Jefferies sees Airbus stock October deliveries down 17% year-over-year

Jefferies predicts a 17% decline in Airbus' October aircraft deliveries compared to the same period last year, according to data from Cirium. The investment firm reported 65 aircraft deliveries in October, a decrease from 78 in October 2025. Among these, 24 aircraft were delivered within the past week, including 3 A220s, 19 A320s, 1 A330, and 1 A350.

Year-to-date deliveries have only increased by 5% compared to last year. The 7 A220s, 48 A320s, 4 A330s, and 6 A350s delivered in October contrast with the 78 aircraft delivered in the same month last year. Airbus also reported 77 first flights in October, with 10 occurring in the past week, compared to 76 first flights in the same period last year.

These 8 A220s, 61 A320s, 2 A330s, and 6 A350s mark a decrease from 76 first flights in October 2025. Jefferies anticipates approximately 90 to 95 first flights in November. As of October, aircraft retirements total 389 year-to-date. Jefferies estimates that retirements for narrowbody and widebody fleets in 2026 could reach 1.4% and 1.1% respectively of the fleet at the end of 2025.

CFM56 retirements year-to-date stand at 174, up from 162 in the previous year. Storage of aircraft has increased to 4,231 from 4,142 the previous week. FlightRadar24 data indicates a 3.3% decrease in commercial flights week-over-week, with 132,600 flights per day recorded. This represents a decline of 17% from 2019 levels but an increase of 1% year-over-year.