The Toulouse-based aerospace giant, Airbus confirmed on Monday slower aircraft deliveries in July, with global supply chain snags leaving many aircraft parked outside the company’s headquarters semi-finished and missing essential engine parts.
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Adjusted forecasts
The manufacturer delivered a total of 46 aircraft in July, compared to 60 in June and 47 in July 2021.
In July, the company revisited its delivery forecast for 2022, bringing it down to 700 aircraft from the previously projected 720.
Up until July, Airbus delivered more than 341 aircraft, with two extra A350s built for the Russian flag carrier, Aeroflot but still pending delivery due to sanctions imposed on the country.
The two aircraft were registered as delivered in Airbus’ 2021 order book, nevertheless, they remain grounded in Toulouse, in compliance with the enforced Western sanctions.
Furthermore, the company cancelled two pending orders from Aeroflot for a total of six A350 aircraft, with two already sold to Turkish Airlines.
A weighty order
On the other hand, the company secured a hefty order for nearly 300 aircraft from airlines in China, in addition to a few more deals signed at the Farnborough Airshow recently held on 18-22 July, bringing the tally of aircraft sold in 2022 up to 843 (656 after cancellations).
On Monday, the aircraft manufacturer reportedly revoked the entire outstanding order from Qatar Airways for 19 A350 aircraft, valued at $7 billion at catalogue prices, in light of the ongoing months-long legal standoff between the two companies over exterior damage across the airline’s A350 fleet, prompting the grounding of 21 aircraft.
