Banc Sabadell | Airbus (AIR) reported on Friday before the opening bell the delivery of 65 aircraft during the month of July (vs. 72 in June 2023 and vs. 46 in July 2022; +41%) bringing total deliveries in 2023 to 381 (vs 341 in July 2022). On the other hand, a total of 60 new orders and 3 cancellations were recorded during the month. Considering cancellations, net orders until July…
Link Securities| The Spanish daily, Expansión, reports on Thursday that European aerospace company Airbus (AIR) and US-based Voyager Space have announced the creation of a joint venture that will develop, build and operate Starlab, one of the projects to succeed the International Space Station. The agreement deepens the collaboration already announced last January when Voyager, which is also partnering with US-based Lockheed Martin on the project, selected Airbus as a…
Morgan Stanley| Management hosted a Business Update on Wednesday during the Paris Air Show, focusing on supply chains and production ramp-up. Specifically, Ross Law (analyst) estimates that during the event, the company has received orders for 846 aircraft, which according to the Airbus CEO, brings the total order backlog to 8,000 units, equivalent to 10 years of production at the current rate. With this, Ross highlights that the current strong…
Banc Sabadell | According to Reuters, Airbus (AIR) is reportedly the favourite (over Boeing) to win IndiGo’s 500 A320 aircraft order, making it the industry’s largest order by volume (versus one for 470 aircraft placed by Air India a few months ago). On the other hand, both Airbus and Boeing are reportedly also competing to sell 25 aircraft (AIR’s A330neo or Boeing’s 787) to the same airline. No statement has…
Singular Bank | Atos is in the process of splitting itself into an IT services unit and Evidian, which it plans to float this year. The restructuring would give Atos shareholders 70% of Evidian, and Atos plans to sell the remaining stake to finance its own transformation. Many Airbus shareholders commented their disagreement on the potential investment after it was made public last month, as it could be an inefficient…
Bankinter | After the WTO authorised the US to impose tariffs of 5.5 billion dollars on Europe, the Office of the US Trade Representative (USTR) announced the imposition of tariffs from 18 October.
The European aviation manufacturer Airbus has threatened to re-think its investments and presence in the UK if the country abandons the EU without agreement. According to the analysts at Alphaville: “Industrial processes don´t function where there are frontier breaks.”
Ofelia Marín-Lozano |The variations in the exchange rate, over short periods of time like quarters, sales performances or results expressed in euros which can lead to simple, erroneous conclusions. This is even more true in the case of a European company with a greater weighting in markets where the dollar is the currency of reference. That is to say in any market outside, if not the Eurozone, then at least Europe.
Multinationals such as Airbus or Aviva Investors are arguing in favour of the ‘In’ vote, warning that a possible Brexit would push the UK into recession before year-end.
The Corner | March 24, 2015 | Tragic events in the French Alps, as all 150 people on board Germanwings Flight 4U 9525 are feared dead.