So far this year, Airbus has sold 379 planes or a net total of 300 after cancellations. Photo: Getty
So far this year, Airbus has sold 379 planes or a net total of 300 after cancellations. Photo: Getty

Airbus (AIR.PA) reached the highest number of monthly deliveries in September, although order activity remained quiet as COVID-19 continues to hammer the aviation sector.

It delivered 57 jets in September this year, up from 39 in August and exceeding the 55 achieved in February 2020, just before the onset of the airline crisis.

The European planemaker made 341 deliveries over the last nine months including 18 A220s, 282 A320 Family, 9 A330s and 32 A350s. This figure was down 40% from the 571 deliveries the same period last year, with the fall in output triggered by the pandemic.

A significant number of planes were delivered from a parked backlog. Its backlog stands at 7,441 aircraft compared to 7,133 at the same point in 2019.

The only order change registered was the

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By Tim Hepher

PARIS, Oct 9 (Reuters)Airbus AIR.PA reached the highest number of monthly deliveries of passenger planes so far this year in September, but logged no new sales as crisis-hit airlines continue to bleed cash.

The European planemaker delivered 57 jets in September, up from 39 in August, bringing nine-month deliveries to 341, down 40% from the same period of 2019, company data showed on Friday.

The drop matches a 40% output fall triggered by the coronavirus crisis, with Airbus deciding last month to maintain the new rates unchanged. A significant number of jets were delivered from a parked backlog.

Airbus axed guidance at the outset of the pandemic but is internally targeting around 500 deliveries in 2020 and is three quarters of the way towards its goal, industry sources said.

It delivered a record annual total of 863 jets in 2019.

Jet markets are moribund

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By Allison Lampert

MONTREAL (Reuters) – Honeywell Aerospace <HON.N> on Tuesday cut its outlook for business jet deliveries, but held out hope that most future orders would escape the punishing effect of the COVID-19 crisis that has battered the aviation sector.

Honeywell’s 2020 business aviation outlook forecasts up to 7,300 new business jet deliveries worth $235 billion from 2021 to 2030, down 4% from the same 10-year forecast a year ago.

Yet 80% of business jet operators surveyed in the outlook say their aircraft purchase plans have not been affected by COVID-19, it said.

Corporate planemakers like Canada’s Bombardier Inc <BBDb.TO>, U.S.-based General Dynamics Corp’s <GD.N> Gulfstream Aerospace, and France’s Dassault Aviation SA <AVMD.PA> are closely watching to see if a summer rebound in corporate flights will last and generate demand for new aircraft.

“We are seeing corporate customers expressing interest in growing their fleets so they can fly more

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By CATHY BUSSEWITZ, AP Business Writer

NEW YORK (AP) — FedEx earned $1.25 billion in its latest quarter, as online shopping remained popular among customers avoiding stores and shipments between businesses improved.

The delivery giant reported Tuesday that it brought in $19.3 billion in revenue during the three months that ended Aug. 31, FedEx’s fiscal first quarter.

Many people are shopping online during the pandemic, which is helping some delivery companies. But delivery to homes is less profitable than those between businesses, and business deliveries slowed as the pandemic dragged on and some establishments remained shuttered.

The Memphis-based company did not provide an outlook for the full 2021 fiscal year.

“While business demand improved in the first quarter, continued uncertainties cloud our ability to forecast full-year earnings,” said Alan B. Graf, Jr., FedEx’s chief financial officer.

Revenue in its core Express segment grew to $9.65 billion in the quarter, up

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a pink car on a city street: Photograph: Gill Allen/Rex/Shutterstock


© Provided by The Guardian
Photograph: Gill Allen/Rex/Shutterstock

Royal Mail has signalled that it may ask the regulator to drop Saturday letter deliveries, as the pandemic accelerates the long-term decline in volumes, and online shopping drives a boom in parcels.

Royal Mail, which delivered 1.1bn fewer letters year-on-year in the five months to the end of August, hinted that it is likely to question whether Saturday letter deliveries should continue when it contributes its findings into what consumers need from its service to a review being conducted by postal regulator Ofcom.

The group, which is facing strong resistance from unions over a five-year plan to refocus as a parcels business, revealed the headline insights on where the business should focus from surveys of thousands of customers and hundreds of sessions with staff.

The group said that while there is still a demand for an affordable next-day letters service – it

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(Bloomberg) — Airbus SE delivered 39 jets last month while avoiding order cancellations as it battles to keep revenue flowing in a market battered by the coronavirus crisis.

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August handovers comprised 35 A320-series narrow-body planes and four twin-aisle jets, the Toulouse, France-based company said late Tuesday. The overall tally is down 10 planes from July.

Boeing Co. said it delivered 13 planes in August, in an update overshadowed by news that handovers of the 787 Dreamliner are to be slowed for checks for a new manufacturing flaw involving gaps in the plane’s horizontal stabilizer that are wider than specified.

Read: Boeing’s Latest 787 Flaw Puts Most of Fleet Under Scrutiny

Airbus deliveries have so far held up better during the pandemic than its U.S. rival. Boeing continues to wrestle with cancellations of its 737 Max short-haul plane, grounded last year following two deadly crashes. The European company has

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(Bloomberg) — Emirates has decided on its preferred mix of new Boeing Co. wide-body planes, with the focus likely to be on smaller aircraft rather than jumbo jets following a slump in demand amid the Covid-19 pandemic.



A Boeing Co. 777X airplane sits on the assembly floor at at the company's facility in Everett, Washington, U.S., on Wednesday, March 6, 2020.


© Bloomberg
A Boeing Co. 777X airplane sits on the assembly floor at at the company’s facility in Everett, Washington, U.S., on Wednesday, March 6, 2020.

The Dubai-based carrier has been pushing to swap more of Boeing’s behemoth 777X jets — of which it has ordered 115 — for 787 Dreamliners. Emirates has finalized its position on the composition of the intake, Chief Operating Officer Adel Al Redha said in an interview Thursday, declining to provide details.

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Negotiations are ongoing, including on the timing of the plane deliveries, Al Redha said. Emirates prefers to take the smaller Dreamliner sooner rather than later as it “offers better seat capacity” at a time

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