Airbus Targets €13 Billion Profit Milestone by 2029

The aerospace giant reported a 15% increase in first-half deliveries this year, signaling that production bottlenecks are finally easing. CEO Guillaume Faury noted that improved visibility across the supply chain, combined with robust appetite for wide-body jets, provides the firm footing necessary to nearly double last year’s €7.13 billion profit result. While analysts at J.P. Morgan suggest the commercial division could hit these ambitious targets even sooner, the company remains focused on stabilizing output to meet its long-term financial commitments.