Airbus May Not Reach 2003 Delivery Goals

Airbus said it may not reach its goal of delivering 300 planes this year as the economy slows, leading airlines to cancel or delay more aircraft orders.

The second-biggest maker of large commercial aircraft said revenue fell 5% last year as it delivered 303 planes worth about $20.6 billion, compared with a record 325 planes in 2001. Airlines canceled orders for 67 aircraft.