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Airbus deliveries drop as suppliers struggle
The Straits Times
|October 11, 2024
PARIS Airbus deliveries fell 9 per cent in September to 50 jets compared with the same month in 2023, the European planemaker said on Oct 9, rekindling a debate over the strength of its industrial goals as suppliers struggle to keep up with demand.
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The deliveries figure, which confirms a recent Reuters report, brings the total so far in 2024 to 497 jetliners, up 2 per cent from 488 at the nine-month stage in 2023.
Airbus is targeting 770 deliveries for the full year after reducing its goal from 800 jets in July, citing shortages of engines and other parts as the aerospace industry's supply chain struggles to recover from the Covid-19 pandemic.
Reuters, quoting industry sources, reported on Oct 4 that Airbus had delivered 50 jets in September, leaving it facing a sprint towards the finish line in the busy fourth quarter.
Airbus has said it is on track to meet its annual target of "around" 770 jets.
The figures suggest that Airbus would have to deliver 273 aircraft in the fourth quarter to meet its headline target figure, up 11 per cent from the same quarter in 2023.
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