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 has stated that trade tariffs are increasing complexity and costs for its supply chain and its customers. The rising trade tensions globally are testing the resilience of companies like Airbus.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2024 | 3:56 pm

Boeing is close to securing a major order from El Al Israel Airlines for 30 737 Max jets, worth between $2 billion and $2.5 billion. This deal follows a turbulent start to the year for Boeing due to a significant mishap involving the 737 Max. The agreement marks a significant rebound for Boeing, which has faced scrutiny and criticism. Boeing's stock has lost more than 14% in the last 12 months.

Portfolio Pulse from Shivani Kumaresan

June 11, 2024 | 10:26 am

Airbus SE is constructing a new assembly line for its A320neo-family aircraft in Toulouse to replace an older one, aiming to modernize and expedite production starting next year. This move is part of Airbus' strategy to tackle supply chain issues and boost production of its best-selling A320neo model.

Portfolio Pulse from Shivani Kumaresan

June 07, 2024 | 1:44 pm

Airbus reported 24,032 gross aircraft orders from January to May and delivered 256 aircraft to 58 customers year-to-date.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 3:49 pm

Saudia Group is considering purchasing wide-body jets, specifically the Boeing 787 and Airbus A330, to meet demand due to a shortage of production slots for narrow-body jets. The order is expected to be placed this year.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 2:40 pm

Airbus (OTC:EADSY) has unveiled a new drone concept called Wingman at the ILA Berlin Air Show. The drone is designed to support manned fighter jets in high-risk missions and can perform tasks such as reconnaissance, jamming, and engaging targets. Airbus is partnering with AI defense company Helsing to develop AI technologies for the Wingman. This move comes as Airbus faces supply chain challenges and aims to diversify its portfolio.

Portfolio Pulse from Benzinga Neuro

June 06, 2024 | 1:51 pm

Two new whistleblowers have come forward with safety concerns at Boeing, following the deaths of two other whistleblowers. The whistleblowers highlighted ongoing safety issues and pressure to remain silent. This news comes amid Boeing's efforts to recover from past operational failures, including the grounding of the 737 Max.

Portfolio Pulse from Hayden Buckfire

June 05, 2024 | 4:48 pm

Airbus SE is in talks to sell over 100 A330Neo jets to China, highlighting a growing contrast with Boeing Co. in the Chinese aviation market amid geopolitical tensions. This potential sale could significantly impact the competitive landscape, especially as Boeing faces delivery delays.

Portfolio Pulse from Benzinga Neuro

June 04, 2024 | 8:28 am

Boeing Co. (NYSE:BA) is facing ongoing safety issues, including a recent midair panel blowout on a 737 MAX plane. IATA's head, Willie Walsh, urges Boeing to learn from past mistakes. CEO Dave Calhoun will leave by the end of the year. Boeing's market position is impacted by legal actions, production declines, and competition from Airbus SE (OTC:EADSY). Supply chain disruptions are expected to persist until 2025 or 2026. Boeing's stock has dropped 32% this year, and investors can gain exposure through IShares U.S. Aerospace & Defense ETF (BATS:ITA) and Invesco Aerospace & Defense ETF (NYSE:PPA).

Portfolio Pulse from Shivani Kumaresan

June 03, 2024 | 1:50 pm

Airbus SE is facing supply chain challenges that could delay jet deliveries, potentially impacting its 2024 delivery targets. Boeing Co is also experiencing similar issues. Airbus shares are down 1.24%, while Boeing shares are up 0.63%.

Portfolio Pulse from Akanksha Bakshi

May 31, 2024 | 2:31 pm

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