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Airbus Group SE (EAD.PA)

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  • Bloomberg5 days ago

    Safran to Buy Zodiac for $10 Billion in All-French Aero Deal

    Aircraft-engine maker Safran SA agreed to buy plane-seat supplier Zodiac Aerospace SA for almost 10 billion euros ($10.5 billion) in an all-French deal that will unite two of the country’s biggest aerospace groups. Safran will offer 29.47 euros per share in cash, 26 percent above Wednesday’s close, the companies said Thursday. If half of Zodiac’s equity is tendered, Safran will complete the purchase via a share swap, paying stock that was worth 29.96 euros Wednesday for each remaining Zodiac share, excluding a special dividend to be paid to Safran investors before the deal closes.

  • Bloomberg6 days ago

    Last Airbus A350-1000 Test Jet to Fly in Qatar Delivery Push

    The third and final aircraft needed to complete flight trials of Airbus Group SE’s enlarged A350-1000 jet is poised to join the test program as the manufacturer pushes to hand over the first production ...

  • Reuters8 days ago

    Airbus CEO sees 'flying car' prototype ready by end of year

    Airbus Group plans to test a prototype for a self-piloted flying car as a way of avoiding gridlock on city roads by the end of the year, the aerospace group's chief executive said on Monday. Airbus last year formed a division called Urban Air Mobility that is exploring concepts such as a vehicle to transport individuals or a helicopter-style vehicle that can carry multiple riders. "One hundred years ago, urban transport went underground, now we have the technological wherewithal to go above ground," Airbus CEO Tom Enders told the DLD digital tech conference in Munich, adding he hoped the Airbus could fly a demonstration vehicle for single-person transport by the end of the year.