Airbus delivered a slightly increased number of aircraft in the first half of 2024, despite recently admitting to supply chain issues affecting its production.
The European aircraft manufacturer’s figures for June confirmed 67 aircraft deliveries during the month, taking its H1 total to 323, a 2% increase from H1 2023.
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Despite this, the company has reportedly been operating below its internal expectations for the last two months due to the part shortages it reported when cutting its profit and delivery forecasts for the year.
CEO Guillaume Faury told investors last month that supply chain issues had worsened since the pandemic, leading the company to reduce its 2024 delivery forecast from 800 planes to 770 and drop its adjusted EBIT predictions from €7bn ($7.57bn) to €5.5bn.
However, despite causing share prices to drop, the news does not appear to have affected Airbus’ orderbook much with 73 orders placed in June, bringing its H1 total to 327, or a gross of 310 after cancellations.
The vast majority of orders continue to show demand for the company’s A320 family, with 181 orders placed for the A321neo, including the May order from Saudi Arabian flag carrier Saudia.
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By GlobalDataAirbus’ healthy order book reflected the comments made by Faury during his recent investor update, where he stated that production issues throughout the aviation industry had not affected demand.
The company’s orders and deliveries are likely to continue receiving extra scrutiny this year as the industry watches to see how the recently announced takeover of Spirit Aerosystems by Boeing will affect part supplies.
For Airbus’ part, the company has also announced an agreement with the supplier to take on its loss-making activities supplying parts for Airbus aircraft in Europe, the US, and northern Africa.
