Sigma Labs Inc (SASI)

[GetRich1day]

Airbus orders ramping up

Quality identified as an issue. SGLB will help to address that.

To reach a full-year goal of 880-890 deliveries, Airbus must break last year’s record of 297 handovers in the last quarter - a target Credit Suisse called “ambitious but achievable”.

Airbus delivered 571 jets in the first nine months of 2019.

Its shares rose up to 2.6% as investors reckoned the planemaker would repeat a previous pattern of successfully ramping up deliveries sharply in the final months of the year.

However, industry sources said the jetmaker faces continued challenges at a Hamburg plant responsible for the in-demand A320neo, where deliveries have been hit by a blend of production snags, supplier delays, staff shortages and quality problems.

“I don’t think the situation will completely turn around until next year,” a person familiar with the operation said.

https://www.reuters.com/article/us-airbus-orders/airbus-sold-41-jets-in-september-targets-record-fourth-quarter-deliveries-idUSKBN1WM1YX