Airbus Pushes Back Some 2024 Deliveries While Reiterating Output Targets: Report

Airbus SE EADSY notifies customers about delivery delays for its A320neo family of jets. The anticipated delay is of three months.
In a statement to Reuters, Airbus confirmed unspecified delays for 2024, but said they did not reflect any worsening of supply chain problems since it revised production plans earlier this year. It reiterated production goals for 2024 and beyond.
"We already communicated in December on the impact for 2023 and are now talking about 2024 in detail," Airbus stated in an email to Reuters.
The delays are particularly affecting the larger and in-demand A321neo variant, which now accounts for more than half of Airbus deliveries, mentioned the report.
Also Read: Airbus Q1 Deliveries Down by 9% After Sanctions-Related Adjustments, Sets Sights on Mid-Year Target
Two airline industry sources were cited in the report, stating that they were still struggling to find the clarity required for network planning. "We are still being drip-fed," one source said, adding that the delays indicated that supply chains were not significantly improving.
Price Action: EADSY shares closed higher by 1.13% at $35.05 on Monday.
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