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Airbus Delivers More Than Expected in First Half, Despite Supply Chain Concerns
Jul 2, 2024 7:20 AM - Parth Sanghvi
Image credit: Andrés Dallimonti
Airbus deliveries reportedly rose 2% in the first half of 2024 compared to the same period last year, according to industry sources. This is despite ongoing supply chain challenges that have plagued the aerospace industry.
Preliminary Numbers Point to Positive Growth
Industry insiders estimate that Airbus delivered a total of around 67 aircraft in June, bringing the first half-year total to approximately 323 deliveries. This represents a 2% increase from the first half of 2023.
Headwinds from Supply Chain Issues
Airbus, however, has recently trimmed its full-year delivery forecast to 770 planes, down from an earlier target of 800. This revision reflects the persistent supply chain disruptions impacting the entire aviation sector.
Official Data Expected Soon
Airbus has declined to comment on these figures, and official data on deliveries for the first half is expected to be released on July 8th.
FMP Daily Chart API: Unlocking Insights on Airbus
While news articles offer a snapshot, in-depth analysis requires historical data. Consider the FMP Daily Chart API to gain valuable insights into Airbus's performance:
- Track Delivery Trends: Analyze historical delivery data for Airbus over several years using the FMP Daily Chart API. This can help you identify trends and assess the impact of factors like supply chain disruptions.
- Compare Performance: Evaluate how Airbus's deliveries stack up against its competitor, Boeing.
- Assess Future Outlook: Analyze historical data alongside Airbus's revised forecast to form an informed opinion on the company's future delivery targets.
Empower Your Investment Decisions
News headlines provide a starting point, but go beyond the surface with the FMP Daily Chart API (Link to FMP Daily Chart API Docs: https://site.financialmodelingprep.com/developer/docs/daily-chart-charts) to make informed investment decisions about Airbus.
Disclaimer: I am not a financial advisor and this is not financial advice. Please consult with a qualified financial professional before making any investment decisions.
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