Airbus is filling an 8,000 airplane backlog amid strong demand

Airbus is racing to meet strong global demand — with the aim of delivering 720 planes this year. But in the long run, it will have to fight for share because of a growing rivalry with China’s manufacturers. “We have a huge backlog, 8,000 airplanes at this point — and goes into the future,” said Airbus Americas Chairman and CEO Jeff Knittel. “Demand is exceptionally strong, both on single aisle and widebody.” Knittel — speaking at the Skift Aviation Forum in Fort Worth, Texas, on Wednesday — attributed the demand to industry growth and shorter replacement cycles for older aircraft. The Airbus Americas chairman said they’ve improved their delivery times for aircraft since the pandemic. They’ve also improved their supply chain partnerships. Sustainability, not faster travel, is being prioritized by Airbus. Knittel also doesn’t expect supersonic planes like the Concorde to “have a huge market.” “Our focus is sustainability,” said Knittel. “If you’re focused on sustainability, then having an airplane with fewer seats, flying faster, which is a big advantage, we’re going toward more an approach of density,” said Knittel. Airbus is putting its investment into building hydrogen-powered planes to achieve carbon neutrality. The aircraft company aims to have a hydrogen airplane in service by 2035. Airbus is investing in sustainable aviation fuel as it converts its fleets to hydrogen. “The key for us today is hydrogen,” he said. “We’re putting in a lot of effort and money into hydrogen.” <br/>