AIR.PA - Airbus SE

Paris - Paris Delayed Price. Currency in EUR
118.88
+0.96 (+0.81%)
At close: 5:35PM CEST
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Previous Close117.92
Open117.54
Bid0.00 x 0
Ask0.00 x 0
Day's Range116.80 - 119.52
52 Week Range77.50 - 133.86
Volume1,192,461
Avg. Volume1,152,737
Market Cap92.429B
Beta (3Y Monthly)1.35
PE Ratio (TTM)24.72
EPS (TTM)4.81
Earnings DateOct 30, 2019
Forward Dividend & Yield1.65 (1.40%)
Ex-Dividend Date2019-04-15
1y Target Est120.82
  • EU Seeks to Halt U.S. Tariffs Over Airbus Aid in Last-Gasp Plea
    Bloomberg

    EU Seeks to Halt U.S. Tariffs Over Airbus Aid in Last-Gasp Plea

    (Bloomberg) -- The European Union made a last-ditch appeal to the U.S. to refrain from triggering retaliatory tariffs over illegal subsidies to Airbus SE, warning of economic harm to both sides and repeating a call for a negotiated solution.European Trade Commissioner Cecilia Malmstrom told her U.S. counterpart, Robert Lighthizer, that his plan to hit $7.5 billion of EU goods ranging from planes to whiskey with duties would compel the EU to apply countermeasures in a parallel lawsuit over market-distorting aid to Boeing Co. U.S. levies would make a negotiated settlement harder to reach, she said.“I strongly believe that imposing additional tariffs in two aircraft cases is not a solution,” Malmstrom said in an Oct. 11 letter to Lighthizer seen by Bloomberg News. “It would only inflict damage on businesses and put at risk jobs on both sides of the Atlantic, harm global trade and the broader aviation industry at a sensitive time.”The World Trade Organization is due to give final approval for U.S. retaliation in the Airbus case on Monday, allowing tariffs to kick in as planned on Friday.The trans-Atlantic dispute over aircraft aid risks fraying a trade truce struck between the U.S. and EU in July 2018. At the time, both sides pledged to try to scale back commercial barriers and avoid a repeat of tit-for-tat tariffs that began with President Donald Trump’s duties on European steel and aluminum on U.S. national-security grounds.The WTO cases over subsidies to Airbus and Boeing are 15 years old. Because of the calendar, the U.S. is entitled to strike first and the EU would follow suit sometime in 2020.Malmstrom gave no sign in her letter to Lighthizer that an idea floated in some EU circles for quicker European retaliation is gaining ground. The idea weighed was to hit back by invoking an unrelated, older WTO case against a now-defunct U.S. tax break given to companies, including Boeing, via subsidiaries known as foreign sales corporations.Instead, Malmstrom said the EU’s planned countermeasures of $12 billion would be applied “when the time comes on the parallel Boeing case.”Aside from causing economic harm, hastier European retaliation could undermine the EU’s claim to be working to uphold the WTO system that Trump’s protectionism is shaking.“We are ready to negotiate a settlement for both the Airbus and the Boeing case addressing remaining compliance obligations on both sides, putting these cases behind us,” Malmstrom said.To contact the reporter on this story: Jonathan Stearns in Brussels at jstearns2@bloomberg.netTo contact the editors responsible for this story: Ben Sills at bsills@bloomberg.net, Tony Czuczka, Linus ChuaFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Barrons.com

    Boeing-Embraer Deal May Lift Aerospace Stocks Because Investors Like Monopolies

    The number of independent jet makers is dropping. That means commercial aerospace stocks will stay popular on Wall Street for the foreseeable future.

  • Financial Times

    Qantas hopes its ultra-long-haul flights will go the distance

    Qantas Airways will begin testing the longest direct flights in the world next Friday, as the Australian airline aims to stretch the boundaries of technological innovation in a bid to woo premium passengers ...

  • Financial Times

    Airbus signs deal to 3D-print drones and self-driving cars

    Airbus has created a new venture to manufacture drones and self-driving cars “at unprecedented speeds” with Local Motors Industries, a 3D-printing start-up in San Francisco.  The two companies are launching ...

  • Delta Air Lines from Windfall to Skyfall?
    Market Realist

    Delta Air Lines from Windfall to Skyfall?

    Delta Air Lines (DAL) reported an EPS of $2.32 in Q3, beating the expectation of $2.26, but the stock opened 3.7% lower on weak Q4 guidance

  • Is Boeing Stock A Buy Right Now? This Is What You Need To Know
    Investor's Business Daily

    Is Boeing Stock A Buy Right Now? This Is What You Need To Know

    Boeing is in the news a lot, but investors wondering if the stock is a good buy now should also look at the aerospace giant's fundamentals and its chart.

