The Latest Breaking News from Airbus SE

Parker-Hannifin (NYSE:PH) is set to gain EU antitrust clearance for its $8.3 billion bid for Britain's Meggitt plc (OTC:MEGGF) after offering to sell a U.S. factory to address competition concerns, Reuters reported, citing people familiar with the matter. Related: Parker-Hannifin To Acquire Meggitt For ~£6.3B The report noted that PH submitted its offer to the…

Airbus SE (OTC:EADSY) expects the Indian aviation sector to order 2,210 planes over the next 20 years, up from a previous forecast of 1,900, reported Reuters. With low-cost carriers making up the bulk of the Indian market, Airbus expects airlines will need 1,770 narrowbody planes to grow their fleets and replace old…

Airbus SE (OTC:EADSY) has delivered 79 aircraft to 38 customers year-to-date, with 49 deliveries registered in February. Airbus recorded 149 gross orders year-to-date, of which 113 were ordered in February. Total net orders stood at 55 after 94 cancellations. In February, rival Boeing Co (NYSE:BA) delivered 22 airplanes and booked gross orders for 37 planes. Also Read: Boeing…

Bloomberg reports that satellite semiconductor provider SatixFy Communications Ltd agreed to go public via a special purpose acquisition company (SPAC) merger. SatixFy's deal with Endurance Acquisition Corp (NASDAQ:EDNC) will give the combined company a pro forma implied equity value of about $813 million. Israel-based SatixFy is a fabless semiconductor company providing products based on its own…

Airbus SE (OTC:EADSY) has partnered with Australian miner Fortescue Metals Group Limited (OTC:FSUMF) hydrogen unit Fortescue Future Industries (FFI) to help reduce CO2 emissions from flying. FFI and Airbus signed an MoU, under which the companies will collaborate closely, to implement green hydrogen as a fuel within the aviation industry. They will look specifically…

Dassault Aviation SA (OTC:DUAVF) expressed frustration over a dispute with partner Airbus SE (OTC:EADSY) about the next phase of work on the European Future Combat Air System (FCAS) fighter project and stated that it was important to establish clear leadership, reported Reuters. FCAS is designed to replace the Eurofighter and Dassault's Rafale with a…