Airbus axes dividend for second year, forecast disappoints after 2020 loss
European planemaker Airbus axed its dividend for a second year and forecast flat deliveries in 2021 as it braces for more coronavirus uncertainty in the wake of an annual loss.
The company’s decision to restore key business targets is the latest evidence of a tentative return towards normal after the pandemic, which has severely hurt air travel.
Rival Boeing has yet to set out detailed targets, having been mired in a separate crisis over the grounding of its 737 MAX, which helped Airbus to reclaim the title of largest global jetmaker.
