Airbus Suffers Earnings Drop in First Quarter

Airbus SE’s adjusted earnings before interest and tax and revenue both fell short of analyst estimates in the first quarter, dragged down by a steep earnings drop at the main...

By Bloomberg Markets · Bloomberg Markets

Airbus SE’s adjusted earnings before interest and tax and revenue both fell short of analyst estimates in the first quarter, dragged down by a steep earnings drop at the main aircraft making subsidiary. The company said it’s confident it can achieve its full-year aircraft delivery and earnings targets. Bloomberg’s Benedikt Kammel reports.