EAD.PA - Airbus Group SE

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  • Reuters5 days ago

    Airbus names Safran executive as head of helicopter unit

    Airbus Group (AIR.PA) said on Wednesday it has appointed Bruno Even as head of its helicopter division, effective from April 1. Airbus Helicopters has suffered from a slowdown in orders in recent years due to a downturn in the oil and gas sector, one of its main customers, and expects deliveries in 2018 to be roughly on a par with last year. Airbus Group is due to report its 2017 results on Thursday.

  • Reuters5 days ago

    Airbus names Safran executive as head of helicopter unit

    Airbus Group (AIR.PA) said on Wednesday it has appointed Bruno Even as head of its helicopter division, effective from April 1. Airbus Helicopters has suffered from a slowdown in orders in recent years due to a downturn in the oil and gas sector, one of its main customers, and expects deliveries in 2018 to be roughly on a par with last year. Airbus Group is due to report its 2017 results on Thursday.

  • Airbus shakes up top management amid legal woes
    Associated Press2 months ago

    Airbus shakes up top management amid legal woes

    Airbus said Friday that its CEO, Tom Enders, will step down in 2019, as the European airplane maker shakes up management amid multiple corruption investigations. The company said Enders, who will have ...

  • SFO Stalls on Airbus Probe as U.K. Seeks Brexit Business
    Bloomberg3 months ago

    SFO Stalls on Airbus Probe as U.K. Seeks Brexit Business

    U.K. prosecutors have stalled on their plan to bring charges in a bribery probe of Airbus Group SE’s GPT unit in Saudi Arabia, according to people with knowledge of the case, as anti-corruption campaigners ...

  • Airbus sales chief says to stay on until successor is found
    Reuters4 months ago

    Airbus sales chief says to stay on until successor is found

    HAMBURG/PARIS (Reuters) - Airbus' (AIR.PA) long-serving sales chief John Leahy plans to stay on until a successor is found, with a decision expected within the next week or so, he told Reuters on Friday. Reuters reported on Thursday that Airbus had embarked on a fresh search for a sales chief and that Leahy's deputy, Kiran Rao, had confirmed he would not be running for the post after the company decided to look outside. "I will stay until we have a successor on board.

  • Reuters4 months ago

    Emirates aims to place A380 order at Dubai airshow

    Emirates [EMIRA.UL] hopes to order more Airbus A380 super jumbos at the Dubai airshow this month, the airline's chairman said on Friday. "I hope we will be able to do it," Sheikh Ahmed bin Saeed Al-Maktoum said at a ceremony to receive the airline's 100th A380, saying that negotiating teams were working on it. Emirates is the world's biggest customer of the A380, having ordered 142 of the planes and Sheikh Ahmed said he wanted to see the plane continuing.

  • Cathay Pacific agrees to buy 32 Airbus planes at list price of $4.06 billion
    Reuters6 months ago

    Cathay Pacific agrees to buy 32 Airbus planes at list price of $4.06 billion

    Cathay Pacific Airways said on Monday it has agreed to buy 32 new planes from Airbus Group (AIR.PA) at a list price of $4.06 billion, just a week after it posted its worst first-half loss in at least two decades as it continued to lose customers. The aircraft would be operated mainly by Cathay Dragon, the sister airline of Cathay Pacific, it said in a statement to the Hong Kong stock exchange. The aggregate consideration for the Airbus aircraft, as a result of negotiations between the two parties, will be lower than the list price, it added.

  • Reuters6 months ago

    Cathay Pacific agrees to buy 32 Airbus planes at list price of $4.06 bln

    Cathay Pacific Airways said on Monday it has agreed to buy 32 new planes from Airbus Group at a list price of $4.06 billion, just a week after it posted its worst first-half loss in at least two decades as it continued to lose customers. The aircraft would be operated mainly by Cathay Dragon, the sister airline of Cathay Pacific, it said in a statement to the Hong Kong stock exchange. The aggregate consideration for the Airbus aircraft, as a result of negotiations between the two parties, will be lower than the list price, it added.

  • Pratt & Whitney tells India will resolve engine issues by September: official
    Reuters7 months ago

    Pratt & Whitney tells India will resolve engine issues by September: official

    Pratt & Whitney has told the Indian government that it will by September resolve technical glitches that have affected its engines and hurt operations of two Indian airlines, an official at the country's aviation regulator said on Thursday. InterGlobe Aviation (INGL.NS), owner of India's IndiGo airlines, and GoAir airlines have been facing delays in receiving planes from Airbus (AIR.PA) due to ongoing problems with engines developed by Pratt & Whitney. The concern around grounding of planes affecting flight schedules of the airlines was raised on Thursday by India's aviation regulator in a meeting attended by executives from Pratt & Whitney, Airbus, Indigo and GoAir, an official at the Directorate General of Civil Aviation said.

  • Reuters7 months ago

    UK sidelined as Europe looks beyond Brexit in aerospace

    Britain risks losing clout in the aerospace industry, one of its largest skilled employers, due to concerns over its departure from the European Union, a corporate overhaul at Airbus and a new Franco-German push on defense, industry insiders say. Initiatives from a new continental combat jet to a decision by Airbus (AIR.PA) to downgrade its UK representation, as well as the redeployment of some research projects, have left the $90-billion UK sector feeling increasingly sidelined.

  • Airbus Stake in Mali Mine, After Zigzag, Draws Swiss Scrutiny
    Bloomberg7 months ago

    Airbus Stake in Mali Mine, After Zigzag, Draws Swiss Scrutiny

    The French giant lost its investment but sealed helicopter deal.

