Airbus Watches China’s Rise, Expects to Meet Delivery Targets This Year

Key Points

• Airbus is closely monitoring China's growing presence in commercial aircraft manufacturing, particularly with Comac's C919 jet.
• Despite supply chain challenges, Airbus expects to meet its 2025 delivery target of up to 820 planes, with improved supplier performance this year.
• Major aircraft manufacturers, including Airbus and Boeing, are securing large orders from China as the country represents a rapidly expanding travel market.

Summary

Airbus CEO Guillaume Faury stated that the company is keeping a close watch on China's emergence as a commercial aircraft manufacturer, especially with the development of the Comac C919, which is primarily operated by Chinese carriers but attracting some international interest. While the C919 is not yet approved for the U.S. or European markets, its presence is influencing industry dynamics as Airbus and Boeing secure major orders from China. Despite ongoing supply chain challenges, particularly with engine suppliers, Airbus remains confident in reaching its goal of delivering up to 820 planes this year, noting significant improvements in the overall supply chain.