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After reviewing its November 2022 deliveries, Airbus has confirmed that it will no longer be able to achieve its target of delivering roughly 700 commercial aircraft in 2022. The OEM delivered a total of 68 commercial aircraft to 40 customers in November, bringing its year-to-date deliveries to 563. Those aircraft were delivered to 72 customers in the year.
(Airbus noted that the 563 number reflects a reduction of two deliveries recorded in December 2021 — two A350-900s for Aeroflot — for which a transfer was not possible due to international sanctions.)
In November, Airbus delivered 28 A320neos; six A220-300s; 25 A321neos; one A330-200; one A330-800; two A330-900s; and five A350-900s. Year-to-date, the OEM has delivered 485 single-aisle aircraft (including the A220 and A320 Family aircraft); 28 A330s; and 50 A350s.
New orders for November totaled 29 aircraft, with 14 cancellations. This brings Airbus’s backlog to 7,344 aircraft.
Taking into consideration its 68 deliveries in November, along with 29 new orders in the month, as well as the current “complex operating environment,” Airbus said its initial deliveries target of 700 aircraft for the year is now “out of reach.”
While the manufacturer believes the current complex environment “will persist longer than previously expected, Airbus will be adjusting the speed of the A320 Family ramp-up to rate 65 for 2023 and 2024.”
The company is still committed to its goal of reaching rate 75 by the middle of the decade.
Airbus also noted that it is expecting to achieve around US$5.7 billion of earnings before interest and taxes (EBIT) Adjusted in 2022. Its full-year results will be disclosed on Feb. 16, 2023, while commercial aircraft orders and deliveries for 2022 will be released on Jan. 10, 2023.