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00:03Airbus cut its 2025 delivery target to about 790 jets after identifying metal panel issues
00:09on some A320 fuselages linked to a supplier, according to Benzinga.
00:14The company is keeping its financial outlook, aiming for about 7.0 billion euros in adjusted
00:20EBIT and roughly 4.5 billion euros in free cash flow before customer financing.
00:25A spokesperson said, the problem's source has been identified, is now contained, and
00:31that all newly produced panels meet required standards.
00:35The adjustment follows urgent repairs ordered last month for 6,000 A320 aircraft after a
00:40JetBlue incident involving unexpected altitude loss.
00:44Airbus will report November orders and deliveries on December 5th.
00:48The company previously posted nine-month revenue of 47.4 billion euros, up 7 percent, supported
00:55by higher commercial helicopter and defense deliveries.
00:58For all things money, visit Benzinga.com.
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