Airbus still targets 800 commercial aircraft delivery in 2018 despite challenging issues
Toulouse - Despite new problems with the A320neo engines, Airbus maintains its target of delivering about 800 commercial aircraft in 2018, announced last month. With one condition: The engine manufacturers must stay loyal to their commitments.
On February 15, Airbus presented annual results of 2017. After delivering a record 718 aircraft last year, a new rise in production is on the table. In 2018, Airbus targets to deliver around 800 commercial aircraft, if the engine manufacturers meet their commitments, said the manufacturer in a statement.
The A320neo program is the main challenge, after the discovery of new problems on the PW1100G-JM engine from Pratt & Whitney.
Their impact on 2018 deliveries is being evaluated,says Airbus.
Apart from Pratt & Whitney, CFM International also experienced issues in 2017 on some parts of the LEAP 1A engines. The ramping up of production of the A320neo remains a challenge and depends on the ability of engine manufacturers to fulfill their commitments, insists the manufacturer.
Regarding the A350, Airbus says it has made significant progress in ramping up the production rate stating that the program is on track to achieve the target of 10 copies per month by the end of 2018.
Finally, the latest order of Emirates Airlines for 20 A380 (plus 16 optional) brings better visibility on the program for the years to come.
At the presentation of the consolidated balance sheet, Airbus CEO Tom Enders also commented on the future of the A380. Enders said that the latest Emirates order would secure production of the A380 by 2025.
On the financial side, Airbus Commercial Aircraft multiplied its net profit more than double compared to the previous year, recording an operating profit of $4.2 billion (€3.4 billion) (+122%) for fiscal 2017, out of a turnover of $63.5 billion (€50.9 billion) (+3.5 %).