Airbus Posts Sharply Higher Core Profit, Ends 2-Year Dividend Gap
The world's largest jetmaker also ended a two-year dividend drought after swinging to a record net profit of 4.213 billion euros ($4.8 billion), boosted by the halting of production of its A380 superjumbo and a reversal of some COVID-19 charges.
Airbus predicts 720 jetliner deliveries in 2022 after revenues almost tripled last year as a partial recovery in air travel and higher defence and helicopter earnings led to a partial recovery in core profit. The world's largest jetmaker also ended a two-year dividend drought after swinging to a record net profit of 4.213 billion euros ($4.8 billion), boosted by the halting of production of its A380 superjumbo and a reversal of some COVID-19 charges.
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Airbus posts sharply higher core profit and restarts dividend https://t.co/w04ckt2nRo pic.twitter.com/FM1rYTNxTl
— Reuters (@Reuters) February 17, 2022
(The above story first appeared on LatestLY on Feb 17, 2022 12:41 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).
