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Airbus faces supply chain challenges that put the full-year delivery target at risk. September saw Airbus book 235 orders worth $14.5 billion, led by the A321neo, indicating robust demand. Deliveries decreased year-on-year, highlighting persistent supply chain bottlenecks, with Airbus now expecting a 5% delivery increase instead of 9%.

Airbus is holding off taking a charge for 2,500 newly announced job cuts in its Defence and Space unit as it assesses their financial impact, the company told analysts on Wednesday.

The cuts come as the company battles with delays, increased costs and competition from the likes of SpaceX.

Airbus Group (EPA:AIR) is cutting up to 2,500 jobs in its defence and space business due to tough competition and "rapid changes in warfare". The French aircraft maker said it planned to axe around 7% of the division's workforce by the middle of 2026.

Airbus plans to cut up to 2,500 posts in its Defence & Space division, a person familiar with the matter said on Wednesday, confirming an AFP report.

Airbus deliveries fell 9% in September to 50 aircraft, compared with the same month last year, the European planemaker said on Wednesday.

Airbus (EADSY, Financial) is encountering increasing difficulties in meeting its annual delivery goals. Sources indicate that the company delivered approximately 50 aircraft in September, suggesting that it might only reach about 500 deliveries for the year, significantly short of the revised target of 770, a reduction from the original 800 due to engine shortages and supply chain issues.

Airbus delivered 50 jets in September, down from 55 a year earlier, industry sources said.

Airbus deliveries are closing September at a slower pace than a year ago, raising increased questions over its ability to hit a revised annual target, analysts and industry sources said.

FTAI Aviation benefits from Boeing and Airbus delivery delays, driving demand for aftermarket services, especially in engine leasing and maintenance. Despite higher input costs and inflationary pressures, FTAI Aviation's Q2 2024 revenues grew 61.7%, with adjusted EBITDA up 40% to $213.9 million. FTAI Aviation raised its 2024 EBITDA guidance to $825-$850 million and its 2026 target to $1.25 billion, reflecting strong demand and growth prospects.