|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||107.24 - 109.88|
|52-week range||59.28 - 121.00|
|Beta (5Y monthly)||1.89|
|PE ratio (TTM)||28.15|
|Earnings date||28 Oct 2021|
|Forward dividend & yield||N/A (N/A)|
|Ex-dividend date||20 Apr 2020|
|1y target est||137.67|
PARIS (Reuters) -Airbus has rebuffed calls by aircraft leasing companies to temper plans to almost double production of its best-selling A320 jet family, telling them its ambitions are justified by expectations for post-pandemic demand, industry sources said. Major lessors have joined engine makers in warning Airbus that an aggressive output increase to a new peak above 70 aircraft a month could upset the market and hurt plane values while a recovery from the coronavirus crisis remains fragile. The latest approach came in separate letters to Airbus from at least two of the world's largest leasing companies, the sources said, confirming a Financial Times report.
The plane maker didn't hand over a single 787 Dreamliner last quarter -- and it is making slow progress clearing out its 737 MAX inventory, too.
The budget airline is sticking to its aggressive growth strategy despite its recent operational challenges.