Previous close | 125.92 |
Open | 127.40 |
Bid | 128.06 x 21500 |
Ask | 128.10 x 52700 |
Day's range | 125.84 - 128.40 |
52-week range | 86.53 - 131.24 |
Volume | |
Avg. volume | 303,230 |
Market cap | 101.316B |
Beta (5Y monthly) | 1.66 |
PE ratio (TTM) | 29.79 |
EPS (TTM) | 4.31 |
Earnings date | N/A |
Forward dividend & yield | 1.80 (1.47%) |
Ex-dividend date | 25 Apr 2023 |
1y target est | 137.67 |
Boeing Co CEO Dave Calhoun downplayed speculation that China's maiden commercial flight of its domestically produced C919 narrowbody jet could foreshadow the end of the duopoly currently held by the U.S. planemaker and its European rival Airbus SE. On Sunday, China Eastern Airlines flew a C919 filled with passengers from Shanghai to Beijing - a milestone for manufacturer Commercial Aviation Corp of China (COMAC). Calhoun said the C919 is a "good airplane," but it will take a "long while" for COMAC to build the production capacity needed to meet Chinese airlines' demand.
Airbus deliveries for May appear on course to reach at least 60 aircraft, subject to the final tally of a busy close to the month and a routine audit, industry sources said. That represents an increase of some 30% from the same month last year and would bring deliveries so far this year to more than 220 aircraft. Airbus, which is targeting 720 deliveries for the full year, implying a sharp acceleration in deliveries after the summer, declined comment ahead of a monthly data release on June 7.
Embraer (ERJ) signs a $635 million deal with Malaysia's SKS Airways for supplying 10 E195-E2 Jets.
(Bloomberg) -- Boeing Co. is working to land its second major deal in Saudi Arabia this year, with the US planemaker in talks to sell at least 150 of its 737 Max jetliners to startup Riyadh Air, according to people familiar with the matter.Most Read from BloombergWorld’s Most Valuable Chipmaker Nvidia Unveils More AI Products After $184 Billion RallyManchin Gets Mountain Valley Pipeline Deal Into Debt BillDebt-Limit Deal Brings Relief Tinged by Caution: Markets WrapTraders Ready to Embrace Riski
Airbus Helicopters said on Thursday it had won a firm order for 43 aircraft from business aviation operator Air Corporate, marking its largest ever deal in Italy. The world's largest commercial helicopter maker said the order from Verona-based Air Corporate at the EBACE show in Geneva included 40 light single-engine H125/130 and three ACH160, a corporate version of its latest H160 medium model. Airbus Helicopters said in a statement the helicopters would be delivered over coming years for various private and business passenger services as well as utility operations.
PARIS (Reuters) -Airbus is not looking to launch a stretched version of its A220 jetliner in the current environment, the planemaker said on Wednesday, effectively knocking down speculation of a launch at the upcoming Paris Airshow. A larger version of the 110-130-seat small passenger plane has been on the horizon for some time and an Airbus spokesperson reiterated that it was a matter of "when not if". Airbus Chief Executive Guillaume Faury has indicated that resolving recent industrial delays is the planemaker's top priority amid continued pressure on the supply chain.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Textron's (TXT) arm, Textron Aviation, unveils the newest addition to its business jet portfolio, Cessna Citation Ascend.
Embraer (ERJ) signs a $635 million deal with Royal Jordanian Airlines for supplying eight E2 Jets.
Lockheed (LMT) is set to provide program management, software engineering, software engineering transformation and cyber support to develop the Beyond Line-of-Sight F-35 Capability.
None of the Airbus A320neo planes in the Singapore Airlines group with Pratt & Whitney engines are currently grounded over a lack of spares, Leslie Thng, CEO of Scoot, the airline's low-cost subsidiary, said on Wednesday. The engines have been under scrutiny since Go Airlines (India) Ltd filed for bankruptcy protection this month, blaming "faulty" Pratt engines for the grounding of about half its 54 Airbus A320neos. Pratt, part of Raytheon Technologies says the claims are without evidence and divert attention from the airline's financial woes.
Embraer (ERJ) signs a $5 billion deal with NetJets involving 250 Praetor 500 jets.
The CEO of Canadian aerospace supplier Abipa International would not negotiate further when a potential customer recently pressed for additional price cuts on components used in areas like engines and landing gear. That stance by CEO Jean Blondin is one that more and more of his peers in different countries are taking these days. Drawing hard lines can be tough, however, when planemakers offer high order volumes.
"If I'm back here, and you're back here, then who's flying the plane?" Airbus is seeking to patent tech that uses AI to...
