Reported 1 day ago
Airbus shares fell 2.2% amid a management shake-up, with Remi Maillard appointed as the new 'Head of Technology Airbus,' suggesting a potential de-emphasis on R&D. This shift raises concerns about cost-cutting in the commercial aircraft division, reflecting ongoing layoffs in other Airbus sectors. Despite the decline, analysts note that a focus on cost reductions could make Airbus stock more appealing to investors, particularly given its strong earnings growth and dividend yield.
Source: YAHOO