By Dimitri Rhodes and Tim Hepher

Summary:

– Delivery target down 4% from 820 due to fuselage panel flaw.

– 628 A320s require inspection; repairs take 3–5 weeks each.

– Financial goals unchanged: €7B operating income, €4.5B free cash flow.

Airbus cut its full-year commercial delivery target by 4% to around 790 jet s on Wednesday but maintained its financial goals, sending its shares bouncing higher as the European planemaker cleared the air over its latest industrial setback.

The decision to act came a day after CEO Guillaume Faury con firm ed “weak” November deliveries due to a fuselage quality problem and told Reuters that Airbus would decide on the impact for the rest of the year “in the hours and days” to come.

Airbus shares rose more than 3%, after fa

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