Airbus SE boosted its earnings and cash-flow targets for the second time this year, banking on a recovery in air travel to support its push to boost jetliner output.

Adjusted operating profit will reach 4.5 billion euros ($7.04 billion), compared with 4 billion euros previously forecast, the European planemaker said in a statement Thursday. The company stood by an earlier goal of delivering 600 jets this year, even after third-quarter handovers disappointed some investors. 

The strong financial performance comes as Airbus seeks to rally suppliers and customers in support of a significant ramp-up of production through 2025. Aircraft lessors and enginemakers have pushed back against those plans, with Raytheon Technologies Corp. Chief Executive Officer Greg Hayes saying Tuesday that he wasn’t sure the market would support build rates of 75 A320-series jets per month. 

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