|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||111.09 - 117.25|
|52 Week Range||50.86 - 128.00|
|Beta (5Y Monthly)||1.78|
|PE Ratio (TTM)||26.71|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Apr 20, 2020|
|1y Target Est||N/A|
The European aerospace giant is getting serious about shrinking the industry's carbon footprint.
Airbus is working on hybrid-electric propulsion among the options for reducing jetliner emissions, the European planemaker said on Friday. It disclosed the initiative in a document projecting more than a million tonnes of equivalent CO2 emissions over the life of each current-generation jet, as it became the first planemaker to report so-called "Scope 3" emissions. Until now, Airbus has mainly publicised hydrogen as the preferred energy source for future airplanes, pledging to introduce the first hydrogen-powered commercial plane in 2035.
European planemaker Airbus on Friday joined a growing list of companies outlining the environmental impact of their products, as aviation aims to reshape itself after the coronavirus crisis. Major companies are under increasing pressure from investors and climate change activists to report the emissions that result when customers use their products, known as "Scope 3". Airbus says it is the first planemaker to do so.