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Airbus deliveries fell 6% in May due to pressure on the supply chain

Airbus confirmed on Wednesday that it delivered 6% fewer planes in May, compared to the same month last year, at a time when the aerospace industry struggles with tight supply chains.

It delivered 47 aircraft, bringing the total for the year so far to 235, 7% more than in the first five months of 2021.

Deliveries included 37 of the A320 Family single-aisle aircraft that make up the bulk of the company's revenue, suggesting that Airbus added to a backlog of undelivered aircraft based on its latest announced production pace of 50 a month.

The manufacturer said it wants to raise A320 production to 65 a month by the middle of next year, boosted by a quick recovery in the medium-haul travel. From there, its goal is to reach 75 planes per month in 2025.

"It's not the breakthrough Airbus would have wanted," a supply chain source said of the May deliveries. The manufacturer's goal is to make a total of 720 commercial deliveries this year.Chief Executive Officer Guillaume Faury said Tuesday that Airbus remains confident in its future production forecasts.

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