Tag: 2020

Airbus Delivered Almost 560 Planes In 2020

Bloomberg reported that Airbus “was close to delivering 560 planes to customers as of Dec. 31, approaching the top end of its internal target in a year marred by the pandemic-induced collapse of air travel, according to people familiar with the matter.” The total is “short of the record 863 aircraft that Airbus handed over to customers in 2019, but it still would be considered a success given the widespread groundings of fleets as Covid-19 wiped out demand for travel.” The final audited tally will be released next week, according to people familiar with the matter.
Full Story (Bloomberg)

Bell Reports Decline In Year-Over-Year Helicopter Deliveries for Q4

Aviation International News reports that Bell delivered 57 helicopters in the fourth quarter of 2020, down from 76 deliveries in the same period a year prior. Bell reported “revenue of $871 million,” which “was down from $961 million in the fourth quarter of 2019, while profit declined by $8 million to $110 million.” Backlog “was $5.3 billion, compared with $6.9 billion a year ago.”
Full Story (Aviation International News)

Private Investing In Space Companies Reached New Record In 2020

CNBC reports that “private investment in space companies last year set a new annual record,” according to a new Space Capital report. Space Capital managing partner Chad Anderson wrote in the report, “With another $2.9 billion invested in Q4, 2020 was a record year for [space infrastructure companies] with $8.9 billion invested. … Despite expectations that Infrastructure would be hardest hit by the pandemic, 2020 turned out to be a record for investment.”
Full Story (CNBC)

Airbus Delivers 566 Jets In 2020

Reuters reported that Airbus posted deliveries of 566 jets in 2020, making it the world’s largest planemaker. Deliveries “fell by 34% from a record posted a year earlier, when travel demand was riding high on the increasing mobility of consumers in fast-growing markets across Asia.” However, the total exceeds “estimates earlier in the year when the coronavirus crisis led to a lockdown of major travel markets.” Airbus “deliveries rose sharply in the second half of the year compared with the first months of the crisis as Airbus made a push for delivery agreements with many airlines, in some cases allowing for temporary storage, according to industry sources.”
Full Story (Reuters)