Equities

Reuters exclusively reports Airbus delivered 800 jets in 2018; shares rise

Reuters exclusively reports Airbus delivered 800 jets in 2018; shares rise

Reuters exclusively reported that Airbus, the world’s second largest planemaker, overcame component delays in order to meet its goal of delivering 800 jets in 2018. The company was forced to issue a statement to the stock exchange confirming the Reuters report and Airbus shares rose as much as 6% on the news. Reuters also broke the news that Boeing would post orders higher than deliveries, with shares rising 3% on the news. Both types of data are closely watched by aerospace investors for clues to profits and industrial cycles.


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