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.