Airbus CEO confident in his 75 aircraft per month 2027 production goal

Investing.com -- CEO of Airbus, Guillaume Faury, expressed confidence in the company's goal to manufacture 75 single-aisle aircraft per month by 2027. This confidence is founded on Airbus' investments, focus on its supply chain, and its proactive hiring strategy.

Faury communicated this assurance to Reuters reporters on Wednesday, stating, "By 2027 we will be with the capacity rate 75 fully in place, and that's something we are very confident of."

In July, the European planemaker had reduced its annual delivery target to approximately 770 aircraft from an initial 800. This adjustment followed a surprise decrease in supplies from engine maker CFM, which Faury described as a short-term issue that impacted deliveries last year and would do so this year as well, but not beyond.

He stated, "The CFM engine issues are absolutely not a problem to the rate 75."

As Airbus gradually increases production towards its target, the company is working to ensure that each supplier has a plan to overcome potential challenges. Faury emphasized, "We are going at the pace of the slowest of our suppliers."

When questioned about the possibility of Airbus increasing production beyond 75 per month post-2027, Faury clarified that such an increase was not currently planned. He explained, "The plan is to go to 75 and stay at 75 for some years." He further justified this by stating, "This is a prudent level of production in terms of being sure that the demand will remain higher than the supply for quite a while."

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Source: Investing.com