  • Airbus signs deal to sell 140 planes worth $23 billion to China
    Reuters8 months ago

    Airbus signs deal to sell 140 planes worth $23 billion to China

    Airbus (AIR.PA) has signed an agreement to sell 140 aircraft to China, it said on Wednesday, in a deal worth almost $23 billion at list prices. The agreement, signed during a visit by Chinese President Xi Jinping to Germany, is for 100 A320 family aircraft and 40 A350 planes, Airbus said. "It's one of the biggest deals that we've signed in a long time," Airbus Group Chief Executive Tom Enders told journalists after signing the deal in Berlin.

  • Exclusive: Airbus CEO Enders to take control of plane sales in new shake-up
    Reuters8 months ago

    Exclusive: Airbus CEO Enders to take control of plane sales in new shake-up

    Airbus is launching a reorganization of its commercial aircraft sales operations in a move likely to focus fresh attention on a delicate balance of power at Europe's largest aerospace company, people familiar with the situation said. From July, the globe-trotting sales team, best known for contesting leadership of the jetliner market with Boeing, will report directly to Airbus Chief Executive Tom Enders, bypassing commercial aircraft president Fabrice Bregier, the people said. A spokesman for Airbus declined to comment.

  • Reuters8 months ago

    AIRSHOW-Germany aims to finish missile defence deal with MBDA, Lockheed by year end -ministry

    The German government hopes to complete negotiations with European weapons maker MBDA and its U.S. partner, Lockheed Martin Corp about a multi-billion euro missile defence system by year-end, a ministry ...

  • Reuters8 months ago

    SriLankan Airlines says Airbus agreed to change A350 order

    Airbus is willing to change the terms of an order for four A350-900s from SriLankan Airlines to different planes, the struggling state-run carrier said on Friday. The debt-laden national airline has already canceled four of the eight A350 aircraft it ordered from Airbus Group SE while it searches for a new international partner to revive its fortunes. "Airbus is willing to change the terms of the contract for a different set of (aircraft)," Suren Ratwatte, the CEO of SriLankan Airlines told Reuters.

  • Reuters10 months ago

    Delta Air tops profit estimate; says may cut wide-body jet orders

    Delta Air Lines Inc reported a better-than-expected quarterly profit on Wednesday and said it may consider reducing its orders for wide-body aircraft as the industry struggles with excess capacity. The No. 2 U.S. airline by passenger traffic had $17.64 billion worth of pending orders for wide-body aircraft with France's Airbus Group SE at current list prices, according to the planemaker's order book. "We continue to see excess capacity in wide-bodies as we look to the future for the industry as a whole," Delta Chief Executive Edward Bastian said on a conference call with analysts.

  • Airbus CEO considers new term, says not retiring soon
    Reuters10 months ago

    Airbus CEO considers new term, says not retiring soon

    Airbus (AIR.PA) Chief Executive Tom Enders is in the early stages of considering whether to seek another term as head of Europe's largest aerospace company when his mandate expires in 2019, and says he is not currently thinking about retirement. Enders was speaking after shareholders approved a change in the name of the company's Dutch-registered top entity to Airbus SE from Airbus Group SE, completing an overhaul which saw the group merge with its main jetmaking division earlier this year. The recent shake-up saw Frenchman Fabrice Bregier, who runs the planemaking business, add the new role of chief operating officer of the unified company, with an official No. 2 role.

  • Virgin’s Purple Lights and Mood Music Win Alaska’s Love
    Bloomberg10 months ago

    Virgin’s Purple Lights and Mood Music Win Alaska’s Love

    As the two carriers become one, Alaska Air plans to infuse cabins, clubs, and check-in with Virgin America’s sexy appeal.

  • Reuters10 months ago

    US South, not just Mexico, stands in way of Rust Belt jobs revival

    (Repeats for wider distribution) By Howard Schneider MOBILE, Ala., April 7 (Reuters) - In the years since the 2008 financial crisis, this southern U.S. port city has attracted a new Airbus factory, seen its steel industry retool, and gained thousands of jobs building the Navy's new combat vessel. As President Trump faces pressure to deliver on his promise to revive manufacturing in the northern "rust belt" states that put him in the White House, his biggest challenge may not be Mexico or China, but the southern U.S. states that form the other pillar of his political base. States like Alabama have built a presence in the global supply chain in direct competition with the country's Midwestern industrial heartland, and even if Trump coaxes jobs back to the United States they may well head south rather than north.

  • Bloomberg11 months ago

    Boeing Strengthens Ties to Seat-Maker EnCore

    Boeing Co. will extend its collaboration with aircraft-seat maker EnCore, helping to develop an alternative supplier of cabin fittings after bigger players including Zodiac Aerospace suffered a series ...

  • Boeing Wins $3 Billion Iran Sale in Potential Test for Trump
    Bloomberg11 months ago

    Boeing Wins $3 Billion Iran Sale in Potential Test for Trump

    Boeing Co. landed its second jetliner sale to an Iranian airline since the 1970s, a $3 billion deal that sets up a test of the planemaker’s ties with President Donald Trump.

  • Airbus Carves Out Space on A380 Flagship to Fit 80 More Seats
    Bloomberg11 months ago

    Airbus Carves Out Space on A380 Flagship to Fit 80 More Seats

    Airbus Group SE is making a fresh sales pitch for its A380 superjumbo with half a dozen proposals to accommodate more than 80 additional seats, seeking to enhance the flagship jet’s economic credentials ...