Airbus Orders Surge in August
During 2021, Airbus (OTC: EADSY) has extended its recovery from the shock of the COVID-19 pandemic. The European aerospace giant delivered 297 commercial jets in the first half of the year, putting it on track to meet its guidance for 600 deliveries this year. Last year, the company delivered 566 commercial jets, as the pandemic sapped demand.
The only blemish on Airbus' recovery in the first half of 2021 was that it captured just 165 gross aircraft orders -- and only 38 net of cancellations. However, order activity revved up in August. That's great news for Airbus shareholders.
Image source: Airbus.
Source Fool.com
