Airbus, Hands

Airbus Hands Lufthansa Group Its 700th Jet, Bundling a Fleet Milestone With a Brand-New Variant

Published on 11/11/2026 at 03:11 | Editorial boerse-global.de
Airbus delivered its 700th aircraft to Lufthansa Group and the carrier's first A350-1000, with 249 jets left to hit its 870-plane 2026 target.
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Airbus delivered its 700th aircraft to the Lufthansa Group, handing over the airline's first A350-1000 in the same transaction. The twin landmark ties a long-running delivery relationship to the carrier's introduction of a new widebody type.

The handover caps a busy stretch for the European planemaker, which is simultaneously pressing toward its full-year delivery target, buying back stock and adding to its defence and space order book.

Delivery Run Rate Leaves 249 Jets to Go

Between January and October 2026, Airbus handed over 621 aircraft. Management is holding to a full-year goal of 870 planes, which by Reuters calculations leaves roughly 249 deliveries to complete before the calendar runs out. October alone accounted for 74 handovers.

Should investors sell immediately? Or is it worth buying Airbus?

Buyback Opens With an EUR 800 Million First Slice

The company's multi-year share repurchase programme, worth up to EUR 5 billion, runs until 31 July 2029, with the acquired shares earmarked for cancellation. A first tranche of up to EUR 800 million opened on the same day as the Lufthansa handover and closes on 23 December 2026.

IRIS Contract Puts Airbus at the Head of a French Consortium

France's procurement agency, the DGA, awarded the IRIS contract for military Earth-observation satellites to Airbus Defence and Space and Thales Alenia Space. The deal is valued at more than EUR 1.5 billion for the consortium as a whole and covers two satellites plus the associated ground systems and services.

Airbus Defence and Space leads the group and will supply both satellite platforms, along with a substantial share of the first satellite's payload and the ground segment.

Drone Qualification Adds a Further Defence Datapoint

Separately, on 3 November the DGA qualified the vertical take-off and landing version of Airbus Helicopters' U010 Aliaca tactical unmanned aerial vehicle. The qualification clears the system for deployment under the SMDM contract.

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