Airbus shares fall 9% as company cuts 2024 guidance on targets, deliveries
Publishing timestamp: 2024-06-25 07:29:46
Summary
Airbus shares fell 9% after the company announced it was cutting its financial targets for 2024 due to supply chain issues and additional costs in its space systems division. The company now expects lower earnings before interest and taxes and fewer commercial aircraft deliveries this year.
Sentiment: NEGATIVE
Tickers: AIR-FR,
Keywords: breaking news: business, transportation, airbus, business news, breaking news: markets, markets, airbus se, aircraft manufacturing, aerospace and defense industry,