Airbus holds annual targets, bets on year-end delivery surge

Airbus held onto its full-year production goals and forecasts on Wednesday, following a release of mixed third-quarter earnings. The company set its sights on delivering around 870 aircraft this year, which would mark its highest annual tally. To achieve this milestone, Airbus needs a record-breaking fourth quarter. While the world's largest planemaker kept its production targets unchanged, it reported an adjusted operating profit of €1.77 billion for the quarter ending September 30th, close to analysts' expectations.

The company's revenue, however, dipped by 2% to €17.47 billion, falling short of the projected €17.91 billion.

Airbus is accustomed to delivering a higher number of aircraft during the latter months of the year; nevertheless, it has had to adjust delivery targets earlier due to engine shortages and other supply-chain complications. CEO Guillaume Faury emphasized the importance of hitting delivery targets while maintaining a focus on quality.

"Against a complex geopolitical and operating environment, we are focused on delivery while maintaining a steadfast focus on quality. Our plan is clear, and our teams are onboard to meet our objectives," he stated in a statement.

Despite facing a challenging geopolitical and operational landscape, Airbus remains optimistic about its manufacturing capabilities. As of January, the company's free cash flow, before customer financing, was negative at €1.27 billion. This figure reflects the company's preparation for a stronger delivery performance later in the year and an increase in production for year-end deliveries.

In a recent comparison with its US rival, Boeing, Airbus continues to lead in deliveries for the year. So far in 2026, Airbus has transferred 547 aircraft, compared to Boeing's 475.