Colin Spence’s Post

  Airbus full year results were presented last week ✈ 735 commercial aircraft delivered with 800 forecast for 2024 Revenues € 65.4 billion; EBIT Adjusted € 5.8 billion Growth at 11% which includes 4% Growth in Defence 💹 Order intake was € 186 billion up 126% year on Year An amazing backlog € 552 billion circa 8 years at current run rate #airbus #aviation #aerospace #technology #innovation #celestica

🛫 The aerospace #supplychain is still stretched. #aircraft manufacturers struggle to get up to speed to serve #airlines and serve on record high orderbooks, but Boeing is obviously running much lower than Airbus. Aircraft that also revised down production forecast. I discussed this with Craig Mellow for Barron's: https://lnkd.in/egegRM-y Find more on what's going on and what's ahead in #aviation here: https://lnkd.in/eqXTCQN5 #ING #aviation

50 Airframes Ordered: The State Of The Airbus A350F In 2024 In July 2021, #Airbus announced that it would be offering a new purpose-built, next-generation freighter in the form of the #A350F. The offering stands out as the only freighter to have a composite airframe - one that promises to offer more range, volume, and payload than the popular #777F. With entry into service now delayed by a few months, the program has been slowly picking up orders. The jet is slightly behind its #Boeing 777X rival in terms of sales but is still projected to enter service earlier. So what is the latest news concerning the Airbus A350F? Read more at: https://lnkd.in/d2JqtuqN #AviationTalk #aviationnews #avgeek #aviation

Towards the end of June, Airbus announced it was revising its 2024 delivery guidance from around 800 aircraft to around 770, citing “persistent specific supply chain issues,” primarily in engines, aerostructures, and cabin equipment. The OEM also pushed back its A320neo family delivery ramp-up, and now says it is targeting an increased rate of 75-per-month in 2027 rather than in 2026. Ishka Analyst Joe McNeil provides updates on Airbus and Boeing delivery volumes and new aircraft orders ➜ https://lnkd.in/eHTxfHmD #aviationfinance #airlines #lessors #investors #aircraft #abs #trade

✈ The Airbus #C295 medium tactical transport aircraft has reached 300 orders. The C295 and its market share have become a success story for the European and Spanish #aerospace #industry (in fact PMA participates in this program). #Airbus shares 45 interesting facts and figures about the aircraft:

