Airbus promises higher profit and new jet, shares jump

On July 22, 2026, Airbus announced plans to increase profits and develop a new jet, including a larger version of the A350 to re-enter the very large passenger aircraft market. The news drove Airbus shares higher as the company also set out financial targets and a share buyback program. Meanwhile, Dassault is in talks with France about a jet alternative after a previous Airbus project failed.