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Airbus sees 700-plus deliveries in 2017

Jan. 11, 2017 11:34 AM ETAirbus SE (EADSF) StockEADSY, EADSFBy: Carl Surran, SA News Editor1 Comment
  • Airbus (OTCPK:EADSF, OTCPK:EADSY) expects to deliver more than 700 aircraft in 2017, CEO Fabrice Bregier says, after delivering a record 688 planes in 2016 after a last-minute rush to produce planes.
  • Airbus delivered a record 111 aircraft in December, but Bregier predicts a smoother flow of production in 2017.
  • Problems with engines for the A320neo were one of the issues during 2016, and the CEO says the Pratt & Whitney engines now are working well, but "that doesn't mean they don't need to be improved."
  • Responding to concerns of slowing orders, Airbus sales chief John Leahy says any order deferrals are manageable because the company has a large backlog.

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