Airbus CEO Says R&T Not At The Point Of Launching New Plane Programmes, Any Request For European Support Would Be Much Later In The Decade If At All
Portfolio Pulse from Benzinga Newsdesk
Airbus CEO announced that Research & Technology (R&T) is not yet ready to launch new plane programs, indicating any request for European support would come much later in the decade, if at all.
April 25, 2024 | 4:58 pm
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NEGATIVE IMPACT
Airbus CEO's statement on delaying new plane programs may impact investor expectations on the company's innovation timeline and potential future earnings.
The CEO's announcement directly impacts Airbus by potentially delaying future revenue streams from new plane programs. This delay could lead to short-term negative sentiment among investors, concerned about the pace of innovation and growth prospects.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 90