UPDATE 2-Airbus misses profit estimates as deliveries slow amid engine crunch
Published on: April 28, 2026, 11:47 p.m. | Source: Devdiscourse
Europe's Airbus posted a first-quarter core profit that more than halved on Tuesday, well below market expectations, as the world's largest planemaker delivered fewer aircraft amid an engine supply crunch that is handing rival Boeing a chance to claw back ground. Adjusted operating profit fell 52% year-on-year to 300 million euros ($351 million), while revenue declined 7% to 12.65 billion euros in the three months to March 31.
