ENXTPA:AIRAerospace & Defense
Will Korean Air and Air China Cargo’s A350 Freighter Deals Shift Airbus' (ENXTPA:AIR) Long-Term Growth Story?
In the past week, Korean Air converted seven Airbus A350-1000 passenger aircraft orders to the new A350 freighter, while Air China Cargo announced plans to acquire up to 10 A350 freighters, expanding Airbus's market leadership in next-generation cargo aircraft.
These major commercial wins coincided with Airbus reporting strong third-quarter earnings, highlighting a resilient order backlog and renewed momentum in the cargo and freighter market segment.
We’ll now explore how Korean Air’s...