July 21, 2024

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Airbus shares fall 9% as the company lowers its 2024 guidance on targets and delivery

Airbus shares fall 9% as the company lowers its 2024 guidance on targets and delivery

A Lufthansa Airbus A340-313 taxis at Los Angeles International Airport before departure for Frankfurt on May 5, 2024 in Los Angeles, California.

Kevin Carter | Getty Images News | Getty Images

Airbus shares fell 9% on Tuesday after the company said that Cut off their goals For 2024, including aircraft deliveries and earnings.

Airbus on Monday He said It now expects its adjusted earnings before interest and taxes to be about 5.5 billion euros ($5.9 billion), down from previous expectations. Previous estimate From 6.5 to 7 billion euros was confirmed on April 25.