🏆Airbus is today the undisputed leader in the commercial #airplane ✈️business. ----- #erratum: in the infographic: where it says revenue in billions it should say millions* ----- Ten years ago, Boeing was generating $91 billion in revenue with 15% gross profit and $9 billion in EBITDA. Airbus, at that time, had $73 billion in revenue, 16% gross profit, and $7 billion in EBITDA. While Airbus has maintained the same revenue, Boeing's revenue has fallen by $15 billion, bringing the two companies to similar revenue levels. Airbus, on the other hand, has maintained EBITDA profitability in the 10% range for the past ten years, while Boeing fell to a negative $6 billion EBITDA in 2020 and has been in the $1 to $3 billion EBITDA range over the past three years. Boeing has also faced significant reputation issues due to multiple incidents, including the 737 MAX accidents in 2018 and 2019, and the Alaska Airlines Flight 1282 accident on January 5, 2024. These events, along with numerous delivery problems, have negatively impacted Boeing's market position and customer trust. ✈️Commercial Aeronautics Airbus 🥇 💰 Revenue: $47.3B (66% of total) 📊 Order Book: $535B (8,598 units: A320 84%, A350 7%, A220 7%, A330 3%) 🧪 R&D Expenses: $3B Boeing 🥈 💰 Revenue: $33.9 billion (43.5% of total) 📊 Order Book: $440 billion (737 narrow-body model, 767, 777, 787 wide-body models) 🚫 Aircraft order cancellations: $12,925 million (primarily 737 and 777X) 🧪 R&D Expenses: $3.4 billion (of which $2 billion in Commercial) Military Aeronautics 🛩️ Lockheed Martin 🥇 💰 Net Sales: $67.6 billion ✈️ Aeronautics Revenue: $27.5 billion (40% of business) 📈 Aeronautics Operating Profit: $2.8 billion (38% of total) 🛩️ Key Products: F-35 program (26% of total consolidated net sales), C-130 Hercules, F-16 Fighting Falcon, F-22 Raptor Boeing 🥈 🛫 Key Products: F/A-18 Models, F-15 Models, CH-47 Chinook, AH-64 Apache 💰 Revenue: $24.9 billion (32% of total, including Defense, Space & Security) 🌍 Non-U.S. Customers Revenue: 42% (including Foreign Military Sales - FMS) 🇺🇸 U.S. Government Contracts Revenue: 37% (including FMS through U.S. government) Airbus 🥉 💰 Revenue: €8.25 billion (11.5% of total) 📊 Order Book: $46 billion Helicopters 🚁 Airbus (reports this segment independently)🥇 💰 Revenue: €4.2 billion (4.5% of total) 📊 Order Book: $23.5 billion Global Services 🌐 Boeing 🥇 💰 Revenue: $19.1 billion (24.5% of total) Airbus 🥈 💰 Revenue: $12.75 billion (18% of total) Financial Overview 2023 📊 #Airbus 💰 Total Revenue 2023: $71.3B 📊 Order Book Backlog: $605B 📈 EBITDA Profitability: Maintained in the 10% range for the past ten years #LockheedMartin: 💰 Total Revenue 2023: $67.6 billion 💵 Net Profit: $6.92 billion 💸 Free Cash Flow: $6.2 billion #Boeing: 💰 Total Revenue 2023: $77.8B 📊 Backlog: $520B 📉 Net change in revenue: -$15 billion over ten years 🔻 2023: Losing $1.5 billion in Commercial and Defense, $3 billion profit in

A turbulent start to the week for Boeing 🛬 In a significant development for the aviation sector, Boeing faced a challenging Monday as its shares listed in Frankfurt experienced a sharp decline, plunging as much as 8%. This downturn follows the recent directive from the U.S. Federal Aviation Administration, which called for the temporary grounding of several Boeing 737 MAX 9 jets. The decision was prompted by an incident involving a panel detaching from an Alaska Airlines jet midair, resulting in an emergency landing. Meanwhile, Airbus, Boeing’s key competitor, seems to be navigating smoother skies. Its shares saw a 2% increase. This upturn is noteworthy, especially as Airbus is set to announce its annual performance, with industry insiders suggesting it delivered 735 planes last year. If confirmed, this would mark Airbus as the world’s largest planemaker for the fifth consecutive year, a testament to its growing market share and resilience, particularly in the wake of the challenges faced by Boeing since 2018. #Boeing #Airbus #AviationIndustry #Aerospace #NYSE #StockMarket #FAA #AirSafety #737MAX #AircraftManufacturing #Algoimperial #Furures #AI

Delta Air Lines' selection of the A350-1000 model to meet its needs further emphasises the fact that Airbus is cathing up with Boeing on the widebody segment. Airbus widebody backlog has increased 23% in one year Airfinance Journal https://lnkd.in/enGCeu-E Airfinance Journal #Airbus

Cirium’s latest 20-year market outlook is now available. Hear from two of the report’s creators, my Cirium Ascend Consultancy colleagues Chris Seymour and Richard Evans, in this on-demand webinar as they discuss five key questions that the latest outlook answers: Airline market dynamics in China and India, aircraft production rate increases, the Airbus and Boeing twin-aisle battle, and the outlook for cargo conversions and newbuild freighter deliveries. Watch for free here: https://lnkd.in/gZaqnvAR

Establishing that airlines are in control of the operational data that is generated by their aircraft will lead to a safer and more efficient industry. This is a big step forward for aviation!