Airbus Group SE executives are trying to end what has become an unwanted annual rite: the plane maker’s scramble to hit its year-end jet-delivery promise.
Last December, the company cranked out 79 aircraft, a record monthly output that represented about 12% of its annual total. The feat provided last-minute relief for anxious investors, who had started to worry Airbus would miss its 2015 goal. The company ended up meeting it, but had to pull the corporate equivalent of an all-nighter to make it happen.
In 2014, it kept investors on the edge of their seats, too. It delivered 75 aircraft in December—again, about 12% of its annual output—to meet its yearly output promise. It was largely the same drill the two previous years.
“It is certainly a frustration for us,” said Tom Williams, chief operating officer at Airbus’s jetliner unit. “We need to do better.”
Unfortunately, the WSJ seems to have moved to close the well-known loophole that allowed free reading. To-day, the usual Google query based on copying-and-pasting the full article title only returned an offer for a 24 hour free use ...
The article title, however, makes me cringe. Using the word 'procrastinate' (suggesting laziness, when Airbus meets with genuine production issues) is both derogatory and ignorant. It's the second time in two or three months that the WSJ is using this word to characterise Airbus. Is it just trying to please Boeing, a major advertiser ? If so, I am not sure this is an effective method.
August seems to become quite a big month regarding deliveries. It will be interesting to read the next monthly Airbus spreadsheet. By my count 46 A320 family, 7 A330 family and 6 A350-900 have been delivered, only the A380 seems to be stalled. A very busy August compared to other years at Airbus.
Airbus delivered more aircraft in August than for the same period in any previous year, its top planemaking executive said on Tuesday, in a breakthrough that improves its chances of meeting 2016 targets after earlier delays in receiving parts.
"We tend to deliver a lot of planes in the last few days of the month, but what I can already tell you is that it will be the best month of August in Airbus's history, in terms of the number of planes delivered," said Bregier, who is president and chief executive of the planemaking unit of Airbus Group(AIR.PA).