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Deutsche Bank let Airbus Group at 'Buy' - target 78 Euro (at pr 63.24#$%$) chance of positive surprise.
Surprising that Airbus shares not taken off given the low Euro via Dollar
Airbus plans to fly its newest plane, the A350-1000, for the first time Thursday.It plans to deliver the first of the planes next year. Commerzbank buy, see 62#$%$ (actual 57.62#$%$)
PARIS (AFP) - Airbus Group on Wednesday posted a five percent fall in January-September net profit to 1.81 billion euros ($2 billion) as it revealed it intends to deliver more planes than initially forecast this year. 3.Q Reporting
Citing stable overall sales of 43 billion euros for the period, the company said it would seek to raise deliveries to 670 planes, a rise of 20 aircraft, in order to hit its annual earnings targets.
Demand outlook for Airbus' A380s took another hit Friday after Australia's Qantas Airways signaled that it didn't the rest of its order for Airbus' largest plane. Qantas' Chief Executive Officer Alan Joyce said that the airline's current fleet of 12 A380s was enough to meet demand and doesn't need the other eight on order. Joyce had delayed the delivery of the last of the jets for the last two years. Virgin Atlantic has also pushed back delivery of the double-decker jumbo jets so Dubai's Emirates is the last carrier committed to the A380.