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Airbus Q1 Deliveries Down 11% Amid Engine Shortage

April 1, 2026

1 min read

Key Takeaways

Airbus delivered 114 aircraft in Q1, down from 136 in 2025.
Commercial aircraft revenues fell 11% to €8.4 billion.
Adjusted earnings for the division dropped 84% to €81 million.
Pratt & Whitney engine shortage affects A320neo production.

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Strategic Implications

The decline in Airbus deliveries may indicate supply chain vulnerabilities, which could impact the company's ability to meet production targets. The Pratt & Whitney engine shortage suggests that engine manufacturers may be a key pacing factor in commercial aircraft production, which could have broader implications for the industry.

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What Happened

A320neo Production Affected By Pratt & Whitney Engine Delays

Airbus’s first-quarter commercial aircraft revenues declined by 11% due to a slowdown in deliveries, with the company handing over 114 aircraft in the first three months, down from 136 in 2025. The decline was largely driven by an insufficient supply of Pratt & Whitney engines, which affected production of the A320neo family. Despite this, Airbus is maintaining its forecast for 870 commercial aircraft deliveries this year, according to FlightGlobal.

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