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.
June 17, 2026 - 02:28
City Council rejects first reading of budget, amendment approved to finance Ajax Turner non-profitThe City Council held its second first reading of the Fiscal Year budget on Tuesday night, but the outcome mirrored the previous session. Despite cutting more than $697,000 in proposed spending,...
June 16, 2026 - 22:13
'El Jefe' speaks: forget about 2008, it's really more like 2004The most senior chief financial officer among New York-listed companies has a message for investors who are bracing for a repeat of the 2008 financial crisis: calm down. According to the executive,...
June 16, 2026 - 07:40
RBA interest rate decision live: Aussies 'forced into hibernation' brace for year of painThe Reserve Bank of Australia has announced its latest cash rate decision, keeping interest rates on hold at 4.35 percent. The move was widely expected by economists, but it offers little relief...
June 15, 2026 - 19:13
VHFA Awards Tax Credits to Support 241 Affordable Housing UnitsThe Vermont Housing Finance Agency has set aside low-income housing tax credits to support the creation or preservation of 241 affordable housing units throughout the state. The funding will go...