Airbus Sticks to Plane Delivery Goal Despite Engine Shortage -- Update

Dow Jones04-29

By Mauro Orru

Airbus confirmed its aircraft-delivery target for the year, a sign of confidence that it can assemble enough planes despite an engine shortage that forced it to slow production of its best-selling A320 jets.

The European plane maker said it was on track to ship about 870 commercial aircraft to customers this year compared with the 793 it dispatched in 2025. Airbus delivered 114 planes between January and the end of March, meaning it would need to send roughly 756 units in the three remaining quarters of the year to meet its goal.

The company said revenue for the three months to the end of March declined 7% on year to 12.65 billion euros, equivalent to $14.83 billion.

Net profit slipped 26% to 586 million euros, while adjusted earnings before interest and taxes--Airbus's preferred measure of profitability--fell 52% to 300 million euros.

Analysts had expected revenue of nearly 12.39 billion euros, a net profit of 282 million euros and adjusted EBIT of 348 million euros, according to market consensus provided by the company based on estimates from 24 analysts.

For 2026, Airbus said it continued to expect adjusted EBIT of around 7.5 billion euros. Free cash flow before customer financing--a closely watched metric by analysts and investors--is projected at around 4.5 billion euros.

Write to Mauro Orru at mauro.orru@wsj.com

(END) Dow Jones Newswires

April 28, 2026 12:03 ET (16:03 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

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Airbus delivered 114 planes between January and the end of March, meaning it would need to send roughly 756 units in the three remaining quarters of the year to meet its goal. \n\n\n  The company said revenue for the three months to the end of March declined 7% on year to 12.65 billion euros, equivalent to $14.83 billion. \n\n\n  Net profit slipped 26% to 586 million euros, while adjusted earnings before interest and taxes--Airbus's preferred measure of profitability--fell 52% to 300 million euros. \n\n\n  Analysts had expected revenue of nearly 12.39 billion euros, a net profit of 282 million euros and adjusted EBIT of 348 million euros, according to market consensus provided by the company based on estimates from 24 analysts. \n\n\n  For 2026, Airbus said it continued to expect adjusted EBIT of around 7.5 billion euros. 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