Airbus cuts 2025 aircraft delivery target to 790 from 820
Airbus SE said on Wednesday it expects to deliver fewer commercial aircraft this year than originally planned due to supplier problems affecting fuselage components for its A320 family.
The world's largest planemaker now anticipates delivering around 790 passenger jets, down from the 820 previously targeted.
Despite the setback, Chief Executive Guillaume Faury reaffirmed Airbus' 2025 financial targets, saying the company still expects adjusted earnings before interest and tax to reach about EUR7 billion.
The company faced similar challenges last year, when it cut its delivery target from 800 to 766 jets.
UCapital Asset Management LLP or group companies may have commercial relationships with the companies mentioned. This content is not financial advice.
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