Airbus set a modest aircraft delivery target for 2025 and took an additional charge against its space business as the world’s largest planemaker continued to struggle with supply chain constraints.
The European aerospace and defence group said it would deliver 820 commercial jets in 2025, well below a Barclays forecast of 840-850. The target falls short of a record 863 shipments set in 2019, the last year before the pandemic severely disrupted the aviation industry’s supply chain.
The company reported an adjusted operating profit of €5.35bn for the full year, slightly ahead of consensus analyst forecasts but below 2023’s €5.84bn. Revenues for the year were up 6 per cent to €69.2bn.
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