Airbus Delivers First C295 Aircraft To India On Schedule
Portfolio Pulse from Nabaparna Bhattacharya
Airbus SE has delivered the first C295 aircraft to the Indian Air Force, marking the start of a long-term journey with the Indian military. The company will deliver a total of 56 aircraft, with the first 16 being assembled in Spain and delivered by August 2025. The remaining 40 will be manufactured and assembled in India in partnership with Tata Advanced Systems Limited, with the final aircraft to be delivered by August 2031. Airbus' shares traded lower by 0.20% to $34.95 on the last check Wednesday.
September 13, 2023 | 3:48 pm
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NEUTRAL IMPACT
Airbus SE's long-term partnership with the Indian Air Force could potentially boost its revenues and market presence in India. However, the company's shares traded lower by 0.20% to $34.95.
The delivery of the first C295 aircraft to the Indian Air Force marks the beginning of a long-term partnership between Airbus and the Indian military. This could potentially boost Airbus' revenues and market presence in India. However, the impact on the company's stock price is uncertain, as the shares traded lower by 0.20% to $34.95 on the last check Wednesday.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
NEUTRAL IMPACT
Airbus SE has begun a long-term partnership with the Indian Air Force, which could potentially boost its revenues and market presence in India. However, the company's shares traded lower by 0.20% to $34.95.
The delivery of the first C295 aircraft to the Indian Air Force marks the beginning of a long-term partnership between Airbus and the Indian military. This could potentially boost Airbus' revenues and market presence in India. However, the impact on the company's stock price is uncertain, as the shares traded lower by 0.20% to $34.95 on the last check Wednesday.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100