Faced with problems in its supply chains, Airbus on Monday lowered its total aircraft delivery target for 2024 to around 770, from around 800 previously, and postponed by one year, to 2027, its production forecast of 75 single-aisle aircraft per month.

The aircraft manufacturer also announced a charge of 900 million euros in its first-half accounts, which it attributes to certain telecommunications, navigation and space observation programs.

"We are accelerating, but more slowly than expected", Airbus CEO Guillaume Faury told journalists.

Reuters recently reported that Airbus was facing production delays due to parts shortages.

(Written by Tim Hepher, Nicolas Delame and Bertrand Boucey)