Airbus aims to ramp up production to 820 planes in 2024, representing a 7% increase from the previous year, despite ongoing supply chain issues exacerbated by COVID-19 disruptions. The company faces financial pressures, reporting an 8% drop in income to €5.4 billion, while their space division suffers further losses. CEO Guillaume Faury remains optimistic, citing solid demand backed by strong orders. Compounding challenges arise from potential new tariffs amid a trade war, especially given U.S. President Donald Trump's consideration of alternative aircraft for Air Force One.
Airbus aims to produce 820 planes this year, overcoming supply chain issues while facing a challenging fiscal outlook with an 8% drop in income.
Despite a testing year, Airbus's CEO noted a strong order intake suggests substantial demand for the company's products and services.
The company is considering a merger with Thales's space division amid ongoing struggles within its space business, which reported significant losses.
Boeing's safety crises have positioned Airbus as the clear leader in the aerospace industry, yet Boeing's recovery attempts persist amidst Trump's potential alternative purchasing plans.
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