Airbus deliveries dive in coronavirus-hit first half of year

COVID-19 crisis has crippled deliveries

Airbus (AIR.PA) deliveries plunged to 196 aircraft in the first half of the year from 389 in the same period a year earlier, the planemaker said on Wednesday.

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Deliveries have been crippled by the coronavirus crisis, which brought a halt to a lengthy aerospace industry boom and wrecked expectations for another record year of output.

AIRBUS CUTTING 15000 JOBS AMID CORONAVIRUS CRISIS

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Airbus also reported 365 gross orders for the first half, or 298 net orders after stripping away cancellations, the first figure being unchanged versus the total reported for the January-May period. Net orders are down one compared to the total published a month ago.

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