Airbus SE
AerCap CEO on tariff impact: A Boeing 787 will go up by $40 million ‘in worst case scenario’
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email CNBC’s Phil LeBeau and AerCap CEO Aengus Kelly join ‘Squawk Box’ to discuss the state of global airline travel demand, impact of tariffs, Boeing’s production and delivery timeline, and more. Source
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Lufthansa hopeful Trump administration will spur Boeing deliveries as delays hit bottom line
German airline group Lufthansa is hopeful that the new U.S. administration will support Boeing in overcoming issues that have led to industry-wide delivery delays, CEO Carsten Spohr said Thursday. The company expects 2025 will be the year when it starts to recieve aircraft for which it has been “waiting for so long now,” Spohr told […]
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First-class seats are getting so fancy they’re holding up new airplanes
A Lufthansa First Class “Allegris” cabin, which was set up outside the show. Peter Kneffel | Picture Alliance | Getty Images Heated or cooled seats. Ultra-high-definition TV screens. Benches. Convertible beds. All-aisle access. And of course, the coveted privacy door. Ever-more luxurious first- and business-class cabins that have hundreds of parts and require regulator approval […]
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Airbus could bring forward non-U.S. deliveries if Trump tariffs impede trade, CEO says
The logo of Airbus is pictured outside the Airbus facility in Saint-Nazaire, France, November 7, 2023. Stephane Mahe | Reuters Airbus could prioritize deliveries to its non-U.S. customers if tariffs disrupt the European planemaker’s imports stateside, CEO Guillaume Faury said Thursday. “We have a large demand from the rest of the world, so [if] we […]
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Schneider Electric shares pop 6% as record profit beats expectations; Europe stocks mixed
Renault reports record operating profit and revenue beat French automaker Renault on Thursday posted its highest-ever annual operating profit while revenues came in well above expectations, as the company said its “unprecedented” flurry of product launches had boosted performance. Group revenue increased 7.4% year on year to 56.2 billion euros ($58.6 billion), ahead of the […]
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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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