Airbus reported first-quarter revenue and adjusted EBIT below analyst expectations due to weakness in its primary aircraft division. Despite the quarterly dip, the aerospace giant reaffirmed its full-year delivery and profit targets.
- Adjusted EBIT fell short of analyst expectations
- Revenue missed Q1 forecasts
- Core aircraft subsidiary experienced a steep earnings decline
- Full-year aircraft delivery targets remain unchanged
- Full-year earnings guidance reaffirmed by management
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