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Airbus Group SE (EAD.PA)

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  • Reuters2 months ago

    Delta Air tops profit estimate; says may cut wide-body jet orders

    Delta Air Lines Inc reported a better-than-expected quarterly profit on Wednesday and said it may consider reducing its orders for wide-body aircraft as the industry struggles with excess capacity. The No. 2 U.S. airline by passenger traffic had $17.64 billion worth of pending orders for wide-body aircraft with France's Airbus Group SE at current list prices, according to the planemaker's order book. "We continue to see excess capacity in wide-bodies as we look to the future for the industry as a whole," Delta Chief Executive Edward Bastian said on a conference call with analysts.

  • Airbus CEO considers new term, says not retiring soon
    Reuters2 months ago

    Airbus CEO considers new term, says not retiring soon

    Airbus (AIR.PA) Chief Executive Tom Enders is in the early stages of considering whether to seek another term as head of Europe's largest aerospace company when his mandate expires in 2019, and says he is not currently thinking about retirement. Enders was speaking after shareholders approved a change in the name of the company's Dutch-registered top entity to Airbus SE from Airbus Group SE, completing an overhaul which saw the group merge with its main jetmaking division earlier this year. The recent shake-up saw Frenchman Fabrice Bregier, who runs the planemaking business, add the new role of chief operating officer of the unified company, with an official No. 2 role.

  • Virgin’s Purple Lights and Mood Music Win Alaska’s Love
    Bloomberg2 months ago

    Virgin’s Purple Lights and Mood Music Win Alaska’s Love

    As the two carriers become one, Alaska Air plans to infuse cabins, clubs, and check-in with Virgin America’s sexy appeal.