Airbus has lowered it’s full-year aircraft delivery target by 30 to around 790 planes. This comes as the group discovered a quality issue with a batch of fuselage panels from a single supplier, impacting its A320 family of planes.
Airbus has frozen deliveries from this supplier while it checks panels in the affected batch. Inspection is quick to implement, and most panels haven’t required any modification so far.
Full-year financial guidance has been maintained. Airbus expects to deliver underlying operating profits and free cash flow of €7.0bn and €4.5bn respectively.
The shares rose 1.7% in early trading.
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Airbus key facts
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