Streetbeat News

EADSY

Airbus SE

http://www.airbus.com/

CEO

Guillaume Faury

Industry

Aircraft Manufacturing

Open

38.17

Mkt cap

121B

Volume

32K

High

38.19

P/E Ratio

33.80

52-wk high

46.78

Low

37.95

Div yield

0.02

52-wk low

34.10

United Airlines Holdings Inc (UAL) is reportedly finalizing negotiations to acquire approximately three dozen Airbus SE's (EADSY) A321neo jets from lessors, aiming to replace delayed Boeing Company (BA) 737 Max 10 orders. The delivery of these jets is expected between 2025 and 2027, a move driven by certification delays in Boeing's Max 10. United's CEO, Scott Kirby, stated that any agreements would depend on favorable economics and advised Boeing to concentrate on the Max 9 until the Max 10 receives federal certification. This strategic shift to Airbus could give the European manufacturer a competitive advantage over Boeing, especially as United was a significant initial customer for the Max 10.

Portfolio Pulse from Shivani Kumaresan

March 15, 2024 | 10:54 am

Boeing Co (NYSE:BA) faces controversy and safety concerns, leading to discussions on Reddit about whether to short sell or buy the stock. Users debate Boeing's prioritization of shareholder interests over passenger safety, its financial health, and its strategic importance in both commercial aviation and defense. Despite challenges, Boeing's unique market position and significance for national security suggest resilience and potential for long-term growth.

Portfolio Pulse from Surbhi Jain

March 14, 2024 | 1:23 pm

United Airlines Holdings Inc. (NASDAQ:UAL) is adjusting its pilot recruitment plans due to delays and challenges with Boeing Company's (NYSE:BA) Max 10 aircraft. United is delaying new pilot recruitment and halting training classes to navigate through Boeing's ongoing certification and manufacturing delays. The airline is also considering converting Max 10 orders to Max 8 or 9 variants and potentially acquiring Airbus SE (OTC:EADSY) A321neo aircraft in response to the setbacks.

Portfolio Pulse from Shivani Kumaresan

March 08, 2024 | 12:40 pm

Airbus SE (OTC:EADSY) announced it delivered 49 aircraft to 28 customers in February, with a total of 79 deliveries year-to-date. The company also unveiled its CityAirbus NextGen prototype, a full electric aircraft designed for urban air mobility, which is expected to make its maiden flight later this year. Airbus currently operates 13,724 aircraft globally, including 10,952 single-aisle planes. EADSY shares saw a 0.58% increase to $43.29.

Portfolio Pulse from Nabaparna Bhattacharya

March 07, 2024 | 6:20 pm

Airbus reported its performance for February, delivering a total of 49 aircraft. This brings its year-to-date deliveries to 79, including 2 A350s, 31 A320NEOs, and 34 A321NEOs. The company also booked 33 gross aircraft orders in January and February, with the net orders also standing at 33 for the same period.

Portfolio Pulse from Benzinga Newsdesk

March 07, 2024 | 4:48 pm

American Airlines Group (AAL) shares are trading lower today after the company announced orders for 260 new aircraft from The Boeing Company (BA), Airbus SE (EADSY), and Embraer S.A. (ERJ), including options for an additional 193 aircraft. The orders are part of American's investment to expand premium seats. The company also provided financial forecasts for 2024 through 2026, projecting increasing EBITDAR margins and free cash flow. American Airlines will host its 2024 Investor Day to outline its strategy for growth and value creation.

Portfolio Pulse from Lekha Gupta

March 04, 2024 | 5:35 pm

American Airlines has placed an additional order for Boeing's 737 MAX jets, reaffirming its confidence in the aircraft and Boeing's ability to deliver. This move signals a strong partnership between the two companies and a positive outlook on the future of air travel.

Portfolio Pulse from Benzinga Newsdesk

March 04, 2024 | 4:03 pm

AerCap's CEO stated in a conference call that due to the superiority of the Airbus A321 over Boeing's larger product, a significant majority of the market is expected to shift towards Airbus in the long term.

Portfolio Pulse from Benzinga Newsdesk

February 23, 2024 | 2:27 pm

TotalEnergies SE (NYSE:TTE) and Airbus (OTC:EADSY) have formed a strategic partnership to decarbonize aviation using sustainable aviation fuel (SAF), aiming to cut CO2 emissions by up to 90%. TotalEnergies will supply over half of Airbus's SAF needs in Europe and collaborate on developing 100% sustainable fuels. This move aligns with TotalEnergies' goal to produce 1.5 million tons of SAF annually by 2030 and Airbus's commitment to reducing aviation carbon emissions by 2030.

Portfolio Pulse from Lekha Gupta

February 21, 2024 | 3:32 pm

AerCap Holdings N.V. (AER) has signed lease agreements with Thai Airways for a total of 17 aircraft, including four Airbus A350-900, three Boeing 787-9, and ten Airbus A321NEO aircraft. The lease is part of Thai Airways' short-term fleet development strategy, with deliveries spanning from 2024 to 2026.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 9:40 am

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