EADSY - Airbus SE

Other OTC - Other OTC Delayed Price. Currency in USD
17.87
+1.20 (+7.20%)
At close: 3:59PM EDT
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    2W - 6W
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Previous Close16.67
Open17.54
Bid0.00 x 0
Ask0.00 x 0
Day's Range17.42 - 17.91
52 Week Range12.80 - 38.45
Volume1,183,675
Avg. Volume1,181,418
Market Cap55.53B
Beta (5Y Monthly)1.61
PE Ratio (TTM)16.32
EPS (TTM)1.10
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateApr 16, 2020
1y Target EstN/A
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  • Barrons.com

    Boeing and Airbus Will Benefit First From an Aerospace Recovery

    The enormous glut of parked aircraft will actually benefit the two original-equipment makers more than aerospace suppliers, according to Credit Suisse.

  • Don't resist order deferrals, Qatar Airways tells jetmakers
    Reuters

    Don't resist order deferrals, Qatar Airways tells jetmakers

    Qatar Airways Chief Executive Akbar al-Baker on Tuesday warned Airbus and Boeing against resisting the airline's requests to defer aircraft deliveries, in a battle over who should bear the strain of the coronavirus crisis. The state airline, whose CEO has more usually been known for criticising delays at planemakers, is now in talks like many rivals to push back deliveries due to the impact of the crisis. "We are negotiating with both Boeing and Airbus to fulfil our requirement to defer and we hope that both the manufacturers will oblige," he told Reuters by phone.

  • Aircraft makers go digital to fight coronavirus delivery logjam
    Reuters

    Aircraft makers go digital to fight coronavirus delivery logjam

    Helicopter and jet makers are turning to digital technology so customers can inspect their big-ticket purchases remotely before taking delivery, as they strive to push through deals paralyzed by the coronavirus pandemic and bring in much needed cash. With outside quality inspectors unable to travel to factories to examine aircraft because of lockdowns, manufacturers hope the remote systems will ease the logjam in deliveries after they slowed to a trickle in April. Aircraft makers make at least half their revenue and generate significant cash at delivery.

  • Emirates to decide on fleet size in the next few months
    Reuters

    Emirates to decide on fleet size in the next few months

    Emirates will decide over the next few months on the size of its future fleet, the Dubai-based airline's president said on Tuesday. It is not clear when Emirates, which flew to 157 destinations in 83 countries before the coronavirus pandemic, will start rebuilding its network after grounding passenger flights in March. The airline is looking at its 115 Airbus <AIR.PA> A380s, the world's largest fleet of the superjumbos, and the final eight pending deliveries of the double decker plane, Clark said without elaborating.

