Airbus sets out mid-term ambition to double commercial aircraft earnings

Airbus has announced a significant mid-term ambition, targeting €10 billion in adjusted earnings for its commercial aircraft division by 2029. This represents nearly doubling the company’s previous performance, which stood at approximately €5.5 billion last year. Airbus intends to achieve this growth through ramping up existing programmes and increasing production rates. Commercial aircraft are expected to be the primary contributor to this substantial increase in profitability. The airframer's strategic goal is to significantly expand its market presence within the aviation industry over the coming years.