Airbus stock slides after slashing 2024 guidance, deliveries

Tue, Jun 25, 2024, 8:00 AM

Shares of Airbus (AIR.PA) are sliding Tuesday morning after the commercial aircraft manufacturer slashed its 2024 guidance for earnings and deliveries, expecting only to deliver 770 aircraft, versus the previously expected 800. Ongoing supply chain issues were a huge factor in this decision, according to the company.

Morning Brief Anchors Brad Smith and Seana Smith break down the latest developments for Airbus and what it could mean for the aerospace company moving forward.

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This post was written by Nicholas Jacobino