  • Delta looks at faster hiring to meet 'surprise' demand, costs rise
    Reuters

    Delta looks at faster hiring to meet 'surprise' demand, costs rise

    Delta Air Lines hopes to speed up the hiring of pilots, flight attendants, reservation and airport staff after "surprise" demand growth fueled better-than-expected third-quarter profit, Chief Executive Ed Bastian told Reuters. Shares of Delta, which have outperformed major airline peers this year, sank 3.4% to $52.06, after earlier dropping to $51.07, its lowest since March 29. Delta paid its pilots record overtime this summer as the carrier flew a heavy schedule, in part because of demand tapped from competitors that canceled flights due to the grounding of Boeing 737 MAX planes, Reuters reported on Wednesday.

  • Financial Times

    US-UK trade: a special relationship?

    Hello and welcome back to Free Trade — in this case, for the last time. As Alan Beattie wrote on Tuesday , we are shutting down for a week before reopening as Trade Secrets. And we are moving from two ...

  • AerCap picks up Airbus jet orders dropped by Norwegian - sources
    Reuters

    AerCap picks up Airbus jet orders dropped by Norwegian - sources

    Orders for five unbuilt Airbus jets relinquished by budget carrier Norwegian Air this week are now under the ownership of leasing company AerCap as part of a deal to finance deposits on the planes, industry sources said. Airbus on Monday issued monthly data showing that the number of A320neos on order from Norwegian had fallen to 58 from 63. The five planes were also included in a separate tally of nine cancellations posted in September, Airbus data showed.

  • Reuters

    AerCap picks up Airbus jet orders dropped by Norwegian -sources

    Orders for five unbuilt Airbus jets relinquished by budget carrier Norwegian Air this week are now under the ownership of leasing company AerCap as part of a deal to finance deposits on the planes, industry sources said. Airbus on Monday issued monthly data showing that the number of A320neos on order from Norwegian had fallen to 58 from 63. The five planes were also included in a separate tally of nine cancellations posted in September, Airbus data showed.

  • Benzinga

    EC Investigating Boeing-Embraer Joint Venture

    The European Commission (EC) has opened an in-depth investigation to assess the proposed joint venture involving U.S.-based aircraft manufacturer Boeing Co (NYSE: BA) and Brazil-based Embraer SA (NYSE: ERJ). The EC has a mandate to assess mergers and acquisitions involving companies with a turnover (revenue) above certain thresholds and to prevent concentrations that would significantly impede effective competition in the European Economic Area (EEA) or any substantial part of it. The EC is concerned that the transaction may reduce competition in the commercial aircraft sector.

  • Southwest Pilots Are Suing Boeing: Will Others Follow?
    Market Realist

    Southwest Pilots Are Suing Boeing: Will Others Follow?

    On October 8, Southwest Airlines Pilot Association, also known as SWAPA, announced that it was suing Boeing for loss of income and breach of trust.

  • Exclusive: Airbus defence unit sees cash challenge, adopts efficiency plan
    Reuters

    Exclusive: Airbus defence unit sees cash challenge, adopts efficiency plan

    Airbus Defence and Space has issued an internal warning of significant challenges in meeting cashflow and other targets for 2019 as it rolls out an internal efficiency plan called "Momentum", people familiar with the matter said. This year, the squeeze has gained extra urgency as Airbus remains locked in a dispute with Germany over a freeze on arms exports to Saudi Arabia, imposed after the killing of journalist Jamal Kashoggi by Saudi operatives just over a year ago. Airbus says the moratorium on defence export licences has disrupted an already long-delayed Saudi border systems contract.

  • Exclusive: Airbus defense unit sees cash challenge, adopts efficiency plan
    Reuters

    Exclusive: Airbus defense unit sees cash challenge, adopts efficiency plan

    Airbus Defence and Space has issued an internal warning of significant challenges in meeting cashflow and other targets for 2019 as it rolls out an internal efficiency plan called "Momentum", people familiar with the matter said. This year, the squeeze has gained extra urgency as Airbus remains locked in a dispute with Germany over a freeze on arms exports to Saudi Arabia, imposed after the killing of journalist Jamal Kashoggi by Saudi operatives just over a year ago. Airbus says the moratorium on defense export licenses has disrupted an already long-delayed Saudi border systems contract.

  • Boeing 737 Max Gets This Surprise Order Amid Another Setback
    Investor's Business Daily

    Boeing 737 Max Gets This Surprise Order Amid Another Setback

    The Boeing 737 Max booked an order for the first time in months, while disagreements between U.S. and European regulators could delay the plane further.

