Airbus to Miss 2022 Delivery Target

The manufacturer said a “complex operating environment" thwarted its goal of producing 700 aircraft in 2022.

Michael Wildes

Wednesday, December 07, 2022 at 02:59 PM ET

Verified

Airbus said it delivered 68 commercial aircraft in November to 40 customers. [Courtesy: Airbus]

Key Takeaways:

Airbus announced it will miss its 2022 aircraft delivery target due to a complex operating environment and plans to slow the production rate of its A320 jetliner for 2023 and 2024.
Despite immediate production challenges, Airbus forecasts significant long-term demand for nearly 40,000 new passenger and freighter aircraft over the next two decades, emphasizing the need for more fuel-efficient models to meet sustainability targets.

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Citing a “complex operating environment,” Aircraft Manufacturer Airbus announced on Tuesday that its target of producing approximately 700 aircraft in 2022 is now out of reach.

Though it didn’t specify how much it would miss its target, the OEM said that the final figure would not be “materially short of the ‘around 700’ delivery target.” In 2021, Airbus delivered 661 aircraft to customers worldwide.