Airbus Group: why, despite its delay, Airbus can hold its purpose of deliveries this year

(BFM Stock Exchange) – The European aircraft manufacturer announced Thursday evening that it has delivered 67 aircraft in July, a figure qualified as “reassuring” by Deutsche Bank. Similarly, The group is however late on its passing times to hold its target of 820 deliveries in 2025. Consequently, But analysts are rather optimistic.

The month of July did not mark a major change of trend for Airbus deliveries. Consequently, The European aircraft manufacturer said Thursday evening after the closing of the market had delivered 67 planes over the seventh month of the year. Similarly, compared to 77 for July 2024, translating a drop of 13% over one year.

Deutsche Bank nevertheless judges this level of delivery “reassuring” because they were higher than the figures that had appeared. Similarly, in the press. Moreover, The bank discusses more particularly a resumption of airbus group: why, despite its deliveries of the A320 NEO family. Consequently, the group’s best-sellers mono-long, a real “cash-machine”, at 54 units over the month.

On the Paris Stock Exchange, the Airbus action took 0.1% at 177.6 euros around 3 p.m.

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A few months to reverse the steam – Airbus group: why, despite its

The fact remains that Airbus remains late on its passing times. Nevertheless, At the end of July, the ex-eads had delivered 373 planes, against 400 on the same date of 2025, or 7% less. However. Therefore, Airbus intends to send more devices to its customers this year than in 2024, with a target of 820 planes, against 766 units delivered last year. Consequently,

The industrialist must therefore accelerate, knowing that the month of August did not change the situation. “From a historic point of view. airbus group: why, despite its August is generally one of the lowest months of the year in terms of deliveries, due to European holidays.

Between 2021 and 2024, the month of August represented on average only 6.4% of the total annual deliveries of Airbus, against an average of 8.5% for all other months, “calculates Royal Bank of Canada. The Canadian bank tables on deliveries of 53 planes in August, compared to 47 in the same month of 2025.

In other words, Airbus has four months (from September to December) to completely overthrow the steam. And not missing his target of deliveries as had been the case in 2024 (the group had then lowered its target from 800 to 770 planes in June). in 2022.

Questioned last week at a conference call held on the occasion of the publication of the group’s half -yearly results. the executive president, Guillaume Faury was confident, while recognizing airbus group: why, despite its that holding this objective would not be easy.

The “gliders” in question

The leader cited two elements justifying his optimism. First. Airbus had already found itself in a similar situation, in 2018, and had managed to finish the year in a rush, then holding its goal.

Then. above all, Airbus’s current deliveries do not necessarily reflect the progress made by the company in the rise in cadence of its production.

This because the group faces an unusually high number of “gliders” (‘gliders “). Planeurs are planes whose production is completed, but which, for lack of engines, cannot be delivered to their customers. Airbus is forced to store them in a hangar while waiting for the engine.

Due to supply problems with its two engines suppliers for the A320 NEO family. CFM International (Contéreprise de Safran and GE Aerospace) and Pratt & Whitney, the aircraft manufacturer produced 60 gliders at airbus group: why, despite its the end of June. This while, usually, the company has no more than a few, explained Guillaume Faury.

The manager explained. however, that Iirbus had defined a plan with the engine manufacturers, CFM in particular, to return to a figure of 0 gliders at the end of the year.

Feasable. according to analysts

This point leads analysts to be relatively optimistic about Airbus’ ability to achieve its target of 820 aircraft delivered.

“Airbus must increase its deliveries by 22 % in the second half in order to achieve its objective of 820 deliveries. Given the comments on production. 60 planes produced in the first half (which should be reduced to zero by the end of the year), this objective seems to be achievable provided that driving for motors for the A320 are accelerating, the comments indicating a complete catch -up by the end of October”, explains Jefferies.

“If we airbus group: why, despite its start from the principle that Airbus has already delivered these 60 planes (assuming again that it does it by the end of the year). the company will have to deliver around 77 aircraft per month to reach the 820 planned in 2025. We think that a rhythm of 77 aircraft per month is achievable. because Airbus has been able to deliver 366 devices in the last five months of 2024, or about 73 Royal Bank of Canada abounds.

Recall that the advancement of Airbus deliveries is very followed by the market because it is when a customer receives his plane in the right. due to that he makes the main payment. The trajectory of deliveries of group devices thus gives an indication of its generation of cash.

Since 2021. Airbus has been leading a delicate rise in cadence of the production of its planes, especially in its single -offs, airbus group: why, despite its with its flagship family of aircraft, the A320 NEO. The company plans to reach a monthly production rate of 75 planes from this family in 2027. a objective that the group initially had to reach in 2025.

The company must deal with persistent tensions on its supply chain. which are notably due to the fact that its many subcontractors had experienced a “hibernation” phase during the pandemic.

Touffes. Jefferies stresses that the company indicated, at the last aeronautical show in June, last, having exceeded its production rate prior to the pandemic on the A320 NEO family. This means that Airbus would produce more than 60 planes from this family per month.

Jefferies retains a rate of 62 to 64 planes per month. This indication has strengthened the optimism of the bank. which largely noted its course goal last Friday, going to 225 euros against 175 euros previously (and a airbus group: why, despite its current Airbus course around 178 euros).

Julien Marion – © 2025 BFM Bourse