MCE - Delayed Quote ? EUR Airbus SE (AIR.MC) Follow Compare 141.50 +2.86 (+2.06%) As of 4:28 PM GMT+2. Market Open. All News Press Releases SEC Filings All SEC Filings Corporate Changes & Voting Matters Periodic Financial Reports Proxy Statements Tender Offer/Acquisition Reports Offering Registrations GE Aerospace raises profit outlook, expects double-digit decline in LEAP deliveries (Reuters) -GE Aerospace raised its full-year profit outlook for the third time this year on Tuesday, but forecast a double-digit decline in LEAP jet engine deliveries due to supply constraints. The company said demand for commercial air travel remains robust, but material availability and supplier issues continue to cause disruptions and have impacted production and delivery of equipment and services. It sold fewer LEAP engines, which power Airbus and Boeing narrowbody aircraft, in the September quarter compared with a year ago. Reuters ? 4 hours ago EADSY It turns out airplane walls are really thin — and they're hollow Believe it or not, commercial planes aren’t designed to collide with anything except adorably aloof birds at both 575 miles per hour while soaring through the sky (or 20 mph taxiing around an airport.) A panini of fiberglass cabin interior wall, assembly plant air and thin sheet aluminum is the only thing shielding passengers from the elements when they buckle into a seat. I promise you, it couldn’t be safer. Quartz ? yesterday EADSY Azul Airlines boosts cargo capability with first A321 freighter Azul Airlines will soon deploy its first two Airbus A321 passenger-to-freighter aircraft. The post Azul Airlines boosts cargo capability with first A321 freighter appeared first on FreightWaves. FreightWaves ? 4 days ago EADSY Boeing's cash crunch, Delta's makeover, and United's strong quarter: Airlines news roundup Boeing is looking to raise billions of dollars to help it ride out a month-long machinist strike. Airbus is cutting jobs from its struggling space-and-defense division. United had a great quarter after outsmarting the rest of the industry. Plus: Data shows which carriers are most likely to mishandle your luggage. Quartz ? 4 days ago BA DAL EADSY Airbus' space program is falling back to Earth — and laying off 2,500 people Airbus (AIR) is trying to take on another of its many headaches, this time in space. The Wall Street Journal (NWS) reports that the French planemaker might cut as many as 2,500 jobs in its space-and-defense division. Quartz ? 4 days ago EADSY Boeing’s Big Layoffs Are Hitting the Industry. Airbus Is Cutting Jobs, Too. Another layoff announcement in aerospace and defense might signal the start of a disturbing trend for workers. Barrons.com ? 5 days ago BA EADSY London-listed Splenda maker surges on talk of ￡2.8bn takeover Tate & Lyle threatens to become the latest big business to quit the London stock market after reports that a US private equity giant is preparing a takeover bid. The Telegraph ? 5 days ago ^FTSE TATYY COMP Airbus says assessing financial impact of job cuts Airbus is holding off taking a charge for 2,500 newly announced job cuts in its Defence and Space unit as it assesses their financial impact, the company told analysts on Wednesday. "We are currently in the early-stage assessment of the potential financial impact and a restructuring provision is expected to be recognised once necessary conditions are fulfilled," investor relations head Helene Le Gorgeu said in a pre-results webcast made public on the planemaker's website. Reuters ? 5 days ago EADSY Europe's Airbus to lay off 2,500 as it tries to turn around its space and defense division European aircraft maker and Boeing rival Airbus said Wednesday that it was laying off 2,500 workers as it tries to turnaround its struggling defense and space division. Airbus said it would implement other organizational changes as it faces ongoing challenges in the defense and space sector, including disrupted supply chains, the rapid evolution of warfare tactics and increasing costs. The announcement comes after the company had already begun making organizational changes in the division last year, which it said have begun “bearing fruit.” Associated Press Finance ? 5 days ago EADSY BA Market Chatter: Boeing, Airbus Aircraft Delivery Delays Are 'Massively Frustrating,' IATA Head Says Market Chatter: Boeing, Airbus Aircraft Delivery Delays Are 'Massively Frustrating,' IATA Head Says PREMIUM MT Newswires ? 