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Airbus Targets Record Deliveries and Higher Profit, Delays A320 Ramp Over Pratt & Whitney Dispute

Investor sentiment weakened over growth plans constrained by unresolved engine supply commitments.

Overview

  • Airbus projects roughly 870 jet deliveries this year, setting a new company record above the 2019 peak of 863.
  • Adjusted EBIT guidance rises to about €7.5 billion, following 2025 results of €73.4 billion in revenue, just over €7.1 billion in adjusted EBIT, and around €5.2 billion in net profit.
  • The board proposes lifting the dividend to €3.20 per share from €3.00 after stronger 2025 earnings.
  • Airbus cites Pratt & Whitney’s failure to commit engine volumes for 2026–27 as a constraint on the A320 production ramp; Pratt & Whitney declined to comment.
  • The A320 output plan shifts from roughly 60 aircraft per month today to 70–75 only by end‑2027, with shares trading notably lower in early activity.