  • Reuters

    UPDATE 2-Airbus faces record Q4 delivery task to hit goal

    Airbus shares rose on Tuesday as investors bet a 13.5% rise in nine-month deliveries put it within reach of a full-year goal despite factory snags, while the cancellation of five jets from struggling Norwegian Air took the edge off 41 new orders. Monthly company data issued late on Monday left the European planemaker's deliveries and new orders well ahead of U.S. rival Boeing in a slow year for a commercial aerospace industry beset by negative headlines on safety and trade tensions.

  • Reuters

    Positive German data, Airbus shares drive tentative gains in European stocks

    European shares ticked higher in early trading on Tuesday, helped by gains in Airbus shares and data showing an unexpected rise in industrial output in Germany, while caution prevailed ahead of U.S.-China trade talks. The pan-European STOXX 600 index was up 0.1% by 0715 GMT, with most regional bourses trading higher. Airbus rose 2.2%, after the planemaker reported higher orders for the first nine months of the year, putting it well ahead of U.S. rival Boeing Co.

  • Financial Times

    Cox accused of blocking Saudi corruption probe

    Anti-corruption campaigners have accused the UK’s top law officer of invoking national security to block a long-running bribery probe into an Airbus subsidiary involved in a sensitive UK defence contract with Saudi Arabia. The letter claimed the UK’s anti-fraud watchdog asked the government for permission to prosecute the company more than 18 months ago.

  • Reuters

    UPDATE 1-Airbus sold 41 jets in September, targets record 4th-quarter deliveries

    Airbus sold 41 jets in September and processed cancellations for nine jets including five originally sold to Norwegian Air, leaving the European firm ahead of Boeing Co in a relatively slow year for an industry distracted by safety and trade headlines. The European planemaker said it had won a total of 303 orders in the first nine months of the year, or 127 net new orders after cancellations. Boeing registered sales of 145 aircraft up to end-August, the latest period for which data is available, or a net total of 55 after ordinary cancellations and a negative total of 85 after adjustments to historic orders deemed unlikely to materialise.

  • Reuters

    Arms firms fret over delays in Franco-German fighter project

    France's Dassault Aviation and Europe's Airbus have stepped up pressure on France and Germany to agree the next stage of a planned fighter project, warning Europe's arms industry and long-term security could suffer from delays. The two companies are the leading industrial partners in a project to build a futuristic swarm of manned and unmanned warplanes, announced by the leaders of France and Germany two years ago and expanded earlier this year to include Spain. Dassault and Airbus won a 65-million-euro contract in January to develop the concept for the Future Combat Air System (FCAS) but await a new contract to build demonstrators for interlinked fighters, drones and an “air combat cloud” by 2026.

  • Airbus faces record fourth-quarter delivery task to hit goal
    Reuters

    Airbus faces record fourth-quarter delivery task to hit goal

    Airbus shares rose on Tuesday as investors bet a 13.5% rise in nine-month deliveries put it within reach of a full-year goal despite factory snags, while the cancellation of five jets from struggling Norwegian Air took the edge off 41 new orders. Monthly company data issued late on Monday left the European planemaker's deliveries and new orders well ahead of U.S. rival Boeing in a slow year for a commercial aerospace industry beset by negative headlines on safety and trade tensions. Airbus is on track to outpace Boeing in annual deliveries for the first time since 2011, after its U.S. rival was forced to ground its fastest-selling plane, the 737 MAX, in March in the wake of two fatal accidents.

  • Why Did US Airline Stocks Fall Last Week?
    Market Realist

    Why Did US Airline Stocks Fall Last Week?

    Last week, the broader market sell-off battered US airline stocks. New tariffs on Airbus planes and dismal economic data impacted the long-term growth prospects.

  • Market Exclusive

    Market Morning: Fed Repo Men, Free Trades, Cheese Hoarding, PayPal Bails on Libra

    Repo Men At the Fed Extend Their Stay to November 4 The Federal Reserve is now extending its daily repurchase operations in the overnight loan markets until November 4. The previous end was called for October 4, but the banking system needs ever more liquidity. The so-called repo markets are overnight agreements to buy Treasuries […]The post Market Morning: Fed Repo Men, Free Trades, Cheese Hoarding, PayPal Bails on Libra appeared first on Market Exclusive.

  • Airbus Close To This Big Jet Order As Boeing-Embraer Tie-Up Delayed
    Investor's Business Daily

    Airbus Close To This Big Jet Order As Boeing-Embraer Tie-Up Delayed

    Airbus is near a deal with Ethiopian Airlines, which had the Boeing 737 Max crash in March. The Boeing-Embraer venture is being delayed.