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

Airbus plans to control the costs of its loss-making A220 jet while supporting its supply chain, amid pricing pressure from suppliers. The company is trying to reduce production costs but faces higher raw materials and labor costs being passed on by suppliers.

Portfolio Pulse from Nabaparna Bhattacharya

June 22, 2023 | 12:31 pm

Avolon has signed a Memorandum of Understanding to order 20 Airbus A330neo aircraft, with deliveries scheduled between 2026 and 2028. Financial terms of the deal were not disclosed.

Portfolio Pulse from Benzinga Newsdesk

June 21, 2023 | 9:14 am

Air Lease Corporation (NYSE:AL) has announced long-term lease placements for two new Airbus A220-300 aircraft with Cyprus Airways. Both aircraft are set to be delivered this month from ALC's order book with Airbus.

Portfolio Pulse from Happy Mohamed

June 20, 2023 | 3:03 pm

Spotify plans to launch a more expensive subscription plan called 'Supremium' with high-fidelity audio. Grab Holdings plans to cut its workforce by 5%. Deutsche Bank applies for a digital asset custody license. Google is in talks with Indian suppliers to assemble Pixel smartphones. Chinese vendors bypass the US embargo to supply Nvidia AI chips. Alibaba names Eddie Wu as its new CEO. Hyundai unveils an $85B investment plan for EVs. Airbus confirms a 500 A320 aircraft order from IndiGo.

Portfolio Pulse from Vandana Singh

June 20, 2023 | 1:07 pm

Airbus and STMicroelectronics have signed an agreement to collaborate on power electronics R&D, aiming to develop more efficient and lighter power electronics for future hybrid-powered aircraft and full-electric urban air vehicles.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2023 | 11:37 am

Airbus confirms an order for 500 A320 Family aircraft from Indian airline IndiGo, marking the largest single purchase deal in commercial aviation history. Airbus also finalized orders with Air Mauritius, Saudi Arabia's flynas, Philippine Airlines, and Australia's Qantas Airways.

Portfolio Pulse from Akanksha Bakshi

June 20, 2023 | 10:50 am

Goodyear has been selected by Airbus to provide tires for its new A321XLR aircraft, which is set to enter service in 2024. The Goodyear Flight Radial Tire will offer weight-efficient and cost-effective performance.

Portfolio Pulse from Benzinga Newsdesk

June 15, 2023 | 9:25 pm

Safran SA is close to acquiring Raytheon Technologies Corp's flight control unit for approximately $1.8 billion. The deal will relieve Raytheon of a low-margin business and strengthen Safran's position in flight controls against competitors.

Portfolio Pulse from Akanksha Bakshi

June 14, 2023 | 4:08 pm

The Producer Price Index (PPI) slumped 0.3% MoM in May, reaching a 28-month low. Apple invests an additional $25M in VC for minority-owned businesses. Shell boosts dividend by 15% and discloses a $5B share buyback. Airbus raises forecast for new and old aircraft deliveries. Boeing records 43% growth in May deliveries. Google's dominance in ad tech is under scrutiny by the EU. Disney delays Avatar, Marvel, and Star Wars releases. Pfizer warns of potential pediatric antibiotic shortage.

Portfolio Pulse from Vandana Singh

June 14, 2023 | 1:47 pm

Boeing reported a 43% growth in May deliveries, delivering 50 planes compared to 35 in May 2022. The company received 69 orders in May, up from 23 in 2022. However, Boeing announced delays in 787 Dreamliner deliveries due to a new defect.

Portfolio Pulse from Akanksha Bakshi

June 14, 2023 | 1:37 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.