Airbus Reports Lower Core Profit and Slower Deliveries in First Quarter
Airbus reported a 52% decline in first-quarter core profit to 300 million euros, missing market expectations due to slower aircraft deliveries and a weaker U.S. dollar. Revenue also fell 7% to 12.65 billion euros. The company aims to deliver 870 aircraft in 2026 but faces challenges in meeting its production targets.
Topics: Airbus aviation industry deliveries earnings profit revenue