  • We All Might Be Flying in Planes Again Soon
    Bloomberg

    We All Might Be Flying in Planes Again Soon

    (Bloomberg Opinion) -- Covid-19 became a pandemic because airplane passengers carried the new coronavirus with them around the world. As that became clear, airlines grounded nearly all of their fleets, governments issued travel restrictions and mandatory quarantines, and tourist attractions and conferences closed down. With no reason to fly, a quick recovery for air travel seemed unlikely. Warren Buffett dumped his airline stocks, claiming that the “world has changed.”Passengers also wouldn’t feel safe packed inside a metal tube for hours, would they?Happily for the industry, if not for the climate, the seemingly insurmountable barriers to air travel have begun to look less daunting. “We believe the worst is behind us, and we’re on the uptick,” American Airlines Group Inc.’s boss, Doug Parker, said after a surge in travel over the U.S. Memorial Day holiday weekend.Investors have taken notice. The Bloomberg Americas Airlines stocks index has rebounded by almost one-third from the mid-May low, and European carriers have made similar gains. Shares in German tour operator Tui AG have risen too.Such optimism feels jarring when airlines, American Airlines included, are poised to cut thousands of jobs. Most are still burning huge amounts of cash. Deutsche Lufthansa AG needs a 9 billion-euro ($10 billion) bailout, and Latam Airlines Group SA joined Latin American peer Avianca Holdings SA in filing for bankruptcy last week.But Parker is probably right to expect a continued recovery, at least on domestic and short-haul routes. This won’t be enough to put debt-laden airlines on a secure footing, and a full demand recovery probably won’t happen for a couple more years. But, right now, a desperate industry will take any good news it can get. The rigorous hygiene measures airlines have announced should go a long way toward restoring passenger confidence.  European budget carrier Ryanair Holdings Plc expects to operate at 40% of normal capacity from July, and the way bookings are shaping up suggests those planes will probably be at least half full. EasyJet Plc sees “encouraging” trends and notes that winter bookings are higher than usual for this time of year, although part of that may be because people have refund vouchers to use and are rebooking cancelled trips.  Ryanair’s extensive summer flight schedule had seemed premature a couple of weeks ago, but the travel restrictions that kept Europeans from moving around the continent are being relaxed. Starting in July, Spain is set to drop its requirement for international arrivals to quarantine for 14 days. Britain imposed a similar rule but is under immense pressure to abandon it. Travel between Europe and the U.S. will take longer to open up, but even on this there are encouraging signs of political will to get people flying again.   A month ago, United Airlines Holdings Inc.’s chief executive officer, Scott Kirby, lamented that there wouldn’t be a recovery in flying until attractions like Disney World and the Paris museums were open again.Well, they will be soon. It’s already possible to visit the Acropolis in Athens and St Peter’s Basilica in Rome. Paris’s parks and museums are set to reopen from June. The French capital is usually swamped with tourists at this time of year, so there’s an incentive for travelers to get there first. Walt Disney World expects to reopen its Florida park from July, albeit with compulsory face masks and a ban on hugging your favorite Disney character.I’ve written before about how things like wearing masks and having to ask permission to use the toilet will make flying even less enjoyable. But these measures may make passengers feel safer. For example, while the gowns and other personal protective equipment issued to Emirates’ cabin crew are a little intimidating, they’re likely to put some nervous flyers at ease.As with SARS almost two decades ago, there are understandable concerns about catching coronavirus within the aircraft cabin, most likely from someone seated close by. The evidence isn’t comprehensive or conclusive, but so far there are surprisingly few documented cases of this happening with Covid-19. Airline industry body IATA says it knows of only one case where a person transmitted the virus to more than one person on board. Not surprisingly, plane manufacturers Airbus SE and Boeing Co. are studying the subject intensively. There are other plausible reasons why flying might be safer than you’d think: The air is filtered and frequently replenished from outside, seats act as somewhat of a barrier and passengers don’t move around the cabin much. Singing, yelling and talking loudly — contributors to so-called super-spreader infection events — are a big faux pas when you fly. Many passengers would still prefer the middle seat to be empty, but as I’ve written before, unless ticket prices rise, that would severely hamper airlines’ ability to break even.Of course, the longer someone’s on board, the greater the chance they’re exposed to infection. Hence people may feel comfortable flying domestic and short-haul before they’re willing to fly halfway around the globe.Companies will probably take longer to get comfortable with the risk (and potential liability) of their employees flying for business. About half the corporate clients American Airlines surveyed still have a travel ban, although that’s down from two-thirds at the peak of the crisis. Millions of potential passengers have also lost their jobs and won’t feel able to splash out on holidays.And then there are the psychological scars from the prolonged lockdown. Being outside now feels a lot safer than being in any kind of confined space. A staycation in a local Airbnb might feel preferable to getting on a plane.For those willing to take the risk, and who can find adequate travel insurance, a rare opportunity awaits. Want to see Venice without the crowds? Now’s your chance.This column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Chris Bryant is a Bloomberg Opinion columnist covering industrial companies. He previously worked for the Financial Times.For more articles like this, please visit us at bloomberg.com/opinionSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • Why Shares of Embraer Are Up Today
    Motley Fool

    Why Shares of Embraer Are Up Today

    What happened Shares of Embraer (NYSE: ERJ) spiked 17% on Friday following a report that a Chinese manufacturer has expressed interest in joining forces with the world's third-largest commercial airplane manufacturer.

  • Exclusive: Brazil's Embraer draws foreign interest after Boeing rift - sources
    Reuters

    Exclusive: Brazil's Embraer draws foreign interest after Boeing rift - sources

    Aircraft makers are circling Brazil's Embraer weeks after Boeing ditched plans for a historic commercial aviation tie-up, people familiar with the matter said. Boeing axed plans to buy 80% of Embraer's commercial unit in April, ending a planned move into regional jets that mirrored rival Airbus' purchase in 2018 of a competing model developed by Canada's Bombardier. China's state-owned COMAC planemaker has voiced informal interest in co-operation with the world's third-largest jetmaker, two of the people said.

  • Boeing Restarts 737 Max Production As Massive Job Cuts Detailed
    Investor's Business Daily

    Boeing Restarts 737 Max Production As Massive Job Cuts Detailed

    Boeing has resumed production of the troubled 737 Max jet, though regulators haven't cleared it to re-enter passenger service.

