Airbus reduces 2024 delivery target from 800 to 770 aircraft, incurs €900m charges, and delays narrow-body production goal to 2027.
Airbus cuts 2024 delivery target from 800 to 770 aircraft due to persistent supply chain issues, incurring charges of around €900 million from certain space programs. The company also pushes back its goal to reach 75 narrow-body aircraft production per month to 2027. Airbus' adjusted earnings before interest and tax for this year is expected to be €5.5 billion, down from a previous goal of up to €7 billion.
June 24, 2024
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