Airbus Sheds $12 Billion in Market Value After Slashing Guidance

Airbus shares in Paris closed 9.4% lower after the group lowered its commercial aircraft delivery goal and financial targets for the year due to supply-chain hurdles and an impairment related to its space activities.

Airbus shares in Paris closed 9.4% lower after the group lowered its commercial aircraft delivery goal and financial targets for the year due to supply-chain hurdles and an impairment related to its space activities.