Airbus ditches 2022 delivery target, confirms financial guidance

Airbus said it considers its target to achieve “around 700” commercial aircraft deliveries in 2022 to now be out of reach.

Added to its November deliveries of 68 commercial aircraft and despite the complex operating environment, the final figure is however not expected to fall materially short of the “around 700” delivery target.

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Airbus said however that it remains committed to delivering the financial guidance it provided at the nine-month 2022 results, meaning guidance for EBIT adjusted and free cash flow before M&A and customer financing.

Taking into account the fact that this complex environment will persist longer than previously expected, Airbus said it will be adjusting the speed of the A320 Family ramp-up to rate 65 for 2023 and 2024. Airbus maintains the objective of reaching rate 75 by the middle of the decade.

The full year 2022 Airbus commercial aircraft orders and deliveries will be disclosed – after audit – on 10 January. Full year results will be disclosed on 16 February.

In November, Airbus registered 29 new orders and 14 cancellations bringing the backlog to 7,344 aircraft.

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