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Airbus Monitors China’s Growth, Aims to Meet 2024 Delivery Targets

Airbus Monitors China’s Growth Amid Intensifying Competition
Airbus CEO Guillaume Faury emphasized the company’s close attention to China’s expanding role in commercial aircraft manufacturing during an industry conference in Washington, D.C. Chinese firms, notably Comac with its C919 jet, are gaining traction in a domestic market that now accounts for approximately 20% of global demand. This shift is altering the competitive landscape, as China’s sizeable internal market provides a substantial platform for its manufacturers to develop and compete.
Faury acknowledged the evolving dynamics, noting that while new entrants have historically struggled in the aircraft manufacturing sector, China’s domestic market offers a unique advantage. “We’re looking at them very seriously. So there’s a bit of change in dynamics,” he said. The presence of a robust domestic market allows Chinese manufacturers to build experience and scale, a factor Airbus is carefully considering in its strategic planning.
Delivery Targets and Supply Chain Challenges
Despite the growing competition and persistent supply chain difficulties, Airbus remains confident in its ability to meet ambitious delivery goals. The company aims to deliver up to 820 aircraft in 2025, a target that necessitates a significant increase in production capacity. After a slow start to the year, Airbus delivered around 60 aircraft in August, although it briefly trailed Boeing in monthly deliveries.
Boeing’s shares have risen amid reports of a potential 500-aircraft deal with China, a market that now constitutes 10% of Boeing’s order backlog. This development highlights the strategic importance of the Chinese aviation market for both Airbus and Boeing, intensifying competition between the two aerospace giants.
Faury underscored that Airbus’s ability to meet its delivery targets is closely tied to the performance of its engine suppliers, CFM International and Pratt & Whitney, who are working to resolve ongoing production issues. Engine shortages have posed a significant challenge across the industry, but Faury expressed optimism that improvements in the supply chain will enable Airbus to achieve its 2025 objectives.
As China’s aviation sector continues its rapid expansion and global supply chains face ongoing pressures, Airbus is navigating the dual challenges of monitoring emerging competitors and fulfilling record delivery commitments.

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