By Kim Richters 

Airbus SE said Friday that its deliveries dropped 34% in 2020, with 566 commercial aircraft delivered to 87 customers.

The European aerospace giant said it received 383 new orders during the year and net orders came in at 268, compared with 768 in 2019.

Airbus said it had a backlog of 7,184 aircraft after 115 cancellations by year end.

"Based on our 2020 deliveries we are cautiously optimistic as we look into 2021, although challenges and uncertainties remain high in the short term," Airbus Chief Executive Guillaume Faury said in a statement.


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(END) Dow Jones Newswires

January 08, 2021 12:06 ET (17:06 GMT)

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