PARIS, Nov 7 (Reuters): Airbus delivered 62 jets in October to bring this year's total to 559, the company said on Thursday, as it chases an increasingly challenging year-end target.
The latest deliveries leave Airbus with more than 200 more to deliver to reach an annual goal of "around" 770 planes, revised down from 800 in July after supply chain problems. Reuters reported last week that Airbus had delivered a little more than 60 planes in October.
Analysts have said Airbus may be able to deliver as few as 750 planes this year without having to announce a new cut, but the company is widely expected to lean on the flexibility provided by the word "around" in its guidance, which it reiterated last week.
Much depends on the availability of engines and the planemaker's ability to repeat the type of end-of-year sprint typically seen before the pandemic, but this time with a supply chain that has been weakened by parts and labour shortages.
"While it is clearly possible that Airbus might pull something out of the bag ... it is increasingly feeling to us as though 750 deliveries, the bottom end of Airbus's new range, would be a good result," said Agency Partners analyst Sash Tusa.
© 2024 - All Rights with The Financial Express
