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

What's going on with Airbus shares?

05:05am, Tuesday, 25'th Jun 2024
Shares in Airbus fell by nearly 11% on Tuesday following the company's announcement of reduced targets for 2024. The aerospace giant revised its adjusted earnings before interest and taxes (EBIT) to a
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
We believe that Boeing (NYSE: BA) is currently a better pick over Airbus (OTCMKTS: EADSY), given its attractive valuation. Airbus trades at a higher valuation of 1.9x trailing revenues, compared to 1.
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.

Airbus: This Stock Is Plane Awesome

10:51am, Monday, 17'th Jun 2024
Airbus SE is a dominant player in the commercial aerospace sector, with strong growth potential and a pristine balance sheet. The company is strategically investing for long-term growth, with a signif
Belgium will buy 15 Airbus multi-role H145M helicopters for its army and another two for its federal police force, the European aircraft maker said on Monday.
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