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Friday, May 31, 2013

EADS Raises Airbus Commercial Aircraft Outlook

By Woodrow Bellamy III

Airbus parent company EADS raised its commercial aircraft order intake guidance this week, the result of strong orders results from the first four months of the year.
(In April, Lion Air placed a $24 billion order for 234 A320 family aircraft. Photo, courtesy of Airbus.)
Through the end of April, Airbus reported a current order intake of 514 gross commercial aircraft orders and "strong commercial activity." The French airframe manufacturer's order numbers helped increase EADS' year-over-year overall revenue by 9 percent to $16 billion during the first quarter.

After originally projecting 700 aircraft orders for 2013, EADS is now "comfortably" projecting gross orders to be above 800 aircraft for the year. 

Related: Aviation Today's Checklist

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