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Airbus Sets €12–13 Billion 2029 Profit Target and Approves €5 Billion Buyback

The company plans to convert faster deliveries plus easing engine constraints into higher profits using a three-year buyback.

Overview

  • Airbus, which announced the plan on Tuesday, set an adjusted operating profit target of €12–13 billion for 2029, roughly double its 2025 adjusted EBIT of €7.13 billion.
  • The board approved a €5 billion share buyback to be executed over three years, with implementation subject to ongoing shareholder approvals and board terms.
  • Airbus kept its 2026 guidance unchanged and expects its commercial aircraft division to provide about €10 billion of the 2029 operating profit total.
  • Management said the profit drive hinges on lifting aircraft deliveries while resolving supply‑chain and engine shortages, and Pratt & Whitney reported engine-related groundings are down about 40% from their peak.
  • Investors reacted positively with shares up roughly 3–5%, and Airbus said it is studying longer versions of the A220 and A350 while warning some smaller‑engine bottlenecks could persist into 2027–2028.