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Goldman Sachs

May 10, 2026

European Aerospace April In Charts

Sector ReportEquitiesIndustrials

This April data update for European Aerospace highlights positive delivery tracking for Airbus and a rebound in engine flying hours for widebody aircraft.

Key Takeaways

  • 1.Airbus first flights are tracking at 234 units year-to-date, slightly ahead of the 225 units recorded last year.
  • 2.Engine Flying Hours (EFH) saw a month-on-month increase in April, driven largely by widebody aircraft traffic.
  • 3.The global fleet of parked PW1100-powered aircraft (AoG) stood at 630 as of April, representing 31% of the fleet.

Table of Contents

  • European Aerospace: 4 key charts
  • Airbus
  • Rolls Royce
  • Safran
  • MTU Aero Engines
  • Disclosure Appendix

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Authors

Sam BurgessJubril MoronfoluMilind Sikchi

Securities

AIRRolls-RoyceSafranMTX

Themes

Aviation Aftermarket RecoveryProduction Ramp-up Tracking

Regions

EuropeGlobalFranceUnited KingdomGermany