Analysis: Airbus faces steep climb in 'make or break' delivery year

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Analysis: Airbus faces steep climb in 'make or break' delivery year
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Airbus and U.S. rival Boeing were locked in a dead heat for deliveries for the first two months of the year, but the European planemaker has a tougher task to meet annual forecasts amid ongoing supply woes.

In February, Airbus delivered 46 jets, up from 20 in January, for a total of 66 in the first two months of 2023. That compares with 79 in the same period of 2022.28 aircraft in February, down from 38 in January amid a pause in 787 deliveries.

In the 10 years to 2018 - ignoring distortions from the Boeing MAX crisis in 2019 and COVID-19 disruptions since 2020 - Boeing secured an average of 13% of its annual deliveries in the first two months, while Airbus averaged 12%, Reuters calculates. Airbus is not alone in facing industrial problems. Lessors have said both jetmakers are delivering planes three-to-six months late, though Airbus is pushing to maintain higher industrial output.Faury told reporters last month that although he had been "disappointed" with January's slow start, Airbus was on track to meet its annual delivery target.

Airbus has for the most part blamed industrial delays on disruption at suppliers, though sources say its own internal operational performance and controls are alsoThe challenges appear to have captured the attention of the Airbus board, which said in a report issued ahead of the company's upcoming shareholder meeting that it planned to hold in-depth sessions on supply-chain management and other issues.

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