Core Points - Airbus's share price dropped as much as 10% due to a supplier quality issue affecting A320 aircraft components [1][2] - The company is inspecting all potentially impacted aircraft, although only a portion may require further action [2] - Market concerns about meeting delivery targets have contributed to the share price decline, with Airbus aiming for around 820 deliveries this year [3][4] Company Impact - The A320 family is crucial for Airbus, representing the bulk of its production and being the most popular aircraft in commercial aviation [4] - Airbus's stock opened at 201.15 euros and fell to 183 euros following the news, later recovering slightly to a 6.5% decline [2][3] - The company typically has a strong end-of-year delivery push, needing to deliver over 160 planes in December to meet its annual target [3][4] Regulatory Context - European regulators issued an emergency directive related to software issues affecting around 6,000 Airbus A320 jets due to concerns over solar radiation impacting flight control data [5]
Airbus stock drops as much 10% as it confirms a 'quality issue' in part of the best-selling A320's supply chain