CNBC4/28/2026Business
Airbus Q1 profit halves as deliveries slow, maintains 2026 aircraft delivery guidance
Adjusted operating profit fell 52% to 300M euros amid Pratt & Whitney engine shortages; company monitoring Middle East conflict impact
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- Airbus reported first-quarter adjusted operating profit halved to 300 million euros, down 52% year-over-year, as deliveries fell to 114 aircraft from 136 last year due to Pratt & Whitney engine shortages.
- Sales rose to 12.65 billion euros, beating analyst expectations, while the company maintained its 2026 guidance of 870 commercial aircraft deliveries.
- CEO Guillaume Faury said Airbus is monitoring Middle East conflict impacts while ramping up production.
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Airbus reported first-quarter adjusted operating profit halved to 300 million euros, down 52% year-over-year, as deliveries fell to 114 aircraft from 136 last year due to Pratt & Whitney engine shortages. Sales rose to 12.65 billion euros, beating analyst expectations, while the company maintained its 2026 guidance of 870 commercial aircraft deliveries. CEO Guillaume Faury said Airbus is monitoring Middle East conflict impacts while ramping up production. Boeing's recovery poses increased competition.
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This article was originally published by CNBC.
