Reported about 9 hours ago
Airbus reported stronger-than-expected first-quarter revenues and core profit, reaffirming its targets for the year despite ongoing supply chain challenges and a potential tariff war. The company’s adjusted operating income rose by 8% to €624 million, while revenues increased by 6% to €13.54 billion, driven largely by its defense sector. While Airbus aims for 820 aircraft deliveries in 2025, it cautioned that these would be delayed due to production issues and is advocating for a return to a previous treaty ensuring duty-free trade in aircraft.
Source: YAHOO