Airbus Shares Soar as It Cashes In on Growing Demand for Jets

Mony
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TOULOUSE, France—Shares in Airbus SE soared 11% after the European plane maker signaled it was starting to cash in on higher plane production and joined rival Boeing Co. in promising to build even more airliners.

The world’s two biggest plane makers have benefited from a surge in demand for commercial planes, with global economic growth lifting passenger numbers, filling aircraft, and driving airlines’ appetite for expansion.

That…

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