Airbus expressed frustration with Pratt & Whitney during its full-year earnings presentation on 19 February, blaming GTF engine delivery delays for a reduced A320 production rate target of 70-75 aircraft per month by end-2027, down from 75. Chief executive Guillaume Faury stated Pratt & Whitney’s failure to commit to ordered engines impacts guidance and ramp-up, with Airbus enforcing contractual rights. The PW1000G geared turbofan recall due to a powdered metal issue grounds hundreds of A320neo-family aircraft and delays new deliveries, as Pratt reallocates engines to in-service fleets.
Airbus reported €73.4 billion revenue, up 6%, and €7.1 billion adjusted EBIT, up 33%. It expects 870 commercial aircraft deliveries in 2026, up nearly 10% from 793 in 2025, with 1,000 gross orders in 2025 and an 8,754-aircraft backlog. A220 production targets 13 per month in 2028, down from 14 in 2026; A330 and A350 rates unchanged at five and 12 monthly. Faury criticized slow sustainable aviation fuel progress, noting Europe’s 2% mandate rising to 6% in 2030, but called for global SAF targets amid fragmentation.