|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||114.88 - 117.30|
|52 Week Range||77.50 - 119.44|
|Beta (3Y Monthly)||1.43|
|PE Ratio (TTM)||29.68|
|Earnings Date||Apr 30, 2019|
|Forward Dividend & Yield||1.65 (1.39%)|
|1y Target Est||120.82|
U.S. stocks rose and Treasury yields reversed course Tuesday afternoon, edging down slightly after a curve inversion on Friday spooked investors.
Deutsche Lufthansa AG plans to buy a triple-digit number of either Boeing 737 MAX or Airbus A320neo jetliners to expand its fleet, Chief Executive Carsten Spohr said on Tuesday. "We have not lost our trust in Boeing" following two fatal 737 MAX crashes and the grounding earlier this month of the worldwide fleet of that aircraft, Spohr said in a meeting with reporters. "They've built wonderful aircraft over the decades, and I am sure they will fix the current issue," Spohr said of Boeing.
WASHINGTON/ADDIS ABABA (Reuters) - The Federal Aviation Administration (FAA) will significantly change its oversight approach to air safety by July, a U.S. transport department official said on Tuesday, following two fatal Boeing MAX 737 plane crashes. U.S. Transportation Department Inspector General Calvin Scovel disclosed the plan in written testimony ahead of a U.S. Senate panel hearing on Wednesday. The aviation industry has been thrown into flux by the two disasters - a Lion Air crash in Indonesia last October that killed 189 and an Ethiopian Airlines one this month that killed 157 - both involving Boeing's 737 MAX single-aisle plane.
inked a $34 billion order with Beijing that matches a similar-sized deal made with the world's biggest planemaker during a 2017 visit to China by President Donald Trump. The Civil Aviation Administration of China said Tuesday it had stopped taking new applications for 737 MAX 8 airworthiness as of March 21, confirming an earlier media report that came as Airbus agreed to sell China Aviation Supplies Holding Company 300 new planes worth around €30 billion ($34 billion) at list prices.
Airbus shares rose on Tuesday after the European planemaker won a deal worth tens of billions of dollars to sell 300 aircraft to China. Airbus was up 2.7 percent by 1208 GMT, with the stock having risen nearly 40 percent so far in 2019. The Chinese order was announced late on Monday, coinciding with a visit to Europe by Chinese President Xi Jinping and matching a China record held by U.S. rival Boeing.
Airbus SE secured a $35 billion jet deal from China during a state visit by President Xi Jinping to the French capital, dealing a blow to Boeing Co. as it grapples with the grounding of its best-selling jet. The mammoth order consists of 290 A320-series narrow-body planes and 10 A350 wide-bodies, Toulouse-based Airbus said after the transaction was announced in Paris on Monday. The deal’s value is almost double that touted by French President Emmanuel Macron in January 2018 during a trip to Beijing.
Airbus signed a deal worth tens of billions of dollars on Monday to sell 300 aircraft to China, coinciding with a visit to Europe by Chinese President Xi Jinping and matching a China record held by U.S. rival Boeing. The deal between Airbus and China's state buying agency, China Aviation Supplies Holding Company, which regularly coordinates headline-grabbing deals during diplomatic visits, will include 290 A320-family jets and 10 A350 wide-body jets. The larger-than-expected order, which matches an order for 300 Boeing planes when U.S. Donald Trump visited Beijing in 2017, follows a year-long vacuum of purchases in which China failed to place significant orders amid global trade tensions.
Germany's unpredictable arms export policies and long wait times for export licenses threaten the future of big Franco-German projects to develop new tanks, combat jets and drones, France's ambassador to Germany said in an essay published on Monday. Anne-Marie Descotes said growing numbers of companies were developing "German-free" weapons with no German content to smooth the export process, a dangerous omen for Franco-German projects valued in the billions of euros.
Airbus clinched a $35 billion deal with China, creating a stark contrast with rival Boeing, which is grappling with the fallout from recent 737 Max crashes.
France signed 15 business contracts with China worth billions of euros on Monday, including a 300-plane order with Airbus and a 1 billion euro contract for EDF to build an offshore wind farm in China, the French presidency said. The order from China for Airbus planes was the most lucrative of the deals unveiled in Paris, with a French presidency official saying it was worth about 30 billion euros ($33.94 billion). France's Fives and China National Building Materials Group signed a 1 billion euro deal to cooperate on energy savings in developing countries.
France and China signed deals worth billions of euros on Monday, including a huge Airbus plane order, during a visit by Chinese President Xi Jinping, despite Paris pushing back against Beijing's "Belt and Road" infrastructure initiative. President Emmanuel Macron wants to forge a united European front to confront Chinese advances in trade and technology. Xi's visit also provided a stage for protesters seeking more European action over the alleged mistreatment of minorities in China.
The value of a 300 plane order from China for Airbus planes is worth about 30 billion euros , a French presidency official said. "We are close to 30 billion euros on the Airbus deal alone," the ...