|Bid||0.00 x 80000|
|Ask||0.00 x 6450000|
|Day's Range||207.00 - 212.00|
|52 Week Range||81.15 - 225.00|
|PE Ratio (TTM)||-24.86|
|Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Aeroflot PJSC is targeting a deal for 28 Airbus SE A350 jets by the end of this year, double an initial outline agreement, as Russia’s biggest airline pushes expansion plans buoyed by a recovering economy....
This year's Paris Air Show was dominated by the annual order battle between Airbus and Boeing, but industry executives said the duopoly will be forced to share the stage at future shows as newcomers from Russia, China and Japan muscle into the passenger plane market. Japan's Mitsubishi Aircraft Corp brought its MRJ regional jet to Europe for the first time during the air show. China and Russia carried out maiden flights of new narrow-body aircraft last month in their bids to enter the $100 billion-plus annual aerospace market.
Russia's new MS-21 passenger plane, its first domestically-built mainline commercial aircraft since the collapse of the Soviet Union, is a serious venture capable of competing with industry heavyweights Airbus (AIR.PA) and Boeing (BA.N), the head of national airline Aeroflot (AFLT.MM) told Reuters on Friday. Russia carried out the MS-21's maiden flight on Sunday and has heralded the twin-engine jet as a domestic alternative to those made by America's Boeing and Europe's Airbus, which dominate the medium-range narrow-body market. Manufacturer Irkut Corporation (IRKT.MM) and its state-controlled parent company United Aircraft Corporation (UAC) (UNAC.MM) say the new plane is more efficient than its Western counterparts, but analysts warn Russia faces a huge challenge to shatter the transatlantic airplane duopoly.