Airbus delivered 53 aircraft in May, down 16%

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European manufacturer Airbus reported Thursday that it delivered 53 aircraft in May, down 16% from the same month last year, bringing the number of aircraft delivered since January 1 to 256.

It also indicated that it had sold 27 aircraft in May, including 20 A330neo to an unidentified customer.

So far this year, Airbus has sold 254 airplanes, or a net total of 237 after cancellations.

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Jefferies analyst Chloe Lemarie described the published tally of 53 deliveries as a “setback”.

While May was affected by a high number of weekday holidays in France, where Airbus has two out of eight narrow-body assembly lines, Airbus must achieve “significant catch-up” to reach stable deliveries for the quarter, Lemarie said in a note.

The manufacturer’s target is to make 800 deliveries this year.