Streetbeat News

EADSY

Airbus SE

http://www.airbus.com/

CEO

Guillaume Faury

Industry

Aircraft Manufacturing

Open

45.44

Mkt cap

145B

Volume

55K

High

46.27

P/E Ratio

31.60

52-wk high

47.50

Low

45.38

Div yield

0.01

52-wk low

34.10

Spirit Airlines has reached an agreement with Airbus to defer the delivery of all ordered aircraft scheduled for Q2 2025 through the end of 2026 to 2030-2031, excluding direct-lease aircraft due in Q2 and Q3 2025. This deferral will improve Spirit's liquidity by approximately $340 million over the next two years, with no changes to deliveries scheduled for 2027-2029.

Portfolio Pulse from Benzinga Newsdesk

April 08, 2024 | 10:31 am

Boeing Co. (NYSE:BA) and Airbus SE (OTC:EADSY) are reportedly close to finalizing a deal to split the operations of Spirit AeroSystems Holdings Inc. (NYSE:SPR), a key supplier. This move could mark the end of Boeing's 20-year outsourcing strategy and involves dividing Spirit's assets crucial for their jet programs amid antitrust concerns. The deal, still under negotiation, could see Boeing and Airbus taking over essential plants, with Airbus potentially investing over $1 billion in A220 wing production optimization. The division is seen as a strategic pivot for Boeing to reinforce its manufacturing capabilities, especially after recent FAA scrutiny over quality control.

Portfolio Pulse from Benzinga Neuro

April 05, 2024 | 9:04 am

Boeing (BA) and Airbus (EADSY) are reportedly in discussions to create a framework agreement to divide the operations of Spirit Aerosystems (SPR), according to sources cited by Reuters. This potential deal could significantly impact the operations and strategic directions of the involved companies.

Portfolio Pulse from Charles Gross

April 04, 2024 | 4:01 pm

Airbus SE (OTC:EADSY) reported a 12% increase in aircraft deliveries during Q1, reaching 142 aircraft, aligning with Q1 2022 levels but falling short of its own expectations by about six planes. Despite challenges, including seat shortages for wide-body jets and delivery delays for the A321, Airbus aims for 800 deliveries in 2024. Boeing Co (NYSE:BA) faces production constraints due to regulatory issues. Airbus will update on its delivery performance on April 9.

Portfolio Pulse from Shivani Kumaresan

April 03, 2024 | 2:29 pm

Boeing Company (NYSE:BA) is reportedly seeking a new CEO from outside the company to lead through its current challenges, including the 737 MAX crisis. Dave Calhoun is set to resign by the end of 2024. The search for a successor is focused on candidates who can address safety improvements, quality concerns, and rebuild trust. Potential candidates include Larry Culp of General Electric Co (NYSE:GE) and Pat Shanahan of Spirit Aerosystems Holdings Inc (NYSE:SPR). Boeing's shares rose 0.56% in premarket trading.

Portfolio Pulse from Shivani Kumaresan

March 26, 2024 | 11:06 am

Jeffrey Sonnenfeld criticized Boeing CEO Dave Calhoun's handling of the company's crises, suggesting Calhoun should have no role in choosing his successor. Boeing faces scrutiny after safety failures, leading to Calhoun's resignation announcement. Airbus CEO expressed concerns over the negative impact of Boeing's issues on the aerospace industry.

Portfolio Pulse from Benzinga Neuro

March 26, 2024 | 8:43 am

Airbus SE has secured orders for 65 jets from two of Boeing Co's key Asian customers, Japan Airlines and Korean Air, marking a significant shift in the aviation market. This development highlights Airbus's growing influence in Asia and poses challenges for Boeing amidst its manufacturing crisis. The aviation community on Reddit has shown a keen interest in this shift, discussing the potential impacts on Boeing's market position and exploring investment opportunities in companies associated with Airbus, such as engine manufacturers Safran SA, Rolls-Royce Holdings PLC, General Electric Co, and RTX Corp.

Portfolio Pulse from Surbhi Jain

March 22, 2024 | 5:08 pm

Japan Airlines Co Ltd (OTC:JPNRF) announced plans to purchase 42 new aircraft from Boeing Company (NYSE:BA) and Airbus SE (OTC:EADSY) for fleet renewal, focusing on growth in North America, Asia, and India. The order includes 21 Airbus A350-900, 11 A321neo, and 10 Boeing 787-9 aircraft, with deliveries starting in fiscal 2027. This move aims to expand JAL's full-service and low-cost carriers by about 1.4 times by 2030.

Portfolio Pulse from Shivani Kumaresan

March 21, 2024 | 11:30 am

Boeing Co (NYSE:BA) is currently facing challenges, with discussions on Reddit highlighting its 'too big to fail' status and comparing its situation to historical examples like Citigroup Inc (NYSE:C) and General Motors Co (NYSE:GM). Despite its dominant position alongside Airbus SE (OTCPK: EADSF) (OTCPK: EADSY), Boeing's recovery is uncertain due to production issues and market dynamics.

Portfolio Pulse from Surbhi Jain

March 19, 2024 | 6:40 pm

Boeing Company (NYSE:BA) faces multiple crises, affecting the aerospace industry's reputation, as noted by Airbus SE's CEO, Guillaume Faury. Faury expressed concern at the 'Europe 2024' conference, highlighting Boeing's technical issues. Meanwhile, United Airlines Holdings, Inc. (NASDAQ:UAL) is reportedly close to a deal for 36 Airbus A321neo jets, indicating a shift from Boeing 737 Max 10 orders to Airbus, benefiting the latter. BA shares rose by 0.50%, while EADSY increased by 1.71%.

Portfolio Pulse from Akanksha Bakshi

March 19, 2024 | 3:10 pm

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