Airbus Raises 2029 Profit Target, Announces €5 Billion Share Buyback

European aerospace leader Airbus has revised its 2029 profitability target upward and launched a €5 billion share buyback program. The company aims to enhance shareholder value and support its long-term growth strategy through these measures. With the new target, Airbus plans to increase its operating profit margin above previous forecasts. The company stated that growth in commercial aircraft deliveries and cost efficiency measures will contribute to this improvement. Additionally, orders in the defense and space segment are expected to support profitability. The €5 billion share buyback program reflects confidence in the company's strong cash flow and balance sheet. Under this program, shares will be repurchased from the market and canceled. Such buybacks typically create value for existing shareholders by increasing earnings per share. Airbus's move is seen as a significant step in the post-pandemic recovery of the aviation sector. The company continues to ramp up production capacity, driven by rising travel demand and strong orders for narrow-body aircraft. Analysts predict these strategic decisions will strengthen Airbus's market position. This is not investment advice.