Airbus SE
Aerospace firms brace for protectionism under Trump, Airbus CEO says
An Airbus A321 XLR aircraft, with CFM LEAP engine, is pictured on the opening day of the Farnborough International Airshow 2024, south west of London, on July 22, 2024. Justin Tallis | AFP | Getty Images European aerospace companies are bracing for “very strong” protectionism in the United States under the administration of President-elect Donald […]
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Aviation industry faces a slew of challenges — ‘problems that will take years’ to resolve
The aviation industry is bracing for another year of difficulties, as delivery delays at Boeing and supply chain problems are set to continue into 2025, say aviation consultants. Sunday marked one year since a door panel blew off a Boeing 737 Max 9 operated by Alaska Airlines, an event that reignited a firestorm of questions […]
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How to ‘tariff-hedge’ your European portfolio, according to TS Lombard
As Europe faces the prospect of tariffs on its exports to the United States, TS Lombard has advised investors in the region on how to “tariff-hedge” their portfolios. U.S. President-elect Donald Trump warned ahead of his election win that he would introduce a blanket tariff of up to 20% on all imports . This week […]
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Airbus to cut up to 2,500 jobs in defense and space
A logo sits on display outside the Airbus wing assembly factory in Broughton, U.K. Paul Thomas | Bloomberg | Getty Images Airbus announced plans on Wednesday to cut up to 2,500 jobs in its Defence and Space division, citing a “complex business environment” especially in loss-making satellites. The European aerospace group said it aims to […]
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Airbus monthly deliveries fall, piling pressure on annual target as production woes persist
Airbus operators during manufacturing on the assembly line of the C295 aircraft on March 12, 2024, in Seville, Andalusia, Spain. Europa Press News | Europa Press | Getty Images Airbus reported lower monthly deliveries late on Wednesday, putting its annual production target under pressure as supply chain struggles continue to plague the industry. The European […]
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A push toward sustainable jet fuel is leaving investors with unanswered questions
Neste Oyj’s Singapore refinery in Singapore, one of the world’s biggest SAF plants, under construction on Wednesday, June 22, 2022. The site was chosen because its already a petrochemicals center with sound logistical connections and talent is readily available. Bloomberg | Bloomberg | Getty Images The aviation industry still sees so-called “sustainable aviation fuel” (SAF) […]
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Airplane engines are in short supply. The business of fixing older ones is booming
TULSA, Okla. — Parts and labor shortages. Delayed deliveries of new airplanes from Boeing and Airbus. An engine recall. Premature repairs. It’s all piling up, and aircraft engine shops around the world are overflowing. As travelers boarded planes in record numbers this summer, airline executives waited anxiously for repairs and overhauls of their engines. The […]
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At the year’s biggest air show, Boeing and Airbus orders were muted. Supply chain worries were not
An Airbus A321 flies at the Farnborough International Airshow, in Farnborough, Britain, July 22, 2024. Toby Melville | Reuters FARNBOROUGH, England — Massive airplane orders, hundreds deep in recent years, were absent from this year’s biggest air show. The focus instead was on struggles at Boeing and Airbus to ramp up airplane production while battling […]
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Shares producing the largest moves midday: SolarEdge Systems, Pool Corp., Carnival and more
Verify out the corporations making headlines in midday trading: SolarEdge Systems — Shares of the company tumbled 20.6% next the announcement that it will offer $300 million worthy of of convertible notes due 2029. The business also unveiled in a U.S. Securities and Trade Commission filing on Monday that a shopper will not likely be […]
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Airbus shares fall 12% as company cuts 2024 guidance on targets, deliveries
A Lufthansa Airbus A340-313 aircraft taxis at Los Angeles International Airport before departing for Frankfurt on May 5, 2024 in Los Angeles, California. Kevin Carter | Getty Images News | Getty Images Shares in Airbus fell by close to 12% on Tuesday after the company said it was cutting its targets for 2024, including aircraft […]
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