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Boeing CFO: Reducingg debt key focus when cashflow returns
ST Engineering Says First A321P2F By Co, Airbus & EFW Enters Into Service
Air Lease Corporation Announces Delivery Of New Airbus A321-200Neo Lr Aircraft To Titan Airways
Airbus SE, formerly Airbus Group SE, is a company based in the Netherlands that is active in the aerospace and defense industry. The Company operates through three segments: Airbus, Airbus Helicopters and Airbus Defence and Space. The Airbus segment focuses on the development, manufacturing, marketing and sale of commercial jet aircraft and aircraft components, as well as on aircraft conversion and related services. The Airbus Helicopters segment specializes in the development, manufacturing, marketing and sale of civil and military helicopters, as well as on the provision of helicopter related services. The Airbus Defence and Space segment produces military combat aircraft and training aircraft, provides defense electronics and global security market solutions, and manufacturers and markets missiles.
Aerospace & Defense
Rene Richard Obermann
Non-Executive Independent Chairman
Chief Executive Officer, Executive Director
Chief Financial Officer, Member of the Executive Committee
Chief Operating Officer, Member of the Executive Committee
Chief Human Resources Officer, Member of the Executive Committee
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Sales at Safran fell 44.5% in the third quarter to 3.382 billion euros ($4 billion) from a year ago but steadied compared to the previous quarter, prompting the French aerospace group to reaffirm full-year forecasts despite new coronavirus lockdowns.
Britain said it must have the right to respond in kind to tariffs imposed as part of a 16-year Boeing-Airbus row, underscoring the complicated choices the country will face on major trade flashpoints after Brexit.
Airbus said on Thursday it expected to stop burning cash in the fourth quarter, giving investors the first glimpse of a path out of the coronavirus crisis after speeding up deliveries to cash-strapped airlines.
Airbus <AIR.PA> CEO Guillaume Faury on Thursday stood by the planemaker's newly released quarterly cash guidance despite a new lockdown announced overnight in France, where it is based.
Airbus said on Thursday it expected to reach cash breakeven in the fourth quarter, setting the first forward-looking target since the start of the coronavirus crisis after managing to stop bleeding cash in the third quarter.
JetBlue Airways' third-quarter revenue plunged by 76% as the COVID-19 pandemic hammered travel demand but the New York-based budget carrier expects an upturn in bookings for the Thanksgiving and Christmas holiday season, it said on Tuesday.
Singapore's ST Engineering and its joint venture with Airbus said they would set up new sites in China, Germany and the United States by 2023 to convert A321 passenger planes to freighters after the first one entered service with Qantas on Tuesday.
The United States on Monday told the WTO that it regretted the European Union's decision to pursue retaliatory tariffs for Boeing <BA.N> subsidies, adding it favoured a "negotiated resolution" with the bloc over its subsidies to rival planemaker Airbus <AIR.PA>.
The world's largest planemaker Airbus has taken the industry by surprise by asking suppliers to prepare for a sharp increase in production after the coronavirus crisis - yet at the same time it quietly delayed its timetable for recovery.
Airbus has asked suppliers to be ready to support a conditional 18% increase in production of its best-selling single-aisle A320 jet family once demand recovers from the coronavirus crisis, the European planemaker said on Thursday.
A campaign by coronavirus-stricken aviation giants to persuade the world it's safe to fly has been questioned by one of the scientists whose research it draws upon.
French Finance Minister Bruno Le Maire said on Friday he was in favour of Europe imposing tariffs on U.S. goods after the World Trade Organization (WTO) granted the European Union the right to retaliate against U.S. subsidies for planemaker Boeing <BA.N>.
The United States has offered to settle a long-running aircraft subsidy dispute with the European Union and remove tariffs on wine, whisky and other products if Airbus repays billions of dollars in aid to European governments, several sources close to the matter told Reuters...
* U.S. has started imposing tariffs on $7.5 bln of EU goods (Adds background and quote from former U.S. official)
The United States has offered to settle a long-running aircraft subsidy dispute with the European Union and remove tariffs on wine, whisky and other products if Airbus repays billions of dollars in aid to European governments, several sources close to the matter told Reuters
The European Union on Tuesday won the right to impose tariffs on $4 billion of U.S. goods in retaliation against subsidies for planemaker Boeing <BA.N> - deepening a record trade spat that has already prompted Washington to slap duties on EU imports.
The World Trade Organization on Tuesday gave the European Union permission to impose tariffs on $4 billion of U.S. goods, but Washington said there was no legal basis to do since a state tax break for Boeing Co had been repealed.
The World Trade Organization on Tuesday gave the European Union permission to impose tariffs on $4 billion of U.S. goods, but Washington said there was no legal basis to do since a state tax break for Boeing Co <BA.N> had been repealed.
The European Union has won the right to impose tariffs on $4 billion in U.S. goods in retaliation for subsidies granted to planemaker Boeing <BA.N> under a World Trade Organization (WTO) ruling on Tuesday.
European shares hovered at five-week highs on Tuesday following a three-day rally that was sparked by hopes of more U.S. stimulus, while Airbus slipped after JPMorgan downgraded its rating on the stock.
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.