Airbus (AIR) Q1 Profit Falls 52% as Deliveries Decline

AI Summary

Airbus (AIR) reported a 52% drop in adjusted operating profit to 300 million euros ($351 million) for Q1 2026, below analyst expectations of 348 million euros. Revenue also decreased by 7%, totaling 12.65 billion euros. The company experienced a 16% decrease in jet deliveries year-on-year and is aiming to deliver 870 aircraft in 2026. Airbus maintained its full-year production guidance of 70-75 A320-family aircraft per month, a goal revised down from earlier targets.