Airbus Helicopters Gets Chinese Authorization For H175 Deliveries
Portfolio Pulse from Nabaparna Bhattacharya
Airbus Helicopters, a unit of Airbus SE (OTC:EADSY), has received certification from the Civil Aviation Administration of China (CAAC) for the H175 helicopter, allowing it to begin deliveries in China. Four H175 helicopters will be delivered to Chinese customers in 2023. Airbus Helicopters is committed to working with the Chinese industry to develop the civil market. The company's shares were down by 0.03% to $37.63 on Wednesday.
July 20, 2023 | 12:20 pm
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Airbus SE's unit, Airbus Helicopters, has received certification for the H175 helicopter from the Civil Aviation Administration of China, allowing it to begin deliveries in China. This could potentially boost the company's revenues in the future.
The certification from the Civil Aviation Administration of China allows Airbus Helicopters to begin deliveries in China, one of the most demanding markets worldwide for civil helicopters. This could potentially increase Airbus SE's revenues and positively impact its stock price in the future.
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