Airbus Creeps Towards Full-Year Delivery Goal with 18% Year-Over-Year Increase for October Written 8 November 2023

Reuters reports that Airbus “needs to deliver 161 aircraft in the last two months of the year to reach its full-year delivery target, fractionally below the performance seen in the closing stages of last year.” Airbus’ monthly bulletin “confirmed it had delivered 71 aircraft in October, up 18% from the same month last year and bringing the total for the first 10 months to 559 jets.” In the final “two months of 2022, Airbus delivered 166 jets.” Agency Partners analyst Sash Tusa “wrote in a note that the company was not expected to change its full-year delivery target of 720 aircraft despite pressure on supplies of Pratt & Whitney engines.” Airbus last year “lowered and eventually abandoned its delivery goal due to supply constraints and started 2023 on a weak note, before deliveries accelerated over the summer.”
Full Story (Reuters)