Airbus Stock Surges Despite Cut To Delivery Forecast

Boeing rival Airbus on Wednesday cut its delivery guidance for 2025 after the airplane manufacturer earlier this week discovered quality issues affecting dozens of its A320 aircraft. However, shares jumped as Airbus maintained its financial guidance. Airbus (EADSY) on Wednesday said that it now expects to delivery 790 commercial aircraft this year, cutting its forecast by 30 planes from its…