Editing Airbus SE (section)

=== Financial Risks <ref name=":1">https://www.airbus.com/sites/g/files/jlcbta136/files/2023-05/Airbus_SE_2022_Annual_Report.pdf</ref> ===

* Market disruptions and economic downturns can quickly develop due to various factors such as credit crises, recessions, high commodity prices, energy shortage, currency exchange rates, geopolitical events, and pandemics like COVID-19.
* The company's global presence, including operations in Europe, the US, and Asia, makes it susceptible to weak market and economic conditions in these regions.
* Economic changes can impact customer demand for the company's products and services, particularly in the commercial aircraft industry, which is cyclical and influenced by GDP growth and passenger demand for air travel.
* Weak economic conditions can lead to financial distress for airlines and customers, order cancellations, reductions in defence and space spending, and increased sales financing requests, affecting the company's results.
* The company faces foreign currency exposure, mainly with revenues in US dollars and costs in euros, and exchange rate fluctuations can impact profitability.
* Credit risk is present in sales financing activities, and defaults or decreases in the value of financed aircraft can adversely affect the company's business and financial condition.
* The company manages liquidity risk by maintaining cash reserves, committed credit facilities, and diversified funding programs, while adopting a prudent approach to managing liquidity.
* Any termination or reduction of future funding or cancellations or delays impacting existing contracts may have a negative effect on the Company’s financial condition and results of operations.
* In instances where several countries undertake to enter together into defence or other procurement contracts, economic, political or budgetary constraints in any one of these countries may have a negative effect on the ability of the Company to enter into or perform such contracts.