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Airbus announces special dividend, extending lead over Boeing
BoeingBoeing(US:BA) Fox Business·2024-02-16 00:35

Airbus has unveiled a special dividend following higher 2023 results, driven by increased demand for jetliners despite a $215 million charge at its Space business.The commercial planemaker is benefitting from a surge in orders, accumulating cash reserves compared to rival Boeing facing debt issues.Shares were slightly lower due to cautious financial forecasts for 2024 and a lack of updates on a broader share buyback. Europe's Airbus unveiled a special dividend on Thursday after posting higher 2023 results, ...