Story perspectives
Airbus Faces €1.3 Billion Charge Amid Space Sector Losses
2/21/2025
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Story summary
- Airbus anticipates a €1.3 billion charge in 2024 for its Defence and Space segment, with €300 million in Q4.
- The segment reported a €566 million loss, contrasting with a €229 million profit in 2023.
- CEO Guillaume Faury highlighted the necessity for consolidation in Europe’s space sector to enhance competitiveness against U.S. firms.
- Airbus targets 820 aircraft deliveries in 2025 and aims for an EBIT of €7 billion.
