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The Latest Breaking News from EADSY

2024 Defense Stock Picks: Buy or Hold?

The rise in geopolitical turmoil around the world is leading to an increase in defense spending, setting the stage for the defense industry to flourish. In this scenario, let’s analyze the potential of Airbus (EADSY), MSA Safety (MSA) and Lockheed Martin (LMT).

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2 Stocks to Soar on the Aerospace Boom!

The massive orders received by Boeing (BA) and Airbus (EADSY) at the recent Paris Air Show confirm that the aviation industry is back with a vengeance after the Covid pandemic. In fact, the biggest order ever in the industry was landed by Airbus. However, other companies are also benefiting from…

StockNews.com

5 Top Defense Stocks to Buy on the Dip

Shares of prominent defense stocks rallied after Russia invaded Ukraine, thanks to the increased military spending globally. Since the market for defense components is expected to remain elevated, buying the dip in quality defense stocks Moog Inc. (MOG.A), Airbus SE (EADSY), Astronics Corp. (ATRO), Textron (TXT), and Sturm, Ruger &…

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Airbus Reveals Massive New Orders In China

Airbus SE (OTC:EADSY) has won an order for 292 A320 Family aircraft from several Chinese airlines, indicating the positive recovery momentum and prosperous outlook for the Chinese aviation market. The Chinese airlines involved are Air China, Ltd. (OTC:AICAF), China Eastern Airlines Corp. Ltd. (NYSE:CEA), China Southern Airlines Co. Ltd.(NYSE:ZNH), and Shenzhen Airlines. These orders will enter the…

Benzinga

Japan Airlines Considers Replacing Short-Haul Fleet: Bloomberg

Japan Airlines Co Ltd (OTC:JAPSY) is considering replacing its older Boeing Co. (NYSE:BA) 737 short-haul fleet with more modern and fuel-efficient models, Bloomberg reported, citing people familiar with the matter. The airline operates 45 of the 737 jets with an average age of about 12.5 years and is currently deciding between the 737…

Benzinga

Airbus Bags FORUM Earth Monitoring Satellite Contract From ESA

Airbus SE (OTC:EADSY) has secured a €160 million contract for the European Space Agency’s (ESA) FORUM satellite to measure heat emitted from the Earth into space. FORUM, short for Far-infrared Outgoing Radiation Understanding and Monitoring, will be the first satellite to observe Earth in the far-infrared part of the spectrum, providing unique measurements…

Benzinga

Airbus A321XLR Aircraft Takes Off For The First Time

Airbus SE (OTC:EADSY) (OTC:EADSF) launched the first flight of its newest and largest narrowbody aircraft, the A321XLR, on Wednesday. The European planemaker aims to seek lucrative demand for long-range single-aisle jets, reported Reuters. The aircraft, MSN 11000, took off from Hamburg-Finkenwerder Airport at 11:05 hrs CEST for a test flight that lasted approximately…

Benzinga

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Better Buy: Boeing vs. Airbus

The reassessment in increase in defense spending by several countries amid current geopolitical tensions should benefit the aerospace and defense industry. Therefore, Boeing (BA) and Airbus (EADSY) could be worth watching. But the stocks of which of these stocks is a better buy now? Read more to learn our view.

StockNews.com

Airbus's New Facility To Research Cryogenic Fuel Systems, Focused On Hydrogen Technologies

Airbus SE (OTC:EADSY) is establishing a hydrogen-focused facility in the United Kingdom; its latest attempt to boost the design of its next generation of aircraft, reported CNBC. Airbus stated in a statement Wednesday that the Zero Emission Development Centre in Filton, Bristol, has already begun working on the technology's development. One of…

Benzinga

Airbus Steps Up Monitoring Chinese Supply Chain: Reuters

Airbus SE (OTC:EADSY) is tightening monitoring of its Chinese supply chain following the increased disruption caused by recent pandemic lockdowns, Reuters reported, citing Airbus Chief Executive Guillaume Faury. "The whole worldwide supply chain is complicated at the moment," he mentioned at a news briefing in his capacity as head of France's Gifas…

