Airbus is leading in engine production despite last year’s problems
2023.01.10 13:08
Airbus is leading in engine production despite last year’s problems
By Tiffany Smith
Budrigannews.com – Despite being forced to abandon a more ambitious goal by clogged supply chains, Airbus deliveries increased by 8% in 2022, allowing the European planemaker to maintain its position as the largest planemaker in the world for the fourth year in a row.
After accounting for two Aeroflot aircraft that were previously subject to Western sanctions against Russia, the French company stated that it had delivered 663 aircraft, or a net total of 661 aircraft.
After accounting for cancellations, it received 1,078 jet orders in 2022, or a net total of 820.
NYSE: Boeing, which is still recovering from the effects of a safety issue with its 737 MAX and industrial problems with its 787. In the past, it said that it had delivered 480 airplanes in 2022 and sold 935 airplanes, or a similar net total of 774 after cancellations.
Last week, Reuters reported that Airbus had delivered up to 663 aircraft in 2022.
Airbus said last month that the year’s goal of “around 700” deliveries would not be significantly lower than this. Due to issues with the supply chain, it had previously lowered the target from “around 720” jets.
While stating that Airbus would continue to increase production, Chief Executive Guillaume Faury attributed the shortfall to the “complexity of the operating environment.”
He stated in a statement, “We continue our ramp-up trajectory to deliver on our backlog.”
Short-haul and long-haul air travel are both beginning to catch up with demand for new aircraft following the pandemic.
Before accounting for cancellations, Airbus and Boeing sold a combined gross total of more than 2,000 planes for the first time since 2017.
Christian Scherer, Chief Commercial Officer, told reporters, “The market is there and the recovery is real.”
However, Faury warned that supply chains would continue to be under pressure in 2023.
