PARIS: Airbus softened its main jet production target on Thursday, citing “significant shortages” of engines from one of its main suppliers, RTX unit Pratt & Whitney, as it reported a 17% rise in core fourth-quarter profits.
The world’s largest planemaker now targets a narrowbody output rate of between 70 and 75 jets a month by the end of next year, stabilising at 75 a month beyond 2027.
It had previously predicted a monthly rate of 75 in 2027, up from around 60 now.
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