European aviation giant Airbus reduces 2025 delivery target
"Based on a recent supplier quality issue on fuselage panels impacting its A320 Family delivery flow, Airbus SE (stock exchange symbol: AIR) is providing an update to its commercial aircraft delivery guidance for 2025," the company said in a statement.
While the firm maintained its overall financial projections, it stated that its adjusted EBITDA is still expected to be around €7 billion ($8.15 billion) by year’s end.
This change follows the discovery of a new manufacturing-related issue affecting certain A320 family aircraft, identified after an urgent request for a software update. The previous week, Airbus ordered a rapid precautionary software fix for A320-series jets after finding that intense solar radiation had the potential to distort critical flight-control data.
The company indicated that a substantial number of in-service A320 models may be affected by this problem. In response, the European Union Aviation Safety Agency issued an Emergency Airworthiness Directive for the aircraft family.
Airbus reported on Monday that thousands of A320 jets have now received the necessary software update following last week’s alert.
In the previous year, Airbus handed over 766 aircraft to customers—falling short of its earlier target of 800.
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