Airbus shares fall on lower output targets amid Pratt & Whitney row.

Airbus shares fell on Thursday as the aircraft maker said major shortages of Pratt & Whitney engines had led to a slowdown in production of its A320 jets, forcing it to cut delivery targets and threaten action to enforce its contractual rights with the supplier.

Airbus
19 February 2026 12:28:05

Source: Sharecast

The company said it now expected to make 70 - 75 of its best-selling A320 aircraft a month by the end of next year compared with a previous target of 75.

"Pratt & Whitney's failure to commit to the number of engines ordered by Airbus is negatively impacting this year's guidance and the ramp-up trajectory," Airbus said in a statement as its shares fell 6%.

Pratt & Whitney makes engines for 40% of the narrowbody A320neo-series jets.

Airbus chief executive Guillaume Faury said the engine shortage remained "significant" and later added on an earnings call that Airbus wanted to enforce its contractual rights against Pratt & Whitney.

The group is forecasting roughly 870 commercial aircraft deliveries this year compared with 793 planes in 2025 and

Revenue for the three months to the end of December grew 5% year on year to €25.98bn euros, lower than forecasts of €26.51bn. Adjusted operating profit rose 17% to €2.98bn, beating estimates of €2.87bn, according to a company-compiled consensus.

Reporting by Frank Prenesti for Sharecast.com

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