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 delivery target of approximately 700 aircraft due to a "complex operating environment."
The company plans to reduce the production rate of its A320 jetliner to 65 per month for 2023 and 2024, down from 75, with a target to regain the higher rate by mid-2025.
Airbus forecasts a significant long-term demand for 39,490 new passenger and freighter aircraft over the next 20 years (2022-2041), driven by a 3.6% annual growth in passenger traffic.
The manufacturer highlights the importance of sustainability, noting that replacing older aircraft with newer, fuel-efficient models is a key strategy for the industry to achieve net-zero carbon emissions by 2050.

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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.