Page 27 - World Airnews Magazine June 2020 Edition

MANUFACTURER MANUFACTURER

AIRBUS SEES MORE PAIN IN THREE BOEING DREAMLIFTERS

COMMERCIAL MARKET

During the first quarter, Airbus delivered First-quarter net orders for the A320

122 airliners to 49 customers. This was 40 stood at 248 and the backlog at 6,220 units.

irbus does not expect to have fewer than in the first three months of last According to Airbus, the narrowbody
year and 60 aircraft could not be delivered

Aclear visibility of the full short- to due to order deferrals or because airlines family has increased its market share from
medium-term impact of the Covid-19 crisis were physically not able to take delivery. 58 to 60 percent.
until June. Faury indicated that most of the suspend- Responding to analysts’ concerns about

In a briefing for financial analysts recently ed deliveries were for operators in China the condition of the aerospace supply
to announce first-quarter results for 2020, and Europe, where government-imposed chain, Faury acknowledged that many

the European aerospace group indicated that restrictions impeded operations. companies will suffer a big drop in cash

it will likely defer decisions on steps to right- In view of the continued uncertainty over flow through the second and third quarters

size the business for another two or three market conditions, Airbus said that it will of this year.

months to allow more time to reassess the continue to withhold financial guidance on He said that Airbus is working with

situation of its airline customers and also to prospects for 2020. Faury said that he ex- national industry associations to try to
get more complete guidance from govern- pects the third quarter to mark a low point sustain the supply chain, adding that the
ments on steps to ease lockdown restrictions. in terms of deliveries for this year, adding most urgent cases are companies that

According to Airbus, its first quarter that, in some cases, rates will depend on the entered the crisis in a weak position,

results only partially reflect the impact so outcome of on-going discussions over possi- including those who have lost income

far of the pandemic. The group’s adjusted ble government relief for individual airlines. from the grounding of Boeing’s 737
operating profit was down by 49 percent Gross airliner orders for the first quarter Max aircraft. converted Boeing 747-400 large cargo freighter - the medical cargo

compared with the same period in 2019 at stood at 356, which was reduced by 66 This year, Airbus now intends to reduce was transported in the lower lobe of all three aircraft, while 787

€281 million or (US) $305 million on reve- confirmed cancellations to a net rate of capital expenditure by around €700 oeing has completed another set of COVID-19 airlift mis- component parts were flown in the main deck cargo hold.

nues that were 15 percent down at €10.6 290, leaving the backlog at 7,650 units. The million or (US) $761 million to €1.9 billion Bsions and deployed three Dreamlift er aircraft to transport Boeing donated the cost of the mission transport, with Atlas Air
billion or (US) $11.5 billion. cancellation rate for the first quarter was (US) $21 billion by suspending or defer- more than 150,000 protective eye goggles and face shields from operating the flights on behalf of Boeing. Boeing has scheduled ad-

Its cash flow for the quarter took an ex- actually lower than that of last year. ring activities deemed not to be critical. China to the United States. ditional flights, to deliver a total of 400,000 units of PPE to MUSC,

ceptional hit from the €3.6 billion (US) $3.9 “The industry is now facing the gravest However, Faury said that the group will Boeing worked in partnership with the Medical University of South in the near future. Q
billion penalty the company paid to settle crisis in its history and we have a strong continue to spend on priority research Carolina to deliver the personal protective equipment to frontline

corruption charges imposed last year. focus on matching production to demand and development areas, including the health care professionals in the MUSC system.

Group CEO Guillaume Faury told analysts and also cash containment,” Faury said. “decarbonisation” of aviation, digital "This delivery puts essential personal protective equipment in the

that the greatest Covid-19 impact so far has “In the long-term, we are convinced that technology, and robotization in the pro- hands of South Carolina's frontline health care professionals and PRECIOUS SLUNG

been on its commercial aircraft business. Its people will still need and want to fly. We duction process. helps MUSC further support the community during the COVID-19

short-term reaction has been to scale back believe we have the right product port- Earlier this month, Airbus announced that pandemic," said Boeing president and CEO Dave Calhoun. CARGO...

production rates by around a third to 48 units folio and a strong position with the A320, it is tapping government-backed payroll

per month, including 40 A320s, six A350s, including the development of the new protection support schemes. This has "I am incredibly proud of our Boeing team members throughout Insure now with
and two A330s. The A220 production line in longer range XLR model. We expect the resulted in around 3,000 workers being the world for their work to help stop the spread of COVID-19 and DJA Aviation.

Canada is expected to return progressively to narrowbody sector to recover before the furloughed on close to full pay in France thankful for our government and industry partners that have joined
us in the pandemic response."
a monthly output rate of four aircraft. widebody market.” and a further 3,200 in the UK. Q The MUSC health team will use the PPE as they support the revital-

isation of the economy and ramp-up COVID-19 community outreach

efforts, including diagnostic testing and antibody testing, across

STILL FLYING HIGH South Carolina. MUSC Health, under the guidance of the South Car-
olina legislature and in partnership with South Carolina department
of health and environmental control has established mobile screen-

ing and collection sites in rural and underserved areas. The mobile
setup allows health care providers to rotate sites, reaching people DJA Aviation is the longest-established aviation insurance
experiencing barriers to health care access for COVID-19 screening. broking specialist in the South African insurance market and a

Rural and underserved communities have experienced disparities in market leader in developing customised insurance products for

access to COVID-19 screening, testing, prevention and treatment in the aviation industry. We employ more than 30 staff and utilise

South Carolina and across the U.S. this great depth of aviation insurance knowledge, skill and
expertise to manage our clients’ aviation insurance portfolios.

The MUSC health team leading this effort were the first in the US

to launch a combined virtual urgent care platform and drive-through

This Motor Sich Antonov An specimen collection site. They are now bringing a version of this

12 was a welcome visitor at successful model to the communities that need it most.

Luqa airport. It arrived for "On behalf of our entire MUSC family, I'd like to extend a heartfelt

a crew rest on May 5 from thank you to the Boeing team for helping to make this critical PPE

Abuja in Nigeria before shipment possible," said MUSC president David J. Cole. PROUD SUPPORTER OF
THE SOUTH AFRICAN

continuing with its flight to "These goggles and face shields will allow us to continue to GUIDE-DOGS ASSOCIATION
Amman, Jordan. The aircraft expand our ability to test and monitor for COVID-19 as business-

is a real flying dinosaur es and communities start to move forward. Boeing and MUSC Defining the Right Approach to Aviation Insurance

having been manufactured have a longstanding partnership, and this delivery is yet another
way back in 1969. Photo example of two great South Carolina institutions coming together www.dja-aviation.co.za | Tel: 0800 FLYING
by Rowen Aquilina. in support of our local community." An Authorised Financial Service Provider FSP No. 15808

Similar to previous airlift missions flown by the Dreamlifter - a
World Airnews | June 2020 World Airnews | June 2020
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