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Airbus misses profit estimates as deliveries slow amid engine crunch
Airbus kept its full-year guidance unchanged after delivering 114 aircraft in the quarter, as late Pratt & Whitney engines slowed handovers.
- Airbus reported a 52% decline in adjusted operating profit to €300 million, missing FactSet expectations, while total revenue fell 7% as the company delivered 114 commercial aircraft versus 136 last year.
- Engine shortages from supplier Pratt and Whitney forced Airbus to reiterate guidance for 870 commercial aircraft deliveries in 2026, below the roughly 880 analysts expected.
- Last week, Boeing reported a narrower-than-expected loss for the first quarter, showing improvements across its commercial aircraft unit as market sentiment toward Airbus has soured.
- CEO Guillaume Faury said the company continues ramping up production "while navigating the shortage of Pratt and Whitney engines," while monitoring potential impacts from Middle East conflicts.
- UBS analysts noted earlier this month that Airbus faces "limited impacts arising from the disruption around the Strait of Hormuz," believing sufficient replacement demand makes a shortfall unlikely despite elevated fuel prices.
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kreiszeitung.de
op-online.deEurope's flagship company reports a dramatic break in profits by more than half. The blame lies with US engine suppliers, 600 faulty aircraft hulls and a weak dollar. CEO Faury is still on record.
The European Airbus aircraft manufacturer reported a significant decrease in profit in the first quarter, based on the reduction in commercial aircraft deliveries and supply chain problems, reports CNBC.
The German-French aircraft manufacturer Airbus is reducing both earnings before taxes and sales in the first quarter. The Group is able to deliver significantly fewer aircraft than in the same period last year. A particular problem with the company's suppliers is responsible for this.
European aircraft manufacturer Airbus is struggling with significantly lower profits in the first quarter of this year. This is primarily because aircraft deliveries in that period fell to their lowest level since 2009.
A low delivery of commercial aircraft due to engine shortages resulted in a 26% decrease in Airbus' net profit in the first quarter of 2026. The aircraft manufacturer released its results on Tuesday, April 28.
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