{"id":446088,"date":"2021-10-29T10:12:03","date_gmt":"2021-10-29T04:42:03","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=446088"},"modified":"2021-10-29T11:12:45","modified_gmt":"2021-10-29T05:42:45","slug":"airbus-raises-targets-rejigs-near-term-production-goals","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/airbus-raises-targets-rejigs-near-term-production-goals\/","title":{"rendered":"Airbus raises targets, rejigs near-term production goals"},"content":{"rendered":"<p>Europe&#8217;s Airbus raised full-year financial targets after a narrower-than-expected dip in third-quarter profits, and stuck to a goal of delivering 600 jetliners this year after driving down costs during the pandemic. <\/p>\n<p>The world&#8217;s largest commercial planemaker posted a 19 per cent drop in third-quarter operating profit to 666 million euros ($772.7 million) as revenues slipped 6 per cent to 10.518 billion. <\/p>\n<p>It said it was looking for full-year operating profit of 4.5 billion euros and free cashflow of 2.5 billion, up from previous targets of 4 billion and 2 billion respectively. <\/p>\n<p>Analysts were on average expecting quarterly operating profit of 623 million euros on revenues of 10.651 billion, according to a company-compiled consensus.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Europe&#8217;s Airbus raised full-year financial targets after a narrower-than-expected dip in third-quarter profits, and stuck to a goal of delivering 600 jetliners this year after driving down costs during the pandemic. The world&#8217;s largest commercial planemaker posted a 19 per cent drop in third-quarter operating profit to 666 million euros ($772.7 million) as revenues slipped 6 per cent to 10.518 billion. It said it was looking for full-year operating profit of 4.5 billion euros and free cashflow of 2.5 billion, up from previous targets of 4 billion and 2 billion respectively. Analysts were on average expecting quarterly operating profit of [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[176,146,130],"tags":[],"class_list":["post-446088","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-deccan-herald-newspapers","category-deccan-herald-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/446088","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=446088"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/446088\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=446088"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=446088"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=446088"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}