Benzinga

Honeywell Looks For More Suppliers To Support Boeing, Airbus Aircraft Targets: Reuters

Honeywell International Inc (NASDAQ:HON) is exploring adding more suppliers as it prepares to meet higher demand from Boeing Co (NYSE:BA) and Airbus SE (OTC:EADSY), which are ramping up production to cater to a surge in air travel, Reuters reported. Honeywell, which manufactures everything from engines to cockpit components, is working to diversify its supplier base of…

Benzinga

BOC Aviation Orders 80 New Airbus A320NEO Family Aircraft

BOC Aviation Limited (OTC:BCVVF) has agreed to purchase 80 new Airbus A320NEO family aircraft from Airbus SE (OTC:EADSY). Financial terms were not disclosed. The company expects aircraft deliveries to occur between 2027 and 2029. “This is the largest single order that we have ever placed and it will bring our total Airbus aircraft purchased since…

Benzinga

CDB Aviation Inks Sale, Leaseback Agreement With Volaris For Five Airbus Aircraft

CDB Aviation entered into a new sale and leaseback agreement with its existing customer, Controladora Vuela Compania De Aviacion SAB De CV (NYSE:VLRS) (Volaris), for a fleet of five Airbus SE (OTC:EADSY) aircraft. Financial terms not disclosed. CDB Aviation is an Irish subsidiary of China Development Bank Financial Leasing Co., Ltd. (CDB Leasing). This agreement brings…

Benzinga

Airbus Q1 Deliveries Rise 13%: Reuters

Airbus SE (OTC:EADSY) delivered between 140 and 142 aircraft in the first quarter, up about 13% year-over-year, Reuters reported, citing industry sources. According to the cited sources, 62 jets were delivered in March, at least some of which came from long-term storage. The report quoted Jefferies analyst Chloe Lemarie predicting total quarterly deliveries of…

Benzinga

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Benzinga

Airbus Foresees Market For 2,210 Planes In India Over Next 20 Years: Reuters

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…

Benzinga

Occidental's 1PointFive Sells Carbon Removal Credits To Airbus

1PointFive, a subsidiary of Occidental Petroleum Corp's (NYSE:OXY) Oxy Low Carbon Ventures business, entered an agreement for the sale of 400,000 tonnes of carbon removal credits from its planned first Direct Air Capture (DAC) facility using Carbon Engineering's DAC solution to Airbus SE (OTC:EADSY). Deal terms were not disclosed. Airbus pre-purchased the capture and…

Benzinga

Airbus Interested In Acquiring Atos's Cybersecurity Business - Report

European aerospace and defense firm Airbus SE (OTC:EADSY) is interested in taking over the cybersecurity business of French software company Atos (OTC:AEXAY), Reuters reported citing France's BFM TV. The report noted that Airbus had been looking into a potential acquisition of Atos over the last few weeks, driven by its interest in cybersecurity, but added that…

Benzinga

Germany To Buy 35 Lockheed F-35 Fighter Jets: Reuters

Germany plans to buy 35 U.S. F-35 fighter jets built by Lockheed Martin Corp (NYSE:LMT) to replace its aging Tornado, reported Reuters. Germany also plans to purchase 15 Eurofighter jets equipped for electronic warfare from Airbus SE (OTC:EADSY), the report cited a confidential document sent to lawmakers. "After careful consideration of all available options, I…

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Benzinga

Airbus Delivers 49 Commercial Aircraft In February

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…

Benzinga

Airbus, Fortescue Future Industries Collaborate To Help Decarbonise Aviation

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…

Benzinga

Dassault CEO Voices Frustration Over Fighter Talks With Airbus: Report

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…

Benzinga

JetBlue Converts 30 Airbus Aircraft Options To Firm Order; Accelerates E190 Retirement

JetBlue Airways Corp (NASDAQ:JBLU) exercises its option to add 30 additional Airbus SA (OTC:EADSY) A220-300 aircraft to its order book, bringing the total number of A220s in the airline's fleet and on order to 100. "We're already seeing benefits from the eight A220s we've added to the fleet, and we're very happy to have more…

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