Airbus Falls Short of 2024 Delivery Target, but Remains Optimistic

Airbus SE, the European multinational corporation that designs, manufactures, and sells aerospace and defense products, services, and solutions, has reported delivering approximately 760 jets in 2024, falling short of its annual goal by around 10 aircraft. According to a Bloomberg News report, the company handed over about 760 aircraft to customers, with December deliveries nearing 120. However, the final tally may slightly differ, as people familiar with the numbers cautioned.



Airbus' delivery performance in 2024 was impacted by persistent supply chain issues, particularly in engines, aerostructures, and cabin equipment. The company revised its delivery target from 800 aircraft to around 770 in June, citing these challenges. Despite the setback, Airbus remains optimistic about its future prospects and is focused on ramping up commercial aircraft deliveries.

In the first nine months of 2024, Airbus delivered 497 commercial aircraft, comprising 45 A220s, 396 A320 family aircraft, 20 A330s, and 36 A350s. To reach its revised target of around 770 deliveries, Airbus would need to deliver approximately 127 aircraft in December 2024. This target is achievable, given the company's strong performance in the first nine months of the year and its ability to adapt to the complex operating environment.

Airbus' CEO, Guillaume Faury, acknowledged the challenges faced by the company, stating, "We are constantly adapting to a complex and fast-changing operating environment marked by geopolitical uncertainties and specific supply chain challenges that have materialised in the course of 2024." Despite these obstacles, Airbus has maintained a strong demand for its products and delivered a substantial number of aircraft.

In conclusion, while Airbus fell short of its 2024 delivery target, the company remains optimistic about its future prospects. Airbus' ability to adapt to a complex and fast-changing operating environment, maintain strong demand for its products, and deliver a substantial number of aircraft demonstrates its resilience and commitment to its customers. As the company continues to navigate the challenges it faces, investors should remain confident in its ability to deliver on its promises and drive long-term growth.