The Latest Breaking News from Airbus SE

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…

Air Canada (OTC:ACDVF) agreed to acquire 26 extra-long range (XLR) versions of Airbus SE (OTC:EADSY) A321neo aircraft. Deliveries are to begin in Q1 of 2024, with the final aircraft arriving in Q1 of 2027. Financial terms not disclosed. Fifteen aircraft will be leased from Air Lease Corp (NYSE:AL), five will be leased from AerCap Holdings (NYSE:AER), and six acquired…

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…