Boeing predicts resumption of 787 deliveries as Airbus delays A320 production ramp-up

In second-quarter financial presentations, the world’s largest aircraft manufacturers indicate a pick-up in air travel demand, despite problems with the production chain

Boeing and Airbus released their second-quarter figures on Wednesday with optimistic forecasts despite problems in the production chain.

The US manufacturer, which still suffers from the effects of past management mistakes, posted gross revenue of $16.7 billion, slightly lower than the same period.

The 737 MAX led the company’s recovery with 103 deliveries in the previous quarter. Boeing also claimed to have reached a monthly production of 31 aircraft, as forecast.

The situation was not better because the widebody 787 Dreamliner remained without deliveries due to pending issues with the FAA. But Boeing CEO Dave Calhoun told company officials that “Our 787 team is in the final stages of preparing to restart and continues to work through the comprehensive deliveries and transparent process with our regulator.”

The resumption of deliveries and the restart of production are expected in the coming weeks.

Boeing 737 MAX 8 (Jeroen Stroes Aviation Photography/CC)

Slowest growing production ratio

Airbus, on the other hand, claimed to have obtained a revenue of 24.8 billion euros in the first half, with the delivery of commercial aircraft.

The target of reaching a monthly production rate of 75 A320neo family aircraft was maintained for 2025, however, the European company revised the ramp-up trajectory, which previously predicted 65 jets per month in the second half of 2023. This level will be reached in early 2024, according to Guilhaume Faury, CEO of Airbus.

“The supply chain challenges are leading us to adjust the A320 Family ramp-up steps in 2022 and 2023, and we now target a monthly rate of 65 in early 2024. Our aircraft delivery target for 2022 has been updated accordingly,” the executive said.

According to Airbus, the delivery target of 720 aircraft was revised to 700 aircraft due to difficulties with suppliers.

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