Airbus Shares Fall After Report of A350 Aircraft Delays

Dow Jones05-21
 

By Joe Stonor

 

Airbus shares slipped Thursday following a report that the aerospace group told airlines to expect delays to deliveries of its A350 aircraft later this decade.

Airbus shares fell 2.9% to 168.28 euros in early European trade, even as European peers like Safran and BAE Systems gained.

Disruption due to staffing issues at a U.S. parts factory recently acquired by the European group contributed to the delays, Reuters reports, citing unnamed sources. Airbus is struggling to secure fuselage sections critical to the A350 from a plant in Kinston, North Carolina, which it bought from Spirit AeroSystems last year, Reuters says.

Responding to a request for comment, Airbus said it never comments on delivery timelines agreed with customers.

The latest delays add to the group's move last year to put off the launch of a freighter version of the A350 to the second half of 2027 as a result of broader supply chain disruption.

Investors reacted negatively given the challenge of Airbus meeting its target of doubling A350 production to 12 by 2028, Jefferies analysts wrote in a note to clients.

The group said it was on track to ship about 870 commercial aircraft to customers this year following its first-quarter results in April.

 

Write to Joe Stonor at josephmichael.stonor@wsj.com

 

(END) Dow Jones Newswires

May 21, 2026 07:00 ET (11:00 GMT)

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

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment