Airbus shares fell 9% after the company cut its 2024 guidance on targets, deliveries

A Lufthansa Airbus A340-313 aircraft taxis at Los Angeles International Airport prior to departure to Frankfurt on May 5, 2024 in Los Angeles, California.

Kevin Carter | Getty Images News | Good pictures

Airbus shares fell 9% on Tuesday intersects its targets Including aircraft distribution and revenue for 2024.

Airbus on Monday said It expects its adjusted earnings before interest and taxes to come in at around 5.5 billion euros ($5.9 billion). Previous assessment 6.5 to 7 billion euros was confirmed on April 25.

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