News
Airbus maintains 2022 guidance
April 14th 2022
Airbus has reaffirmed its February financial and aircraft delivery guidance at the company's annual general meeting in Amsterdam, despite the challenges presented to industry by Russia's invasion of Ukraine. Read More » The company’s previous guidance of 720 commercial aircraft deliveries, adjusted earnings before interest and tax (EBIT) of 5.5 billion euro (US$6 billion), free cash flow before mergers and acquisitions and customer financing of 3.5 billion euro is unchanged. "It is clear the war in Ukraine is making it harder as we now have a more challenging risk profile," Airbus CEO, Guillaume Faury, told shareholders. "That being said, we still have three quarters ahead of us and we continue to believe we can achieve it. We also will maintain focus on our earnings and free cash flow growth trajectory beyond 2022, always with safety, quality, integrity and compliance as the foundations of all we do."
Ralph Ziggler says:
April 17th 2022 08:13pm