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Airbus posts 11 percent drop in net profit for 2023


By AFP
Published : 15 Feb 2024 10:24 PM | Updated : 15 Feb 2024 10:24 PM

European aircraft manufacturer Airbus on Thursday posted an 11 percent drop in net profit to 3.8 billion euros ($4.1 billion) in 2023, with past charges related to its space business cutting into earnings.

The group, which delivered 735 aircraft last year despite problems in its supply chain, said it plans to deliver "around 800" in 2024.