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An Airbus' employee works on an aircraft part of the Airbus A350 at the Airbus Atlantic plant in Bouguenais, near Nantes, western France, on February 29, 2024. Airbus is ramping up production of its A350 aircraft because of consumer demand and not the ongoing crisis at U.S. rival Boeing, according to the French planemaker's chief financial officer. Toulouse-based Airbus on Thursday announced plans to increase its production rate for the long-range aircraft to 12 units per month in 2028. Airbus reported gross commercial aircraft orders of 170 in the quarter, almost half of which were variants of the A350. Airbus is ramping up production of its A350 aircraft because of consumer demand and not the ongoing crisis at U.S. rival Boeing, according to the French planemaker's chief financial officer.
Persons: Thomas Toepfer, CNBC's Charlotte Reed, Toepfer Organizations: Airbus, Boeing Locations: Bouguenais, Nantes, France, U.S, Toulouse
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAirbus reconfirms its 2024 guidance despite supply chain challengesAirbus CFO Thomas Toepfer says the supply chain "remains the bottleneck" for 2024, adding that it "has not gotten easier in the last two months."
Persons: Thomas Toepfer Organizations: Airbus
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAirbus CFO says first-quarter earnings ‘not particularly strong’ but reaffirms full-year guidanceThomas Toepfer, chief financial officer at Airbus, discusses the firm’s latest results and provides an update on the outlook for the rest of the year.
Persons: Thomas Toepfer Organizations: Airbus
An artificial heart by French manufacturer Carmat is seen during an interview with Reuters in Velizy, near Paris, January 11, 2021. Sources said Carmat, which had 24 million euros cash at mid-year, was looking to raise a total of around 100 million. Airbus said this week it had invested 50 million euros in Carmat but did not address whether it would spend more. It most recently invested 10 million euros in March 2022. Matra Defense paid a dividend of 207 million euros to Airbus in 2022, filings show.
Persons: Christian Hartmann, Jean, Luc Lagardere, Alain Carpentier, Carpentier, Stephane Piat, Emmanuel Macron, Thomas Toepfer, Piat, Samir Devani, Carmat, Tim Hepher, Michal Aleksandrowicz, Laura Lenkiewicz, Stephanie Hamel, Josephine Mason, Elaine Hardcastle Organizations: Reuters, REUTERS, Rights, Airbus, PARIS, Lagardere's Matra Defense, Carmat, Rx Securities, FDA, Zurich University, Matra Defense, Thomson Locations: Velizy, Paris, French, Carmat, United States, Lagardere, Taiwan
Unilever on Thursday said its expected net inflation from materials is €4.5 billion—equivalent to $4.5 billion—for 2022, up from €1.3 billion the previous year. Materials inflation generally ranged from €100 million to €300 million during the years before 2021, Mr. Pitkethly said. “Our forecasting accuracy has been a lot worse over the last year or so since this period of inflation hit,” he said. Graeme Pitkethly, chief financial officer at Unilever. Further hiking prices in the fourth quarter is a “distinct possibility,” Mr. Pitkethly said, adding he doesn’t expect the increases to deter consumer demand.
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