Streetbeat News

EADSY

Airbus SE

http://www.airbus.com/

CEO

Guillaume Faury

Industry

Aircraft Manufacturing

Open

36.41

Mkt cap

114B

Volume

6.7K

High

36.41

P/E Ratio

33.20

52-wk high

46.78

Low

36.11

Div yield

0.02

52-wk low

34.10

Embraer SA is exploring the possibility of entering the narrow-body aircraft market, potentially challenging the Boeing-Airbus duopoly. This comes as Boeing faces crises, including the 737 MAX issues. Embraer is considering partnerships for this venture, with potential collaborators in Saudi Arabia, Turkey, India, and South Korea. Despite no concrete plans yet, Embraer's move could disrupt the market, especially as Boeing struggles with financial and strategic challenges. Meanwhile, Airbus continues to advance its narrow-body aircraft development.

Portfolio Pulse from Shivani Kumaresan

May 01, 2024 | 4:21 pm

Embraer is reportedly exploring the development of a new jet aimed at competing in the narrow-body market, currently dominated by Boeing and Airbus. This strategic move could significantly impact the competitive landscape in the aviation industry.

Portfolio Pulse from Charles Gross

May 01, 2024 | 9:31 am

Airbus CEO expressed concerns about procuring important work packages from their main competitor, Boeing, amid ongoing talks with Spirit AeroSystems. The timeline for these discussions remains uncertain.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 5:01 pm

Airbus CEO announced that Research & Technology (R&T) is not yet ready to launch new plane programs, indicating any request for European support would come much later in the decade, if at all.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 4:58 pm

Airbus CEO has described the company's cooperation and partnership with Spirit AeroSystems as 'good if not very good' in managing complex and difficult situations, according to Reuters.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 4:55 pm

Airbus CEO has expressed interest in closely monitoring the situation with Spirit Aero, indicating potential concerns or opportunities for collaboration. Additionally, Airbus's CFO has mentioned the company is building up buffer inventory to mitigate risks associated with a stressed supply chain, as reported by Reuters.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 4:44 pm

Airbus announced its production ramp-up plans, targeting a monthly production rate of 14 A220 aircraft and 75 A320 aircraft by 2026, and maintaining a rate of 4 A330 aircraft in 2024. The company's 2024 guidance is based on the assumption of no further disruptions to the global economy, air traffic, supply chain, or its internal operations.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 3:51 pm

Airbus announced that its 2024 guidance remains unchanged, with gross commercial aircraft orders totaling 170 and an equal number of net orders due to no cancellations. The order backlog has reached 8,626 commercial aircraft as of the end of March 2024. Additionally, Airbus plans to increase the production rate of the A350 to 12 aircraft a month by 2028.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 3:49 pm

Airbus reported its Q1 earnings per share (EPS) at €0.76, with revenue reaching €12.83 billion, slightly below the estimated €12.87 billion.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 3:49 pm

China is reportedly in discussions to place a significant order with Airbus, potentially involving hundreds of jets, according to Reuters. This move could mark a major deal for Airbus in the competitive aviation market.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 12:52 pm

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