Airbus shares climbed in European trading after the aircraft manufacturer raised its profit outlook, citing robust demand for passenger and freight jets.
The company also announced plans for a new jet variant, signaling confidence in the long-term recovery of global air travel and cargo logistics.
The European aerospace giant is targeting approximately €10 billion in operating profit for its commercial aircraft division by 2029, a significant increase from previous guidance.
The European aerospace giant is targeting approximately €10 billion in operating profit for its commercial aircraft division by 2029, a significant increase from previous guidance.
This ambitious financial trajectory is underpinned by strong order books and a growing backlog, particularly in the passenger and freight segments.
The introduction of a new jet version is expected to further diversify Airbus’s product portfolio and capture additional market share in key routes.
Investors have responded positively to the revised guidance, viewing it as a testament to Airbus’s operational resilience and strategic positioning.