Airbus is facing significant financial challenges in its space business, announcing a charge of nearly one billion dollars due to poor cost and schedule performance on satellite programs. The company will be reevaluating strategic options for its space unit after identifying commercial and technical difficulties in satellite programs, particularly in the telecoms and navigation sectors. The 900-million-euro charge reflects the impacts of cost overruns and technology risks on these programs, with cash flow being affected by about 300 million euros this year. Airbus executives highlighted issues with suppliers and the company's bid/no-bid strategy for future programs, emphasizing the importance of technology maturation. The company is also considering restructuring the space unit, including merger and acquisition possibilities. While facing these challenges, Airbus remains committed to addressing the issues and ensuring the success of its space programs.