Airbus softened key industrial and financial targets and took a hefty 900-million-euro ($965 million) charge for its troubled space activities as Europe's largest aerospace group sought a clean slate
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Airbus is poised to take over all or part of the operations of four Spirit AeroSystems plants as part of an impending deal that involves a carve-up of the U.S.-based aerostructures maker with Boeing ,
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CNBC's Charlotte Reed discusses Airbus' decision to cut its targets for 2024.
Airbus stock fell 11% after cutting 2023 delivery targets due to supply chain issues. It spells problems for airlines as Boeing has also reduced production.
Both Rolls-Royce Holdings PLC (LSE:RR.) and Melrose Industries PLC (LSE:MRO, OTC:MLSPF) are leading the FTSE 100 fallers today, down around 4%, after its key client Airbus Group (EPA:AIR) cut profit f
Airbus shares fell 10% early Tuesday after the European plane maker lowered its profit guidance for the full-year 2024 and said supply chain issues will see it deliver fewer aircraft than it previousl
Shares in Airbus fell on Tuesday after the company said it was cutting its financial targets for 2024. Airbus said it was now expecting lower earnings before tax and interest and fewer commercial airc
Airbus scaled back its outlook for the year as persistent supply-chain issues continue to deprive the planemaker of vital components. The challenges are also faced by rival Boeing, which has offered
Airbus on Monday lowered its 2024 total delivery target to around 770 airplanes from around 800 and pushed back its target of reaching production of 75 narrow-body airplanes.
Airbus booked 27 orders in May 2024, including A330neo and A321neo aircraft, with a net value of $2.7 billion. Airbus delivered 53 airplanes in May, totaling $3.4 billion, with a year-over-year decrea
Chinese state-owned planemaker COMAC has the opportunity to break Airbus and Boeing's duopoly of the passenger jet market over the next decade, the chief of aircraft leasing company Dubai Aerospace En
A United Airlines Airbus A320 flight bound for Denver had to turn back after takeoff.  A piece of its engine's sound-dampening outer liner fell off, causing an "abnormal noise.
Spirit AeroSystems Holdings Inc SPR is a key supplier for both Boeing Co BA and Airbus SE EADSY.
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