Civil Aviation

Airbus Achieves Record Deliveries, A321 Neo Dominates Market

Airbus Dominates Commercial Aviation: A Deep Dive into Deliveries, Market Dynamics, and Financial Triumphs
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European manufacturer Airbus reached 559 aircraft deliveries by October 2023, marking a 12.5% increase from the previous year. The notable surge is attributed to successful deliveries of the A321neo and A220-300 models, positioning the company well to achieve its goal of 720 commercial jets by December.

A321 Neo Soars as Airbus Money-Maker

The star of Airbus, the A321 Neo, has outshone its smaller counterpart, the A320 Neo, both in orders and deliveries. According to data from the Aviation Values provider, the A321 Neo’s financial success surpasses that of Boeing’s 737 Max 8 and Max 9, securing Airbus a significant lead. The Air Insight portal calculated the average values, revealing the A321 Neo’s average delivery value of $58.57 million compared to the Max 9’s $56.70 million, giving Airbus a $5.5 million advantage with each delivery.

Financial Impact and Order Book Dominance

With a combined 1,411 deliveries of the A320 Neo and A321 Neo, Airbus earned around $5.5 million more per delivery than Boeing, totaling $76.0 billion. This staggering advantage, approximately $30 billion more than Boeing, underscores Airbus’s financial dominance. The comparison highlights the importance for Boeing to certify the Max 10, as it competes directly with the A321 Neo. However, Airbus maintains a substantial lead with open orders for 4,349 units of the A321 Neo alone, nearly equaling Boeing’s total Max family orders.

October 2023 Delivery Surge

In October 2023, Airbus delivered an additional 71 commercial aircraft, bringing the total deliveries for the year to 559. This marks a 12.5% increase compared to the same period in 2022, providing a comfortable margin to reach the annual target of 720 deliveries. Despite persistent production chain challenges, particularly related to Pratt & Whitney GTF engines for the A320neo family, the A321neo remains the driving force behind the delivery surge, with 250 units delivered—55 more than in 2022.

Model-wise Breakdown

A321neo: The most ordered model in Airbus’s history, contributing significantly to the increased delivery numbers with 250 units delivered in 2023, a notable rise from the previous year.

A220-300: Experiencing a 45.5% increase in deliveries in 2023 compared to the entire previous year, showcasing the model’s growing popularity.

A320: The A320, in its new A320neo version, has matched the previous year’s delivery numbers with 250 units.

Wide-body Jets: While overall wide-body deliveries have slightly decreased, Airbus managed to deliver more A330-900s. However, the A350-900 deliveries experienced a decline.

Despite challenges in the production chain, Airbus remains on track to meet its ambitious delivery targets, solidifying its position as a leader in the commercial aviation industry.

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