Airbus shares climbed in European trading after the aircraft manufacturer unveiled an ambitious financial trajectory, targeting approximately €10 billion in operating profit for its commercial aircraft division by 2029.
The guidance, announced at the Farnborough International Airshow, signals a significant acceleration in the company's growth expectations.
The market reaction was immediate and positive, with investors buying into the revised outlook.
The rally reflects confidence in the robust demand for both passenger and freight jets, which underpins the company's ability to deliver on its expanded profit targets.
Trading activity intensified as the news broke, pushing the stock higher against a backdrop of generally stable European equities.
Alongside the financial targets, Airbus revealed plans for a new jet variant, reinforcing its strategy to maintain technological leadership in the narrow-body segment.