European aerospace company Airbus (EADSY) has missed its delivery target for the year, with a count of 760 aircraft to customers, in what was a slow year for the aircraft manufacturer, writes Siddharth Vikram Philip for Bloomberg. A December delivery spike of close to 120 deliveries “marks a turnaround” amid a year of supply chain slow downs, added the story. The aircraft maker will officially announce deliveries for 2024 on January 9, but “a stock-market regulation would have required Airbus to disclose publicly if it had fallen materially short of its 770-unit goal,” noted Bloomberg. Other publicly traded companies in the space include: Boeing (BA), Northrop Grumman (NOC) RTX (RTX) Rolls-Royce (RYCEY) and GE Aerospace (GE).
Maximize Your Portfolio with Data Driven Insights:
- Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
- Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio