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

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)