PARIS (Reuters) – Europe’s Airbus on Wednesday posted higher-than-expected underlying operating profit for the second quarter and reaffirmed its financial goals for the year, while narrowing its focus for future production to a single target.
The world’s largest planemaker said adjusted earnings before interest and tax rose 34% to 1.845 billion euros as revenues grew 24% to 15.9 billion, buoyed by higher jet deliveries.
In a results statement, Airbus reaffirmed plans to raise production of its best-selling A320neo-family jets to 75 jets a month in 2026, but withdrew any mention of a previously stated interim goal of 65 a month by end-2024, pointing instead to tactical adjustments in response to volatile supply chains.
(Reporting by Tim Hepher; Editing by Richard Lough)
