{"id":574338,"date":"2023-05-04T09:25:19","date_gmt":"2023-05-04T03:55:19","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=574338"},"modified":"2023-05-04T09:48:28","modified_gmt":"2023-05-04T04:18:28","slug":"airbus-reports-a-drop-in-first-quarter-profit-sales-on-slow-deliveries","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/airbus-reports-a-drop-in-first-quarter-profit-sales-on-slow-deliveries\/","title":{"rendered":"Airbus reports a drop in first-quarter profit, sales on slow deliveries"},"content":{"rendered":"<p>Airbus SE reported a drop in first-quarter profit as the European planemaker paid a price for stubborn gaps in its supply chain that have held back jet deliveries.<\/p>\n<p>Adjusted earnings before interest and taxes fell to \u20ac773 million ($854 million) from \u20ac1.26 billion in the first three months of 2022, Airbus said in a statement. Sales dipped to \u20ac11.8 billion from \u20ac12 billion. The manufacturer stood by its full-year targets for cash flow and aircraft deliveries, though the company pushed back the entry into service date of its A350 freighter version by a year to 2026.<\/p>\n<p>The world\u2019s largest planemaker has struggled to meet soaring demand for aircraft as travel rebounds from the Covid-19 pandemic.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Airbus SE reported a drop in first-quarter profit as the European planemaker paid a price for stubborn gaps in its supply chain that have held back jet deliveries. Adjusted earnings before interest and taxes fell to \u20ac773 million ($854 million) from \u20ac1.26 billion in the first three months of 2022, Airbus said in a statement. Sales dipped to \u20ac11.8 billion from \u20ac12 billion. The manufacturer stood by its full-year targets for cash flow and aircraft deliveries, though the company pushed back the entry into service date of its A350 freighter version by a year to 2026. The world\u2019s largest planemaker [&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":[135,167,130],"tags":[],"class_list":["post-574338","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-civil-aviation-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/574338","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=574338"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/574338\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=574338"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=574338"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=574338"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}