Airbus could be in danger of not meeting its delivery target of 720 jets for the year, based on current delivery rates per month.
Via their monthly reporting for August 2023, Airbus has revealed that they have delivered 433 aircraft, 52 of which happened last month.
The manufacturer has secured a gross order number of 117 aircraft over the course of last month as well.
52 deliveries from last month were sent to 34 customers, with the 433 delivered so far this year being to 77 customers.
Airbus’ Delivery Rate For This Year So Far…
Based on deliveries that took place between January and August, the 433 total deliveries for this year so far shows a production rate of 54.125 jets per month for Airbus.
If that rate is to remain, then by year-end, another 216 jets will be delivered, bringing their projected annual delivery count to 649.
As it stands, this means that the European planemaker will not meet its target of 720 aircraft by year-end, as they previously announced back in February this year.
For Airbus, it means that this will be the second year running that they have not met their delivery targets, as was widely reported in November last year, and will be less than last year’s total output of 661 jets.
The European planemaker is ramping up its production output, with this looking as follows:
- A320 Family: 65 aircraft per month by the end of 2024 and 75 per month in 2026.
- A330 Family: Four per month by 2Q24.
- A350 Family: Nine per month by 2025.
Overall, Airbus will need to ensure that more jets are delivered this year to get close to its target of 720. Being 71 units shy of this target means that they would need to deliver an additional 17 aircraft per month on top of the 54 that they do already.
In the meantime, all eyes will be on them to see if this can be achieved.
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