In a recent update, Airbus confirmed that it delivered 64 aircraft in November, marking a slight decrease of 6% compared to the same month in 2022. This brings the total number of aircraft delivered by the planemaker so far this year to 623 units. As the industry eagerly anticipates the year-end figures, Airbus is now set to achieve its full-year target of 720 deliveries, requiring 97 more deliveries in December.
The 97 additional deliveries needed in December may seem like a manageable goal, but it’s worth noting the challenges faced by the aviation giant. Last year, Airbus struggled with supply chain issues, ultimately missing and abandoning its full-year delivery target. While the situation has improved this year, CEO Guillaume Faury emphasized that supply chains remain challenging.
To put the current target in perspective, Airbus has averaged 93 December deliveries over the past three years. However, this figure jumps to 131 units when considering the three years before the pandemic when supply chains were running more smoothly. The planemaker’s ability to meet its target will likely hinge on overcoming these supply chain challenges and navigating potential disruptions.
Analysts have expressed cautious optimism regarding Airbus’ ability to achieve its full-year delivery goal. The 1,512 orders secured by Airbus this year, with a net total of 1,395 after cancellations, demonstrate continued demand for its aircraft. Notably, November’s net orders included new business announced at the Dubai Airshow and from SMBC Aviation Capital. However, it also reflected a cancellation for the A230neo from Kuwaiti lessor Alafaco, a move reported to the Kuwait stock exchange last month.
In addition to these developments, November’s data revealed a reshuffling of plane orders between airline group IAG and two of its subsidiaries, British Airways and Aer Lingus. Such adjustments highlight the dynamic nature of the aviation industry, with airlines adapting their fleets to meet evolving market demands.
As December unfolds, the aviation community will be closely watching Airbus to see if it can successfully navigate the challenges posed by supply chain complexities and achieve its ambitious year-end delivery target. The industry’s resilience and adaptability will once again be put to the test as Airbus strives to end the year on a high note.
(Source: Tim Hepher | Kirsten Donovan | Chizu Nomiyama | Reuters)
