By Mauro Orru

Airbus confirmed its aircraft delivery and financial targets for the year, but said its guidance excluded any impact from President Trump's tariffs because it is too early to quantify.

The European plane maker said tariffs were bringing complexity and uncertainty in terms of implementation, scope and duration at a time when Airbus is still trying to shake off supply-chain hurdles that are making it difficult to procure the parts it needs to assemble its aircraft.

"We are closely monitoring and assessing the situation, but it is too early to quantify the impact today," Chief Executive Guillaume Faury said.

Trump earlier this month slapped tariffs on dozens of nations, ushering in days of turmoil in financial markets. He subsequently backtracked with a 90-day pause on most tariffs, providing a window to negotiate trade deals. However, Washington is still locking horns with Beijing, which has been excluded from the 90-day suspension.

Tariffs could pose another challenge to Airbus while it grapples with supply-chain snags. Faury told shareholders at the company's annual general meeting earlier this month that supply-chain challenges, particularly with Kansas-based jet-parts maker Spirit AeroSystems Holdings, were putting pressure on plans to ramp up production of its A220 narrow-body and A350 wide-body aircraft.

Earlier this week, Airbus agreed to take over some Spirit facilities that make parts for its jets in the U.S., Europe and Africa, moving to take direct control of production in a bid to stabilize supply chains after months of disruption.

Airbus said it still expects to produce 14 of its A220 aircraft a month in 2026 and 75 A320 narrow-body planes a month in 2027. It also expects to produce around 4 A330 planes a month, though it didn't provide a date. For its bigger model, the company continues to target 12 A350s a month in 2028. The group has been forced to delay the entry into service of the A350 freighter variant to the second half of 2027 from 2026 previously.

The group expects to deliver roughly 820 commercial aircraft to customers this year, more than the 766 planes it dispatched in 2024. The company had shipped 136 planes by the end of March. Faury said that while Airbus was ramping up production in line with plans, the bulk of deliveries would be made later in the year due to supply-chain challenges.

Adjusted earnings before interest and taxes--Airbus's preferred measure of profitability--are expected at around 7 billion euros ($7.97 billion) this year, while free cash flow before customer financing--a metric closely watched by analysts and investors--is projected at around 4.5 billion euros.

Airbus posted 13.54 billion euros in revenue for the three months to the end of March, up 6% on year. Net profit grew 33% to 793 million euros, while adjusted EBIT increased 8% to 624 million euros.

Analysts had forecast revenue of 12.95 billion euros, net profit of 516 million euros and adjusted EBIT of 602 million euros, according to a market consensus provided by the company based on estimates from 15 analysts.

Write to Mauro Orru at mauro.orru@wsj.com

(END) Dow Jones Newswires

April 30, 2025 12:25 ET (16:25 GMT)

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