  • Voice recorder recovered from Pakistan air disaster
    Reuters Videos

    Voice recorder recovered from Pakistan air disaster

    A Pakistan International Airlines spokesman said on Thursday (May 28) that search teams had recovered the cockpit voice recorder from the fated jet which crashed last week, killing 97 people. The Airbus A320 came down in a crowded residential district of Karachi. Only two people survived. The flight data recorder had previously been found. Pakistani officials and Airbus investigators are collecting evidence at the site as they try to determine the cause of the country's worst airline disaster in years. Under international aviation rules, French investigators from the French air safety investigation authority for civil aviation - have joined the probe as the jet was designed in France. The BEA said in a statement the two recorders would be examined at its laboratory just outside Paris.

  • Boeing set to start voluntary layoffs: Report
    Yahoo Finance Video

    Boeing set to start voluntary layoffs: Report

    Boeing is reportedly expected to announce 2,500 voluntary layoffs this week as a result of the coronavirus impact on the airline industry. Yahoo Finance's Heidi Chung breaks down the details.

  • Financial Times

    EasyJet CFO announces departure days after surviving bid to oust him

    EasyJet’s chief financial officer has announced plans to leave the low-cost airline next year, just days after he survived an attempt to oust him by its founder and biggest shareholder Stelios Haji-Ioannou. The budget carrier on Tuesday said Andrew Findlay, who joined easyJet in 2015 from Halfords, will leave in May 2021 after working out his 12-month notice period. It comes just days after Mr Findlay was one of four easyJet directors, including chief executive Johan Lundgren, to win backing from investors after an attempt by Sir Stelios to have them dismissed as part of his fight to get a multibillion Airbus aircraft order scrapped.

  • Air France-KLM bids adieu to A380 jumbo jet
    Benzinga

    Air France-KLM bids adieu to A380 jumbo jet

    Air France-KLM Group (FP: AF) said it has permanently eliminated double-deck Airbus A380 aircraft from its fleet, joining other airlines that also are rationalizing fleets to contain costs amid a dramatic downturn in business caused by the coronavirus pandemic.The current economic hardship accelerated Air France-KLM's previous plan to retire its nine A380s by the end of 2022 — part of a five-year restructuring plan announced last November to improve profitability. The fleet renewal effort at the time was motivated by a desire to switch to more fuel-efficient aircraft, such as Airbus A350s and Boeing 787s, that produce fewer carbon emissions.The group owns or is financing five of the massive planes, with four more under operating leases from outsourced air carriers. The company said Wednesday it will take a 500 million euro ($548 million) impairment loss for the reduced value of the aircraft in the second quarter.Delta Air Lines (NYSE: DAL) owns 10% of Air France-KLM.The A380 was already headed to the dustbin after Airbus last year said it would stop producing the planes after 2021. The plane never fulfilled expectations as a people mover and wasn't ideal for cargo operations.Other airlines, including Delta, Lufthansa, and American(NASDAQ: AAL), are also accelerating retirement plans for older aircraft because of their high operating costs and limited revenue potential in a depressed market. Beyond having too many airplanes that can't be adequately filled with paying customers in the next few years, airlines say they won't need as many workers. This week, Austrian Airlines and labor unions reached agreements on how to share the pain in order to avoid layoffs.Austrian, which has pulled all flights through the end of May, said employees have agreed to work shortened schedules and not take wage increases or inflation adjustments until 2022 in recognition that air travel demand will be slow to recover.Austrian Airlines, part of the Lufthansa Group, employs 7,000 people.Also, worker representatives agreed to reduce ground-staff salaries from March 20, 2022, until the end of 2023. The pay cuts range between 2% and 15%, depending on wage scales. Cockpit and cabin crews will forego between 5.9% and 12.7% of their salaries between 2022 and 2024 as well as pension fund contributions. Taken together, the labor changes are expected to save 80 million euros per year through 2024, or 20% of personnel costs.The Austrian Airlines situation underscores the difference between European and U.S. companies in how to deal with workforces during an economic shock. European governments have programs to subsidize the wages of dislocated workers so employers can keep them on the payrolls. In the U.S., employees are often laid off and have to look for new work. A significant chunk of the U.S. emergency funding is designed to help workers who have already lost their jobs.U.S. airlines are holding the line on involuntary furloughs at the moment thanks to tens of thousands of employees taking voluntary unpaid leave and billions in federal bailout money designed to pay workers through the end of September. Airlines claim the funds aren't enough to cover everyone at their normal schedule because they are operating with skeleton crews, so wages are paid on reduced hours. And executives have signaled that permanent layoffs are coming in the fall unless many workers take early retirement deals.On Thursday, several senators asked Delta and JetBlue to stop scaling back employees' hours, saying it violates the intent of the government's payroll assistance. United Airlines has reversed its decision to cut back hours for all employees and is allowing them to volunteer for reduced hours."These airlines are claiming that salaried employees are more protected under the CARES Act than hourly workers," said Angelo Cucuzza, special assistant to the president at the Transport Workers Union of America, in a statement. "The intent of Congress is clear: Airlines that take federal subsidies must use that money to keep their workers whole — whether they're turning a wrench, working an airport ticket counter or sitting at a desk. We're trying to save the economy and you can't do that when you're pushing workers into unemployment offices."In related news, Air Canada on Friday announced an abridged summer schedule with 97 destinations compared to 220 last year as travel restrictions loosen and it slowly rebuilds its network.See more from Benzinga * Freight markets remain stable – On The Spot (with video) * FreightWaves Flashback 1982: Customs agents go after containerized contraband * STB asks Class I railroads to report on chemicals and plastics data(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

