Key facts
- Airbus maintained its full-year delivery target of around 870 aircraft.
- Third-quarter adjusted operating profit was 1.77 billion euros.
- Third-quarter revenue fell 2% to 17.47 billion euros.
Airbus maintained its full-year forecasts and production plans on Wednesday after reporting mixed third-quarter earnings. The world's largest planemaker stuck to its target of delivering around 870 aircraft this year, which would be its highest tally ever. Airbus said adjusted operating profit reached 1.77 billion euros ($2 billion) in the three months to end-September, broadly matching analysts' estimates. Revenue fell 2% to 17.47 billion euros, below estimates. The company expects a strong fourth quarter to meet its delivery goal, despite historical challenges with supply chains. Free cash flow before customer financing was a negative 1.27 billion euros, reflecting higher inventories for year-end deliveries.