Airbus Targets 800 Aircraft Deliveries in 2024 Amid Supply Chain Challenges
The European aerospace giant aims to increase its deliveries despite facing production bottlenecks and extends its lead over Boeing.
- Airbus aims to deliver 800 aircraft in 2024, despite supply chain challenges, marking a significant increase over the previous year's 735 deliveries.
- The European aerospace giant reported a record 2,094 commercial aircraft orders in 2023, with a backlog reaching 8,598 units.
- Airbus' production ramp-up is hindered by supply chain bottlenecks, including issues with engine parts leading to potential aircraft availability impacts through 2026.
- Spirit AeroSystems, a key supplier, faces financial challenges, affecting Airbus' production capabilities.
- Despite facing its own challenges, Airbus extends its lead over Boeing, benefiting from Boeing's production caps and quality control issues.