Airbus Raises Medium-Term Target: Adjusted EBIT to Grow to €12 to €13 Billion by 2029

Medium-Term Targets Significantly Raised

In addition to the higher profit target, the company also raised its planned deliveries. Around 870 commercial aircraft are to be handed over to customers in the current year, compared with 793 aircraft delivered in the previous year. The group is thereby responding to a persistently high order book and strong demand, particularly for narrowbody jets.

To increase corporate value, the board of directors also announced a new share buyback program. The program, with a volume of €5 billion, is to run over three years. Airbus said it intends to use the program to increase distributions to shareholders. Analysts view the move as a signal of continued strong cash generation.

€5 Billion Share Buyback

Investors were predominantly positively disposed toward the plans. JP Morgan Chase & Co. rated the Airbus share "Overweight" on July 16, 2026. The planned increase in adjusted EBIT to €12 to €13 billion by 2029 also supports this assessment. The high medium-term target is seen as evidence that management expects further margin growth in civil aviation and in the defense business.

The group most recently posted strong operating results. With its 2025 adjusted EBIT of €7.1 billion, Airbus had already reached the upper end of its previous guidance. Industry observers see this as the starting point for the next growth step. The measures – a higher EBIT target, rising deliveries and a multi-billion-euro buyback – are intended to further strengthen capital market confidence.

Outlook and Next Steps

The announced targets are subject to further market developments. Airbus pointed to risks such as potential supply bottlenecks, rising production costs and geopolitical tensions that could affect air traffic and export conditions. Nevertheless, management expressed confidence that it can continue on its chosen growth course.

Airbus intends to publish its first-half results next week. Investors are expecting further details on business performance, the order book and the implementation of the new buyback program. Observers expect the results to provide indications as to whether the group is actually on track toward €7.5 billion in EBIT this year.