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…

Morgan Stanley | Ross Law (analyst) reiterates Airbus as his Top Pick, raising estimates and Target Price after Q3 results. Although Ross maintains his ‘lower and later’ hypothesis for aircraft production rates, which puts him 7% below the consensus on average deliveries for FY26-30 (range 3-10%), his financial forecasts are more aligned, as he believes that the expansion of gross margin due to mix, pricing power and production efficiencies is…

Link Securities | Airbus, Leonardo (LDO-IT) and Thales (HO-FR) have signed a memorandum of understanding (MoU) to create a space giant that aims to unite and improve their capabilities by combining their activities: manufacturing satellite and space systems, and space services, reports the newspaper Expansión. This agreement excludes space shuttles. In the case of Airbus, rocket activities are housed in a joint subsidiary with the French company Safran (SAF-FR), called…

Deutsche Bank | Christophe Menard: Airbus (AIR) is on track to meet its delivery targets for fiscal year 2025, with preliminary September figures reflecting the strong performance in 2018, indicating a recovery in deliveries of the A320 family. At the same time, efforts continue to consolidate European space activities into a joint venture involving Airbus, Leonardo and Thales. This initiative aims to create a European leader, improve profitability and reduce…

Banco Sabadell | According to Reuters, Airbus delivered around 60 aircraft in August (compared to 47 in August 2024 and 67 in July 2025). If this figure is confirmed, it would bring the total number of deliveries in 2025 to around 433 aircraft compared to 447 aircraft in the same period in 2024; down 3%). Assessment: pending confirmation of the final number of deliveries in the coming days, the preliminary…

Banc Sabadell | Airbus (AIR) announced on Thursday (07/08), after the market closed, the delivery of 67 aircraft during the month of July (compared to 77 in July 2024 and 63 in June 2025), bringing the total number of deliveries in 2025 to 373 (compared to 400 in the same period in 2024; down 7%). On the other hand, a total of seven new orders were recorded during the month,…