Airbus Q1 Core Profit Halved Due to Slower Aircraft Deliveries and Weaker Dollar
Airbus reported a significant decline in Q1 core profit, which fell below market expectations due to reduced aircraft deliveries and the impact of a weaker dollar. The company's shares dropped 1.6% following the report. The slowdown in deliveries was the lowest since 2009.
Topics: airbus aircraft deliveries earnings profit decline q1 results