Airbus could be forced to revise its annual delivery target once again as the European plane maker battles to clear a growing backlog of aircraft. Despite delivering 62 jets in October , the company's year-to-date total now stands at 559 aircraft. This leaves it with a delivery backlog of over 200 aircraft to reach its revised 2024 goal of around 770 units, a target already lowered from 800 in July due to persistent supply chain issues.
Backlog grows as supply chain challenges continue With just two months remaining in the year, analysts are growing increasingly doubtful that Airbus will be able to meet even the lower-end target without further delays. The company would need to almost double its current monthly delivery pace in order to hit the 770 mark, a tall order given ongoing challenges in sourcing key components and completing production. The 62 deliveries in October were a step forward, but the backlog of planes that Airbus needs to clear before year-end is still formidable.
Airbus needs to deliver an additional 211 aircraft in the final two months of 2024 to hit its revised target. This represents a significant ramp-up from the 60-70 aircraft delivered each month in recent months, and analysts have expressed concern that Airbus will struggle to meet this demand given the current state of the supply chain. Analysts aren't optimistic Sash Tusa, an analyst at Agency Partners told Reuters : "While it is clearly possible that Airbus might pull something out of the bag .
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