disruption to the world economy, air traffic or internal operations, the French plane-maker said on Thursday.

Airbus had delivered 566 commercial aircraft during 2020, a year that was marred by adverse market environment due to the outspread of covid-19 pandemic.

The company predicted an adjusted EBIT (operating profit) of 2 billion euros ($2.4 billion) during calendar year 2021, on the back of breakeven free cash flow before M&A (mergers and acquisitions) and customer financing.

“Many uncertainties remain for our industry in 2021 as the pandemic continues to impact lives, economies and societies," Airbus' Chief Executive Officer Guillaume Faury said in a statement.

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Source: https://www.livemint.com/news/india/airbus-expects-to-deliver-566-commercial-aircraft-during-2021-11613635913325.html

 

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