Morgan Stanley | According to the latest data from Cirium (an aviation data provider), Airbus delivered 64 aircraft in March (up 60% month-on-month and 2% year-on-year), accumulating a total of 129 in Q1 2025, which is below full-year guidance but better than expected, both by Ross Law (analyst) and the consensus (127). In fact, Law believes that the number of deliveries may be higher if we take into account the typical lag in Cirium data. In any case, he believes that this figure improves visibility in relation to supply chains and the company’s execution, reduces risks around FY production increase, should reinforce market confidence and support a re-rating.
Airbus delivers 64 aircraft in March, 129 in Q1, below guidance but better than expected
