Airbus reports strong results but faces engine supply problems and political pressure

Airbus, the European aircraft manufacturer, reported annual results that exceeded expectations and expects a record number of deliveries this year. The company also opened a new assembly line in India.

At the same time, Airbus is dealing with engine shortages from its supplier Pratt & Whitney, which has forced the company to slightly lower its production target. Airbus has publicly criticized Pratt & Whitney over the issue. In a separate development, a headline suggests that President Donald Trump favors Boeing, Airbus's American rival, in trade matters.