Airbus said it would deliver fewer planes by the end of the year than originally forecast and slow plans to increase production of its best-selling family of jets, in the latest sign of the supply chain constraints hampering the recovery of the aviation industry.
The world’s biggest plane maker said it was now aiming to deliver “around 700 aircraft” by the end of the year instead of its previous target of 720.
It is also adjusting the planned output of its A320 family of jets for this year and next. Airbus said it was now targeting a monthly production rate of 65 in early 2024 — some six months later than originally forecast. The company, however, said it was sticking with its plan to get to a monthly rate of 75 jets by 2025.