Airbus CEO Says Company Faces Race to Meet Delivery Targets
18 Luglio 2018 - 10:14AM
Dow Jones News
By Robert Wall
FARNBOROUGH, England--Airbus SE (AIR.FR) Chief Executive Tom
Enders said Wednesday that the company faced "a hell of a race" to
meet its target of delivering around 800 jetliners this year, after
supplier bottlenecks caused handovers to lag in the first six
months.
Mr. Enders told investors the company was seeing encouraging
signs that deliveries were stepping up, including 80 plane
deliveries last month. In the first six months, the company
delivered only 303 jetliners against a full-year target of 800.
Airbus this year had more than 100 planes built ready for
delivery but for absent engines. "We are now trying to equip all
these aircraft with engines and get them off the tarmac," Mr.
Enders said. He added "the engine makers are catching up."
Airbus single-aisle planes, those most affected by delays, are
powered either by engines from CFM International, a joint venture
of General Electric Co. (GE) and SAFRAN SA (SAF.FR), and Pratt
& Whitney, a unit of United Technologies Corp. (UTX).
Write to Robetr Wall at robert.wall@wsj.com
(END) Dow Jones Newswires
July 18, 2018 03:59 ET (07:59 GMT)
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