Seventeen airplanes are now scrapped from the order book leaving 72 orders from Go First on the books and I would expect that over time these orders will also be cancelled. The cancellations are driven by the collapse of Go First, which has a significant number of Airbus airplanes on order. While Airbus says it no longer saves up orders to be announced during air shows such as the upcoming Paris Airshow in June, this could still be a reason for the underwhelming order inflow.Īirbus logged 17 gross orders with a value of $1 billion, while it scrapped 17 orders valued at $940 million from the books, bringing the net orders to zero orders with a value increment of $40 million. Another reason might be that Boeing ( BA) is back in the game, Airbus had years to scoop up orders while Boeing had its fair share of difficulties and whatever was ordered years ago are orders that can't be added today so that might also be a reason for the relatively low order inflow. One reason could be the continued delivery delays which makes airlines less likely to commit to purchases as the timelines for deliveries remain unclear and Airbus is pretty much sold out on the A320neo program for years to come. However, there could be reasons for Airbus having difficulties finalizing orders. Fluctuations in orders happen from month-to-month, so there is no immediate reason to worry. May was once again not an exciting month. Virgin Atlantic Airways cancelled orders for one Airbus A330-900.Go First cancelled orders for 16 Airbus A320neo airplanes.Yuneao Airlines was identified as the customer for one Airbus A321neo.CMB Financial Leasing was identified as the customer for one Airbus A321neo.Chengdu Airlines was identified as the customer for two Airbus A320neo airplanes.BOCOMM Leasing was identified as the customer for two Airbus A320neo airplanes.Azul ( AZUL) seemingly took over a delivery slot from BOC Aviation one Airbus A320neo.NAS Aviation Services converted orders for three Airbus A320neos to orders for three Airbus A321neos.AerCap ( AER) converted orders for five Airbus A320neos to orders for five Airbus A321neos.

Delta Air Lines ( DAL) ordered one Airbus A330-900.ĭuring the month, the following changes were made to the order book:.One or multiple unidentified customers ordered nine Airbus A320neos.BOC Aviation ( OTCPK:BCVVF) ordered seven Airbus A320neos.The orders consisted of one wide body airplanes and 16 single aisle jet with an estimated value of $1 billion: In May, Airbus booked 17 gross orders, marking a sequential increase of 12 orders. There are some positives such as improving demand profiles for airplanes in all seat classes as well as longer term plans to increase production. Year-to-date, the performance of Airbus stock is strong showing the outperforming nature of the industry. Perhaps the somewhat underwhelming first quarter results have also not helped Airbus stock lift off. There was no big news item or event that significantly moved the stock price but the collapse of Go Air, which has a significant number of Airbus airplanes on orders has not helped supporting the stock price and there might have been some negative attention for the Airbus A220neo and Airbus A320neo family which are powered by the troubled geared turbofan manufactured by Pratt & Whitney ( RTX). In May, Airbus stock underperformed the markets. During the month of May, EADSF stock lost 5.3% compared to a 0.5% gain for the broader market, and year-to-date we are looking at a 16.8% gain compared to almost 12.4% for the broader market. So, looking at stock prices is very relevant.

After all, we are doing the analysis to align investors to make money. How Is Airbus Stock Performing?Īirbus Stock Price Development (Total Return)Īs I provide the reports on a monthly basis, it is also interesting to look at what Airbus stock has done over the month. In this report, I will be analyzing the Airbus orders for May 2023 as well as the deliveries. While the release of monthly orders and other order news does not always directly impact the Airbus stock price, it is important to keep track of the orders and deliveries because this provides the smallest blocks of information from which we can assess how things are going for the European jet maker and detect trends early on. Each year, I provide monthly overviews for orders, cancellations, deliveries, and other order book mutations for Airbus SE ( OTCPK:EADSF).

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