Engine shortages hinder production, Airbus needs to "fight hard" to achieve annual delivery targets

According to industry insiders and analysts on Monday, European aircraft manufacturer Airbus needs to deliver planes at a record pace to achieve its annual targets. The world's largest aircraft manufacturer has set a delivery target of 820 jets this year, a 7% increase year-on-year, but has been hit by delays in receiving engines and cabin equipment. Aircraft deliveries determine the company's revenue and cash flow generation, and also impact airlines' growth plans. Notably, Airbus has been in a tug-of-war with engine manufacturer CFM as airlines compete for spare engines, which competes with the demand for new aircraft assembly lines. The company stated in July that it is also facing engine delivery delays from Pratt & Whitney. In July, Airbus reaffirmed its annual delivery target of around 820 aircraft. Analysts noted that Airbus delivered about 60 aircraft in August. Actual monthly delivery data will be released on Friday. Analysts stated that if confirmed, this delivery volume would represent a significant increase compared to the typically slow summer season, but the cumulative delivery volume for 2025 would still be about 3% lower than the 433 aircraft delivered in the same period last year