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

European stocks saw marginal gains on Labor Day, with the German DAX index setting a record close. Sanofi, Orange, and Telefonica led gains among large-cap stocks, while Airbus, Adidas, Kering, and BMW lagged. U.S. natural gas futures rose due to high demand, and Blackstone announced a major acquisition.

Portfolio Pulse from Piero Cingari

September 02, 2024 | 7:15 pm

A survey by Quantum Metric reveals that travelers are increasingly checking aircraft details before booking flights due to safety concerns, despite a study showing improved aviation safety. Boeing, United Airlines, and Airbus are indirectly affected by these concerns.

Portfolio Pulse from Benzinga Neuro

September 02, 2024 | 11:20 am

Saudi Arabia's Sovereign Wealth Fund is in exploratory talks with Boeing and Airbus to acquire freighters for a new cargo airline. This development could impact Boeing and Airbus as potential suppliers.

Portfolio Pulse from Benzinga Newsdesk

August 20, 2024 | 10:40 am

Airbus delivered 77 aircraft in July, with 59 gross orders. From January to July, Airbus delivered 400 aircraft, booked 386 gross orders, and 367 net orders. Key deliveries included 28 A350s, 138 A320Neos, and 179 A321Neos.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 3:46 pm

Airbus is under investigation by UK authorities for potential export control violations involving several of its entities in the UK.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 7:28 pm

Airbus CEO announced that the latest space charges include a provision based on a top-down analysis of risk for the one remaining incomplete contract audit.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 4:54 pm

Airbus CEO stated that more analysis and work are required in the review of space systems contracts. The latest space charges reflect a bottom-up analysis of risks for all except one major space systems contract.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 4:51 pm

Airbus CEO announced that the company is exploring various options in the space sector, including potential mergers and acquisitions (M&A). Additionally, Airbus confirmed a new cost reduction program in its commercial division.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 4:38 pm

Leonardo's CEO announced plans to return to 'Rate 10' for Boeing fuselages by 2025 and is in talks with Airbus to expand collaboration on the A220's rear fuselage. The company is also negotiating with Boeing over the slowdown in 787 production but sees positive long-term prospects for the B787.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 4:23 pm

Airbus announced plans to ramp up production of its A220 aircraft to 14 units per month by 2026. The company reported a Q2 net income of €230 million, significantly below the estimated €566 million, and an adjusted EPS of €0.29.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 3:51 pm

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