January 7, 2025 - 18:24
Airbus is grappling with the financial implications of last-minute concessions made to airlines, aimed at addressing a series of minor quality issues. This scramble led to the delivery of a provisional total of 123 jets in December, as industry sources report. The surge in deliveries has set preliminary figures for 2024 at 766 jets, marking a 4% increase from 2023. However, these numbers remain subject to internal audits, which could potentially reduce the final tally by one or two jets before the official announcement is made.
Despite these challenges, Airbus is anticipated to present a positive outlook, having established a baseline of 750 jets in its guidance of "around 770" deliveries during an analyst briefing in October. The company’s ability to navigate this delivery crunch, while managing quality concerns, will be crucial as it looks to maintain its position as the world's largest aircraft manufacturer. The coming weeks will reveal how these adjustments impact Airbus's financial health and market standing.
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Navigating Financial Stability Amidst Policy Turmoil from Trump and MuskPresident Donald Trump and Elon Musk have followed through on their promise to shake things up, but the policies that have been changing at a head-spinning rate are leaving many middle-class...
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Missouri Lawmakers Take Action to Retain Kansas City ChiefsThe battle over where the NFL’s Kansas City Chiefs will end up is intensifying, with Missouri lawmakers taking a major step to keep the team from crossing state lines. Recent developments have...
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Kip McGrath Education Centres Faces Declining Stock Amid Financial ConcernsWith its stock down 13% over the past three months, Kip McGrath Education Centres is facing scrutiny as investors react to its weak financial prospects. The company`s recent performance has raised...
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Kevin O'Leary Reflects on Balancing Wealth and Family LifeInvestor and entrepreneur Kevin O’Leary, famously known as “Mr. Wonderful” from the reality show “Shark Tank,” recently shared insights on the challenges of building wealth while raising...