Airbus Warns Of Aircraft Delivery Delays Through 2026: Report
Portfolio Pulse from Shivani Kumaresan
Airbus SE (OTC:EADSY) has warned of potential aircraft delivery delays through 2026 due to ongoing supply-chain issues. The company will not meet its 2024 delivery targets and has delayed increasing the production rate of the A320 model. This has led to a 3.7% drop in Airbus shares in Paris and a downward revision of earnings and cash flow guidance for the year.
June 27, 2024 | 1:14 pm
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Airbus SE has warned of potential aircraft delivery delays through 2026 due to supply-chain issues, leading to a 3.7% drop in shares and a downward revision of earnings and cash flow guidance for the year.
The news of delivery delays and supply-chain issues directly impacts Airbus SE's financial performance and stock price. The company's inability to meet delivery targets and the delay in increasing production rates have led to a downward revision of earnings and cash flow guidance, causing a negative market reaction.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100