Airbus SE (EADSY) Discusses Business Updates and Outlook Across Key Segments Transcript

Good afternoon, ladies and gentlemen. Very warm welcome to the 2026 Airbus Business Update. It's fantastic to see so many familiar faces in the room. On behalf of Airbus top management, we are delighted to host you today in London. This event is also broadcasted live. So good morning to the participants connected from the U.S. Good afternoon or good evening to all of us from around the world. Before we start, let me go through a few practicalities and starting with safety first. We've talked to the hotel management earlier today, and there is no fire alarm test scheduled. So if you hear the fire alarm, please follow the staff towards the nearest exit and let's assemble outside of the hotel in front of the main entrance. I also kindly ask you to pay attention to the camera in case you walk around during the session because the event again is broadcasted. During the presentation, but also during the