Airbus Lowers Delivery Targets Due to Slew of Issues
Airbus has lowered its delivery target for the year due to supply and worker shortages and a quality issue with aircraft panels from a Spanish supplier. It is also updating...
By Bloomberg Markets · Bloomberg Markets
Airbus has lowered its delivery target for the year due to supply and worker shortages and a quality issue with aircraft panels from a Spanish supplier. It is also updating software on 6,000 A320 jets. The company now aims to hand over about 790 aircraft, 30 fewer than its original goal. These setbacks have hurt the stock too. Bloomberg's Benedikt Kammel reports. (Source: Bloomberg)