Airbus cuts financial targets and takes 965 million space charge

Get the Full StoryAs a result of the lower delivery forecasts, which imply annual growth of 5 instead of 9 , Airbus lowered its main financial targets for 2024.

Airbus softened key industrial and financial targets and took a hefty 900-million-euro 965 million charge for its troubled space activities as Europe s largest aerospace group sought a clean slate approach to supply disruptions and commercial risks.

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