Airbus ended 2024 in better shape than feared, CEO tells staff

PARIS (Reuters) – The CEO of Europe’s Airbus has told staff that the group ended 2024 in better shape than it feared when issuing a profit warning last summer, while warning of a deteriorating international environment and newly increased business risks.

Referring to group-wide performance, Guillaume Faury said in a memo seen by Reuters : “From an operational point of view, we finished the year in a better state than we feared when we changed our guidance to the financial markets” in July.

An Airbus spokesperson said it never comments on internal correspondence.