Production rate adjustment
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Airbus cuts production rate target for its A220 jet
Yahoo Finance· 2025-10-29 19:48
Core Viewpoint - Airbus has lowered its production target for the A220 jetliner to 12 jets per month by 2026, down from a previous target of 14 jets, due to supply concerns and airlines awaiting upgraded engines [1][2][4]. Financial Performance - Airbus reported a 38% increase in adjusted operating profit to €1.94 billion ($2.26 billion) in Q3, with revenues rising 14% to €17.83 billion, surpassing analyst expectations [5]. - The company reaffirmed its financial forecasts, which now account for the impact of tariffs [5]. Production and Delivery Targets - Airbus aims to maintain a production rate of 75 A320neos per month by 2027, despite industry estimates suggesting around 60 [6]. - The company has set a target of approximately 820 commercial jet deliveries for 2025, following improvements in engine supply concerns [6]. - Deliveries for 2025 are expected to be "very backloaded," with ongoing delays from main suppliers for the A320neo family [7].