Investing.com — Airbus SE ( OTC: ) moved closer to its projected 2024 aircraft delivery target by delivering 766 aircraft, the highest rate in six years.
This jump in deliveries comes as customers increasingly opt for fuel-efficient models such as the A321neo.
The 766 planes delivered were just four short of the company’s goal of 770 planes by 2024. That goal appeared stretched for much of last year, as the planemaker faced challenges ramping up production rates.
The A321neo model played a significant role in Airbus deliveries, accounting for 60% of narrowbody aircraft deliveries. This further strengthened the position of the A321neo as the best-selling aircraft in the world.
In addition to the high delivery rate, Airbus also reported a total of 826 net orders for last year. This increased the company’s backlog to a total of 8,658 aircraft.
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