Airbus predicted a 7% rise in commercial deliveries to around 820 jets in 2025 and confirmed a delay to its A350 freighter model as it posted lower core annual operating earnings broadly in line with expectations on Thursday.

Airbus has published its financial results for 2024 with the planemaker aiming to deliver around 820 new commercial airplanes in 2025.

Airbus set a modest aircraft delivery target for 2025 and took an additional charge against its space business as the world’s largest planemaker continued to struggle with supply chain constraints.

Airbus Group (EADSF) targets to deliver 820 jets in 2025, aiming for a 7% year-over-year growth despite its new A350 freighter facing delays.

Airbus flagged short-term production pressures and confirmed a delay to its A350 freighter as it predicted a 7% increase in deliveries to around 820 jets this year, while continuing to clean up troubled space and defence projects.