Airbus Shares Gain as Investors Take Solace in Delivery Target

Airbus SE said it’s confident it can achieve its full-year aircraft delivery and earnings targets, even after suffering a steep earnings drop in the first quarter amid a persistent engine shortage holding back jet handovers.

Investors looked past the muted performance in the first three months of the year, sending the stock up as much as 3.5% in early Paris trading on Wednesday.