Airbus Stock Shows Signs Of Recovery As Orders Surge Despite Global Economic Uncertainty
Although these numbers need to be compared to the current geopolitical climate to better gauge the enormity of these orders. With the pandemic grinding international travel to an almost complete halt in 2021, both Airbus and Boeing (NYSE: BA) had witnessed cancellations or downgrades of confirmed orders. Despite these tailwinds, Airbus finished the year with 611 planes delivered, an increase of 8% compared to 2020. As per the company, in 2021 they witnessed a massive increase in orders, a slight increase in deliveries, and a slight decrease in backlog, compared to 2020....