Aerospace

Airbus Adjusts speed of A320 Family ramp-up to rate 65 for 2023 and 2024

68 commercial aircraft deliveries in November, bringing annual deliveries to 565* aircraft as of end of November
Maintains the objective of reaching rate 75 by the middle of the decade

Adjusts speed of A320 Family ramp-up to rate 65 for 2023 and 2024

Based on its 68 commercial aircraft delivered in November and the challenging operating climate, Airbus SE believes that its goal of delivering “approximately 700” commercial aircraft deliveries in 2022 to now be out of reach. It is not anticipated that the final number will significantly fall short “about 700” delivery target.

Airbus remains committed to delivering its financial guidance as provided at the Nine-Month 2022 results**, meaning guidance for EBIT Adjusted and Free Cash Flow before M&A and Customer Financing remains unchanged.

Taking into account the fact that this complex environment will persist longer than previously expected, Airbus will be adjusting the speed of the A320 Family ramp-up to rate 65 for 2023 and 2024. Airbus maintains the objective of reaching rate 75 by the middle of the decade.

The full year 2022 Airbus commercial aircraft orders and deliveries will be disclosed – after audit – on 10 January 2023. Full Year results will be disclosed on 16 February 2023.

In November 2022 Airbus also registered 29 new orders and 14 cancellations bringing the backlog to 7,344 aircraft. More insights on the Company’s full month’s performance on airbus.com.

Aerospace

When Ratan Tata was denied entry to the airfield at the Aero India show, he waited

During our visit to Aero India 2019, we had the unexpected opportunity to see Ratan Tata at the event, which was a thrilling moment for us. However, there was a surprising hiccup when the security staff didn’t allow him to enter due to a lack of a security pass.

Despite this, he remained calm and patiently waited for about 20 minutes until a member of the Tata team brought him the required pass, after which he calmly proceeded inside. It was a humbling sight, showcasing his composed demeanor even in such situations.

Ratan Tata ji is not only a renowned industrialist but also a trained pilot, holding a pilot’s license. In 2007, he became the first Indian civilian to fly the F-16 Falcon during the Aero India show in Bangalore—a proud moment for the nation.

His passion for aviation extended beyond flying, as he played a key role in shaping India’s aerospace industry. Under his leadership, Tata ventured into manufacturing and maintaining aerospace components while upholding its legacy of quality. Notably, Tata’s collaboration with Airbus to develop and manufacture the C295 aircraft is a testament to its growing influence in the sector.