Airbus deliveries remain hampered by engine delays

Airbus delivered 47 aircraft in July to reach the half-way point in its target for the year, but its narrowbody A320neo family continues to feel the disruption from delays in getting the latest generation of engines from their manufacturers. The planemaker said Friday it had delivered 9 of the upgraded medium-haul jetliners in July, bringing total A320neo-family deliveries so far this year to 68, just a third of the full-year target of 200 for that model. Airbus said last week its earnings had been hit by delays in receiving engines for the aircraft type and increased pressure on engine supplier Pratt & Whitney, a unit of United Technologies that has been hampered by a series of glitches. Total Airbus airplane deliveries between January and July reached 353 aircraft, propelled by brisk deliveries of the earlier A320 model, Airbus said in a monthly data release. That compares with a full-year target of around 700.<br/>
Reuters
http://www.reuters.com/article/us-global-forex-idUSKBN1AN01S
8/5/17