Deutsche Bank | Christophe Menard: Airbus (AIR) successfully met its revised delivery forecasts for 2025 thanks to an unprecedented rebound of 102 aircraft in the second half of December, demonstrating its resilience and ability to ramp up production ahead of 2026. This strong performance warrants a longer-term valuation assessment, shifting the focus to 2028. Accordingly, we have raised our target price from £222 to £250, reflecting the shift to the…

Banc Sabadell | Airbus (AIR) would have delivered 793 aircraft in 2025 (against 790 aircraft in its revised guidance) after accelerating deliveries in the last days of the year, according to Bloomberg. If this figure is confirmed, they would have been able to deliver 136 aircraft in December (as opposed to 72 in November and 123 aircraft in December 2024; up 10.6%). Assessment: Pending confirmation of the final number of…

Alphavalue/Divacons | The aerospace and defence company and Air China have formalised an order for 60 A320neo aircraft, valued at $9.53 billion at list price, with deliveries between 2028 and 2032. The Chinese airline is seeking to modernise its fleet, improve operational efficiency and reduce emissions, given that the A320neo consumes around 20% less fuel. Airbus: Add, Target Price €227/share.

Link Securities | According to Bloomberg, citing people familiar with the matter, Airbus (AIR) has delivered 90 civil aircraft so far in December, while another 35 aircraft have completed customer acceptance flights, so the company does not believe it needs to cut its target of 790 aircraft delivered in 2025 for the second time in just a few weeks .

Link Securities | According to the newspaper Expansión, aerospace giant Airbus (AIR) has been one of the major beneficiaries, along with INDRA (IDR) and Navantia, of the special modernisation programmes (PEM) launched by the Spanish government. Under the PEMs, Airbus has secured a contract with the Ministry of Defence to manufacture 18 C295 military transport aircraft, which will replace the current CN235 and C212 aircraft. These aircraft will be used…

Bankinter | Airbus has announced four contracts for the acquisition of 100 helicopters, as part of the National Helicopter Plan announced in May, worth around €4 billion and to be delivered between 2027 and 2031. Airbus Helicopters will strengthen its capabilities in Spain, creating more than 300 highly skilled jobs. The Albacete plant will have a new military helicopter customisation centre and an international training centre for pilots. Analysis team’s…

Alphavalue / Divacons | The aerospace and defence company has released its delivery figures for November. The company has confirmed 72 deliveries following an industrial failure that slowed down production. The figure is lower than in previous months, and the company will need a very strong December to meet its annual target. On the other hand, the quality issues detected by Airbus in a limited number of metal sheets in…

Norbolsa | The company cuts its delivery target for 2025 to 790 aircraft (previously 820) due to quality issues with A320 fuselage panels manufactured by Sofitec, which are affected by thickness defects. The revision affects hundreds of units, 40% of which are still in production, and has already slowed down deliveries in November. Despite the operational impact, Airbus is maintaining its financial targets for the year unchanged: adjusted EBIT of…

Deutsche Bank | On 28 November, Airbus announced a recall campaign affecting more than 6,000 A320 aircraft due to a critical software fault that posed a risk to flight safety. Although most aircraft received a software update over the weekend, up to 15% still require a hardware update. Airlines have been affected unevenly, with limited disruptions in Europe and the United States. Thales, as the hardware manufacturer, is not responsible…

CdM | Airbus (AIR) has launched the second phase of its share buyback programme announced on 8 September this year, aimed at supporting future employee share ownership plans and share-based compensation plans, the company reported on Thursday to the Spanish National Securities Market Commission (CNMV). The programme is being executed in several phases, on the open market, during a period ending on 16 January 2026, for a maximum of 4,140,000…