5 days ago BA EADSY Airbus plans to cut up to?2,500 jobs in its defense and space division Airbus has announced plans to slash up to 2,500 jobs in its defense and space division, citing a “complex business environment” marked by challenges including rising costs and “rapid changes in warfare.” CNN Business ? 5 days ago EADSY BA Airbus, Boeing aircraft delivery delays not improving, IATA head says Delivery delays from planemakers Airbus and Boeing are "massively frustrating" and are not yet getting better, the head of the global airline body IATA said on Wednesday. A number of Europe's leading airlines bemoaned the resulting capacity constraints at a conference in Brussels, with Ryanair saying it would have to revise down its passenger traffic estimates for next year because of the delays. "It's massively frustrating for airline CEOs and it's having a big impact," International Air Transport Association Director General Willie Walsh told an Irish think-tank. Reuters ? 6 days ago BA EADSY Airbus is cutting jobs as it struggles to take advantage of rival Boeing's woes Boeing (BA) rival Airbus (AIR) is slashing 2,500 jobs in its Defence and Space division as it continues to struggle to find its footing. Quartz ? 6 days ago EADSY BA Airbus to Shed 2,500 Jobs in Embattled Defense and Space Division The cuts come as the company battles with delays, increased costs and competition from the likes of SpaceX. The Wall Street Journal ? 6 days ago EADSF EADSY European airlines grappling with plane delivery delays European airlines are grappling with delivery delays from planemakers Airbus and Boeing, they said at a conference on Wednesday, although budget carrier Ryanair noted the capacity constraints would be good for ticket pricing. Ryanair group CEO Michael O'Leary said the company would be doing well if it got 10 or 15 aircraft from Boeing after March next year, instead of the expected 30. Air France-KLM said it was impacted by Pratt & Whitney engine issues with its Airbus A220 orders, while Lufthansa said it had never seen delays like those for the Boeing 777X, adding they had reached around five years. Reuters ? 6 days ago RYAAY BA EADSY Airbus to cut up to 2,500 jobs in defence and space PARIS (Reuters) -Airbus announced plans on Wednesday to cut up to 2,500 jobs in its Defence and Space division after spending months taking a deep dive into heavy losses in its satellites business. Airbus builds satellites and transporters and has key shares in European missile, fighter, and space-launch programmes. It has been hit by 1.5 billion euros ($1.63 billion) of charges in space systems in recent quarters, led by the high-tech OneSat project, and delays and rising costs in defence. Reuters ? 6 days ago EADSY Wizz Air confirms Airbus deliveries until end of 2025 Wizz Air has confirmation of its Airbus deliveries until the end of 2025, the airline's chief executive said on Tuesday, despite questions over whether the European planemaker can meet its full-year delivery target. As plane manufacturers have struggled to keep pace with demand because of supply chain and technical issues, Airbus deliveries fell 9% in September to 50 jets compared with a year ago. "Right now, as we speak, we are reconfirmed with Airbus till the end of 2025," Wizz Air Chief Executive Jozsef Varadi told a news conference in Warsaw. Reuters ? 7 days ago EADSY WZZZY Textron's Arm Secures Army Contract to Supply Bell 412 EPX Helicopter TXT's unit secures a $37.7 million contract from the U.S. Army to supply the Bell 412 EPX helicopter. Zacks ? 8 days ago TXT LMT BA Boeing Q3 Commercial & Defense Deliveries Increase Y/Y, Lag Airbus BA recorded a year-over-year increase of 10.5% and 21.4% in commercial and defense shipments, respectively, in the third quarter of 2024. Zacks ? 8 days ago BA TXT ERJ Boeing Plane Deliveries Plummet, and This Strike Isn't Helping Demand for commercial airplanes fell sharply in 2024, posing a bigger problem for Boeing than even a 25% drop in deliveries. Motley Fool ? 9 days ago BA EADSY Performance Overview Trailing total returns as of 10/22/2024, which may include dividends or other distributions. Benchmark is CAC 40 Return AIR.MC CAC 40 YTD +1.93% -0.04% 1-Year +17.77% +10.62% 3-Year +31.68% +12.78%
