Airbus cuts delivery target and delays jet production goal
Airbus on Monday lowered its 2024 total delivery target to around 770 airplanes from around 800 and pushed back a targeted deadline for reaching production of 75 narrow-body airplanes per month to 2027 from 2026.
Europe’s largest aerospace group also said it was taking charges of around 900 million euros on certain telecommunications, navigation and observation space programmes.
→ Airbus demonstrates A330neo performance during high-altitude test
“We are ramping up but more slowly than expected,” Airbus CEO Guillaume Faury told reporters.
The downward revision in industrial forecasts comes weeks after Reuters reported that Airbus was facing a new set of output delays as it grappled with increased parts shortages.
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