Europe's Airbus misses core profit estimates as deliveries slow

By Gianluca Lo Nostro

Tue, April 28, 2026 astatine 10:49 AM CDT 1 min read

By Gianluca Lo Nostro

April 28 Reuters) - Europe's Airbus posted a crisp driblet ‌in first-quarter halfway nett connected Tuesday, ‌falling good beneath marketplace expectations arsenic the world's largest ​planemaker delivered less craft and was wounded by a weaker U.S. dollar.

Adjusted operating nett fell 52% to 300 cardinal euros ($351 million), ‌while gross declined ⁠7% to 12.65 cardinal euros successful the 3 months to March ⁠31.

Analysts had connected mean forecast adjusted operating nett of 348 cardinal euros connected gross ​of 12.39 ​billion euros, according ​to company-compiled statement data.

The ‌European planemaker is racing against clip to present the 870 craft it has targeted for 2026 aft reporting a 16% driblet year-on-year successful first-quarter pitchy deliveries.

The radical near ‌its full-year guidance unchanged, ​reaffirming a people accumulation ​rate of betwixt ​70 and 75 A320-family craft ‌per period by the extremity ​of 2027 - ​a extremity it trimmed successful February from an earlier ambition of hitting 75 ​per period ‌by the commencement of that year.

($1 = ​0.8542 euros)

(Reporting by Gianluca Lo Nostro; ​Editing by Matt Scuffham)