(Bloomberg) -- Airbus SE needs to deliver 97 planes in December to meet Chief Executive Officer Guillaume Faury's 2023 goal of 720 handovers.
The planemaker shipped 64 jets in November, taking the tally to 623 for the first 11 months of the year, according to a person familiar with the matter, who asked not to be identified ahead of an official announcement this week of monthly figures.
Output at Airbus typically skyrockets in December, as the European planemaker runs factories at full bore to meet annual targets. The company also completes the final work on aircraft that are largely built and waiting on parts, helping to boost the tally in the final month. In December 2022, the planemaker shipped 98 jets, and it routinely delivered more than 100 at year end before the Covid-19 pandemic snarled supply chains.
Read More: Airbus Sees Higher Output in 2024 Amid Surging Demand
As recently as last month, Faury expressed confidence Airbus could meet its year-end goal.
Planemakers are trying to strike a balance between customers buying planes in record numbers and suppliers struggling to keep up with the faster pace of production. Both Airbus and rival Boeing Co. have encountered roadblocks with manufacturing faults at some parts companies, making output more challenging.
Reuters reported earlier on Airbus's November deliveries.
More stories like this are available on bloomberg.com
©2023 Bloomberg L.P.
Comprehensive Budget 2026 coverage, LIVE TV analysis, Stock Market and Industry reactions, Income Tax changes and Latest News on NDTV Profit.
