Airbus has revised downwards some forecasts of its guidance in 2024, the most significant in relation to the number of commercial aircraft to be delivered.
According to the updated guidance, 770 aircraft should be delivered in 2024, 30 less than the previous forecast. The total, however, is 50 planes higher than the 2023 target, in which Airbus achieved 735 deliveries.
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Another target was postponed, the production rate of 75 jets from the A320 family, which will now only be reached in 2027 and not in 2026.
The explanation given by the company is related to “persistent specific supply chain issues mainly in engines, aerostructures and cabin equipment.”
One of the problems involves the Pratt & Whitney GTF engine, which uses geared fans and has been contaminated by metal dust.
The US manufacturer has been promoting overhaul work on turbofans, but the pace has been below customer needs. Deliveries of new engines have also been delayed, leaving several “glider” planes in factory yards.
Airbus uses the GTF, or PW1000G, on the A320neo and A220 family jets.
In addition to adjustments to the production line, Airbus changed its adjusted EBIT forecast, from 6.5 billion and 7 billion euros, to around 5.5 billion.
As of May, Airbus had delivered 256 commercial aircraft compared to 244 in 2023, a small increase of 5%.