Airbus flagged short-term production pressures and confirmed a delay to its A350 freighter as it predicted a 7% increase in deliveries to around 820 jets this year, while continuing to clean up troubled space and defence projects.

Airbus has published its financial results for 2024 with the planemaker aiming to deliver around 820 new commercial airplanes in 2025.

Airbus has revealed that it met its 2024 guidance, with consolidated revenues rising 6% year-on-year to €69.23bn ($72.37bn), despite a challenging and rapidly evolving operational landscape. The increase is primarily attributed to a higher number of aircraft deliveries,

Airbus predicted a 7% rise in commercial deliveries to around 820 jets in 2025 and confirmed a delay to its A350 freighter model as it posted lower core annual operating earnings broadly in line with expectations on Thursday.