Global Market: Airbus shares surge over 5% after €5 billion buyback, ambitious 2029 profit targets

Airbus shares rose significantly after announcing a €5 billion share buyback program. The company outlined ambitious financial targets for the next five years. Airbus aims for core operating profit between €12 billion and €13 billion by 2029. Deliveries are increasing as supply chain issues gradually ease. Analysts reacted positively to the company's improved earnings trajectory and outlook.

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