1.2 C
London
Friday, November 22, 2024
HomeNewsAirbus Faces Uphill Battle to Meet Annual Delivery Goals After August Slump

Airbus Faces Uphill Battle to Meet Annual Delivery Goals After August Slump

Date:

Related stories

Gazprom Maintains Stable Gas Deliveries to Europe, Sending 42.3 Million m³ on Monday

Brussels, October 14 (FinanceFlashNews.com) – Gazprom, Russia’s gas producer,...

Markets Anticipate Faster ECB Rate Cuts as Eurozone Inflation Falls

Frankfurt, October 14 (FinanceFlashNews.com) – Financial markets are predicting...

Tax Hike in France Will Hurt Investments, Warns Stellantis CEO

Paris, October 14 (FinanceFlashNews.com) – The French government's plan...

Finland’s Inflation Drops to Lowest Level in Nearly Four Years

Helsinki, October 14 (FinanceFlashNews.com) – Year-on-year inflation in Finland...

Moody’s Downgrades Belgium’s Credit Outlook to Negative

Brussels, October 13 (FinanceFlashNews.com) – Moody's Ratings downgraded Belgium’s...

Paris, September 7 (FinanceFlashNews) – Airbus delivered fewer than 50 aircraft in August, a sharp decrease from the 77 aircraft delivered in July, complicating its efforts to meet the revised annual target of 770 aircraft. This adjustment, down from the initial target of 800, was necessitated by ongoing supply chain issues, as detailed in a report by Reuters.

Chloe Lemarie, an analyst at Jefferies, noted that Airbus must enhance its monthly output significantly for the remainder of the year to achieve its delivery objectives. This would represent a substantial increase in production efforts compared to the previous year.

To date, Airbus’s total deliveries for the year stand at 447 aircraft, markedly below the company’s projections and highlighting the broader challenges facing the aerospace industry. These challenges include severe logistical disruptions and supply chain bottlenecks that continue to impact production rates across the sector.

Airbus Delivery Overview for 2024:

Metric2024 DataChange from Previous Year
January-July Deliveries447 Aircraft-25% Compared to 2023
August Deliveries<50 Aircraft-35% Compared to July 2024
Annual Target770 AircraftReduced from 800

Keywords: Airbus, aircraft deliveries, aerospace industry, supply chain challenges.

Financeflashnewshttps://financeflashnews.com
This article was written by the editorial team of Financeflashnews. We strive to provide you with accurate and up-to-date information from the world of finance and investment. If you find any errors in the article, please let us know at corrections@financeflashnews.com. Your feedback is valuable to us and will help us improve the quality of our content.

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once

Latest stories