Airbus deliveries rose 11% in first seven months

An Airbus A321 neo flies in 2017 near Paris

An Airbus A321 neo flies during a flying display at the first day of the 52nd Paris Air Show at Le Bourget airport near Paris, France June 19, 2017. REUTERS/Pascal Rossignol/File Photo

PARIS, Aug 4 (Reuters) – Airbus (AIR.PA) deliveries rose 11% in the first seven months of the year to 381 airplanes, the European planemaker said on Friday.

For July, deliveries stood at 65 aircraft, it said in a monthly commercial update, confirming a Reuters report.

After a slow start to the year, deliveries have picked up in pace since May as Airbus targets 720 deliveries for the year.

Airbus reaffirmed the delivery goal with half-year earnings last week but dropped an interim target for underlying output of 65 narrow-body jets a month by end-2024, up from around 47 now.

Airbus also said it had booked 60 gross orders in July, including previously announced deals with Pegasus Airlines (PGSUS.IS) for 36 more jets and with Icelandair for 13 A321XLR, the planemaker’s newest single-aisle model.

So far this year, it has booked 1,140 gross orders or 1,101 after cancellations, dominated by record demand from India.

New orders also included a total of 10 A350-900 long-haul jets from undisclosed buyers and one from IAG for Iberia.

IAG (ICAG.L) said last week it was converting options for six Boeing 787-10 held by British Airways and one Airbus A350-900 held by Iberia into firm orders, and taking out new options for a further six 787-10.

Airbus data also showed that three A350-900 jets had been cancelled, without the name of the buyer ever having been disclosed.

About 7% of the outstanding Airbus order backlog of almost 8,000 jets is unidentified, over and above 17 privately owned planes that have yet to be delivered.

Reporting by Tim Hepher; Editing by Jason Neely and Jacqueline Wong