Airbus is incurring up-front costs as it prepares for higher jet production and plans a breathing space to absorb them once it reaches its output goal, its finance chief said on Wednesday.
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"We want to pre-hire to be ready to achieve rate-75 in 2026. But of course the costs are hitting us now while the full efficiency only comes in 2026, and potentially 2027 when we are at a stable rate," Chief Financial Officer Thomas Toepfer said in an interview. Airbus is also building two new assembly lines.
Toepfer declined to comment on first-quarter activity but said"acceleration" or ramp-up costs would pay off over time. For now, industry sources have said Airbus is lagging the unpublished milestones embedded in its output plans. Toepfer declined comment on current production but said strong deliveries in 2023 were a sign of the progress being made.
Airbus Jet Production Costs Finance Output Goal
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