Deliveries and Production - Airbus experienced some concerns regarding the number of deliveries in the most recent half, with 306 deliveries recorded [1] - Airbus has six aircraft "gliders" (fully finished but with engines missing), indicating production is mostly on track when including these [2] - Engine delays are impacting deliveries and contributing to negative free cash flow, but Airbus maintains its guidance expecting engine deliveries to normalize [3] - Airbus aims for a monthly production rate of 75 aircraft for the A320 family by 2027, the highest ever for a commercial aircraft [9] Engine Supply Chain Issues - Engine delays are primarily due to supply chain holdups rather than short-term issues [4] - CSM faced industrial difficulties and a seven-week strike, impacting engine deliveries to Airbus [5] - CSM is expected to return to normal delivery rates by the end of the year [5] Demand and Backlog - Airbus faces very high demand overall, exceeding its ability to supply [7] - Airbus has the biggest backlog in the industry, and it continues to grow [7] - Most customers are requesting an acceleration in delivery schedules [9] Trade and Tariffs - Airbus welcomes the agreement between the United States and the European Union regarding civil aviation tariffs [11] - Airbus hopes the agreement will be enforced as soon as possible, ideally within weeks rather than months, to return to normal operations [12]