Overall, the 9m publication was in line with the estimates for a strong quarter, mainly driven by both the A320neo and A350. However, Airbus has lowered its commercial aircraft delivery guidance by 20 aircraft for 2019 with no impact on EBIT. We therefore see this lower guidance as having a marginal impact on the FY19 financials, while preparing for a more linear 2020 delivery profile on the back of plane handovers.
30 Oct 2019
9m : Fewer FY19 deliveries prepare for a smoother 2020
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9m : Fewer FY19 deliveries prepare for a smoother 2020
Airbus SE (AIR:WBO) | 0 0 2.7% | Mkt Cap: 73,784m
- Published:
30 Oct 2019 -
Author:
Hugo Paternoster -
Pages:
3
Overall, the 9m publication was in line with the estimates for a strong quarter, mainly driven by both the A320neo and A350. However, Airbus has lowered its commercial aircraft delivery guidance by 20 aircraft for 2019 with no impact on EBIT. We therefore see this lower guidance as having a marginal impact on the FY19 financials, while preparing for a more linear 2020 delivery profile on the back of plane handovers.