Airbus Deliveries Suggest Weak First Quarter -- Market Talk
Dow Jones
Mar 07, 2025
0910 GMT - Airbus's deliveries for the month of February suggests a weak first quarter for the European plane maker, Jefferies analyst Chloe Lemarie says in a research note. At 40 planes delivered last month. The total is one aircraft higher than Jefferies had expected, but is 14 planes down from a year ago, the analyst says. The drop in the deliveries compared with last year is comprised of planes which are high EBIT drivers, notably the A320 and A330 families of aircraft, the analyst says. The company now needs to deliver 10% growth in deliveries to reach its 2025 guidance of 820 planes. Shares trade at 0.52% down to 172.28 euros.(pierre.bertrand@wsj.com)
(END) Dow Jones Newswires
March 07, 2025 04:11 ET (09:11 GMT)
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