Editorial & Advertiser disclosure

Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

Finance

Posted By Global Banking and Finance Review

Posted on January 21, 2025

Airbus ended 2024 in better shape than feared, CEO tells staff

PARIS (Reuters) - The CEO of Europe's Airbus has told staff that the group ended 2024 in better shape than it feared when issuing a profit warning last summer, while warning of a deteriorating international environment and newly increased business risks.

Referring to group-wide performance, Guillaume Faury said in a memo seen by Reuters : "From an operational point of view, we finished the year in a better state than we feared when we changed our guidance to the financial markets" in July.

An Airbus spokesperson said it never comments on internal correspondence.

(Reporting by Tim Hepher, Editing by Louise Heavens)

Recommended for you

  • Commission wants one set of rules across EU for innovative firms

  • UK's Reeves seeks to shield lenders in car loan mis-selling case

  • Israeli minister says he welcomes Trump's reversal of US sanctions on settlers