Monday Metrics: Deliveries, Flights, Retirements to 12 July 2026

Research evidence excerpt

Monday Metrics: Deliveries, Flights, Retirements to 12 July 2026

EUROPE | Aerospace & Defense

Electronics EquityJulyResearch13, 2026

Monday Metrics: Deliveries, Flights,

Retirements to 12 July 2026

Monday Metrics is our data series focused on key civil aerospace metrics.

It is based on Cirium data for deliveries, retirements, first flights, and

FlightRadar24 data for commercial flights. We thus aim to provide insights

on Airbus production, as well as aftermarket trends for MTU Aero, Safran

and Rolls-Royce. Please contact the team for feedback & suggestions.

Deliveries: Airbus deliveries at 9 MTD, with 7 in the past week. Airbus deliveries at 9 MTD,

with 7 in the past week. Cirium showed Airbus delivering 7 aircraft last week (6 A320, and 1

A350), bringing the July-to-date deliveries to 9 (7 A320, and 2 A350), down vs last year at 15

deliveries (-40% MTD yoy) making the year-to-date deliveries up 12% yoy. As usual, Cirium data

can lag actual recorded deliveries by a few days, hence we would expect actual deliveries to

be slightly ahead of their estimates.

First Flights: Airbus first flights at 25 MTD, with 15 in the past week. Cirium showed 15 first

flights for Airbus last week (14 A320, and 1 A350), bringing July-to-date first flights to 25 (20

A320, 1 A220, 1 A330 and 3 A350). This compares to 33 first flights over the same period last

year (-24% MTD yoy), and we expect c. 70-75 first flights in July.

Retirements level: now at 224 YTD. We have now updated our seasonality to reflect real data

from 2000-2025, vs. our prior assumption of a constant rate of retirement throughout the year.

Using our adjusted run-rate, this would put total 2026 retirements (for the narrowbody and

widebody fleet) at 1.1% and 1.0% of the end-2025 fleet (2025: 1.4% and 1.5% respectively).