Turkish Airlines (THY) will order a total of 600 new aircraft in June and they will be delivered within ten years, company chairman Ahmet Bolat said on Thursday. Such an order, if confirmed, would be the largest in the industry's history by a single airline, eclipsing a record order by Air India for 470 Airbus and Boeing planes in December, but his comments took some industry sources and analysts by surprise. Speaking weeks before Turkey is due to host airline leaders from the International Air Transport Association, Bolat said the order would consist of 400 narrow-body aircraft and 200 wide-bodies, adding the fleet would increase to 810 aircraft by 2033.
EADSY and RGA made it to the Zacks Rank #1 (Strong Buy) income stocks list on May 10, 2023.
MANILA (Reuters) -Philippine Airlines will order nine Airbus A350-1000 wide-body aircraft to expand its fleet and route network as air travel recovers from the pandemic, the flag carrier said on Wednesday. The new aircraft will be operated on non-stop services from Manila to North America, its biggest international market, including the east coast of the United States and Canada, the company said. Reuters on Tuesday reported that Philippine Airlines was close to a deal to acquire 10 Airbus planes, in the latest sign of a recovery in the market for wide-body jets, citing sources.
Airbus delivered 54 airplanes in April, bringing its total for the year to 181, down 5% from the same period a year ago but enough to re-establish an industrial lead over U.S. rival Boeing, company data showed on Tuesday. Boeing, which had pulled ahead of Airbus on deliveries amid supply snags in the first quarter, said earlier it had delivered 156 planes and won 154 gross orders in the first four months. Boeing's net orders after cancellations and conversions, which are comparable to Airbus net orders, stood at 69 aircraft so far this year.
The head of planemaker Airbus said on Wednesday U.S. engine maker Pratt & Whitney has been struggling to support its fleet of passenger jets with enough spare parts and engines. CEO Guillaume Faury declined comment on a decision by India's third-largest airline, Go First, to file for bankruptcy, which it blamed on problems with the durability of Pratt & Whitney's GTF engines on its Airbus 320neo jets. Raytheon Technologies unit Pratt & Whitney did not immediately respond to a request for comment.
Airbus posted a smaller than expected fall in first quarter core earnings as a strong performance at its helicopters segment helped offset the hit from fewer airplane deliveries and negative currency effects. The world's largest planemaker reaffirmed production and financial targets, but said the introduction of a freighter version of its A350 jetliner would slip by a few months to early 2026 and warned of supply chain disruption throughout the year. "The production ramp-up is difficult for everyone," Chief Executive Guillaume Faury said.
Airbus SE / Key word(s): Quarter ResultsAirbus reports First Quarter (Q1) 2023 results03-May-2023 / 17:45 CET/CESTDisclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.The issuer is solely responsible for the content of this announcement.Ad-hoc release, 03 May 2023 Airbus reports First Quarter (Q1) 2023 results 127 commercial aircraft delivered in Q1 2023 Revenues € 11.8 billion; EBIT Adjusted € 0.8 bill
"In recent weeks, we have received additional notices of delay from both Airbus and Boeing for 2023 and 2024 deliveries," Air Lease Chief Executive John Plueger said on an investor call. "One OEM (original equipment manufacturer) has advised us to expect delays compared to originally contracted delivery dates through 2028," Plueger added. Boeing and Airbus did not immediately respond to requests for comment.
PARIS (Reuters) -A French public prosecutor is appealing a court decision which cleared European planemaker Airbus and Air France of "involuntary manslaughter" over a 2009 plane crash. A French court had earlier this month cleared the two companies of the charge relating to the crash, when a plane from Rio de Janeiro to Paris vanished during an Atlantic storm. Families of those who died had sought to establish criminal liability for France's worst air disaster and the trial focused on whether Airbus had reacted too slowly and whether Air France had done enough to ensure its pilots were sufficiently trained.
Nestle is piloting using Airbus satellites to monitor reforestation, amid global concerns about whether consumer goods companies are doing enough to reduce their carbon footprints. Airbus' Pléiades Neo satellites will provide high-resolution images in the Ranong and Chumphon provinces of southern Thailand that will help to ensure trees Nestle has planted in sourcing regions grow long term, the world's biggest food company said. "It's more accurate because you need to go down to 30 centimetres, which is a sheet of paper," Magdi Batato, Executive Vice President, Head of Operations, at Nestle, told Reuters.
PARIS (Reuters) -Airbus has changed the leadership of its A320-family jetliner programme, the profit backbone of the world's largest planemaker, as it faces a steep production ramp-up in the face of industrial pressures, industry sources said on Wednesday. Current programme leader Michael Menking has been appointed head of special projects for the planemaker's core commercial business. Airbus said it does not comment on internal appointments.