  • EasyJet founder loses bid to oust CEO and chairman over £4.5 billion Airbus order it ‘simply cannot afford’
    MarketWatch

    EasyJet founder loses bid to oust CEO and chairman over £4.5 billion Airbus order it ‘simply cannot afford’

    EasyJet founder Sir Stelios Haji-Ioannou has failed in his bid to oust the airline’s CEO and chairman over the carrier’s decision not to cancel a £4.5 billion order with Airbus.

  • MarketWatch

    Mayor: Pakistan plane crash kills all 107 people onboard

    A passenger plane belonging to state-run Pakistan International Airlines crashed near the southern port city of Karachi on Friday, killing all 107 passengers and crew, the city’s mayor said.

  • Bloomberg

    EasyJet’s Future Hangs on Founder’s Bid to Dismiss Leadership

    (Bloomberg) -- EasyJet Plc’s future will be decided in a single vote on Friday, with billions of dollars of aircraft orders at stake.Top shareholder Stelios Haji-Ioannou has called for the ouster of the U.K. airline’s leadership in the middle of the coronavirus crisis. EasyJet’s founder and former chairman has spent more than 15 years opposing the plans of successive managers on the grounds that they’ve been too investment-intensive and offered insufficient returns.Haji-Ioannou’s latest campaign comes to a head at an extraordinary general meeting when investors vote on his motion to remove four directors, including Chief Executive Officer Johan Lundgren, Chairman John Barton and Chief Financial Officer Andrew Findlay.The clash centers on an order for more than 100 Airbus SE A320neo jets that make up the bulk of 4.6 billion pounds ($5.6 billion) in capital spending planned through fiscal 2023. Haji-Ioannou says the purchase will drain cash as the air-transport industry faces years of subdued demand in the aftermath of the coronavirus crisis. EasyJet says it’s revised the order and that the debate creates an unnecessary distraction at a tough time.“It’s a really important moment for the airline,” said Luke Hickmore, a fund manager with Aberdeen Standard Investments who manages around $3 billion for his firm. “He wins and the board becomes his to control and leads to a slashing of aircraft orders. At the moment that’s no bad thing, but how do you grow back any time soon?”EasyJet traded 1.4% lower as of 8:08 a.m. in London, taking the stock’s decline this year to 60%. The EGM is scheduled to start at 10 a.m. in the U.K. capital.CEO Lundgren has deferred the delivery of 24 planes to an undetermined date. He says EasyJet must be ready to renew its fleet when traffic finally rebounds and that the terms of the Airbus deal are uniquely flexible.The airline says it’s reduced its near-term capital expenditures by more than 1 billion pounds, though it has yet to announce job cuts of a level announced by peers. British Airways planning to cut 12,000 posts and Ryanair Holdings Plc and Virgin Atlantic Airlines Ltd. 3,000 apiece.Haji-Ioannou, 53, wants EasyJet’s existing fleet cut to 250 aircraft from 318. He has generally failed to attract broad shareholder support in previous battles with management, which have included clashes over pay and the Easy name.Attritional AttacksYet the attritional nature of his attacks has borne fruit. Barton’s predecessor as chairman, Mike Rake, announced his departure in 2013 less than six months after surviving a dismissal vote. EasyJet also pays out a higher-than-average 95% of its free cash flow, according to Citigroup analyst Mark Manduca.What’s different this time around is that rather than riding the crest of a decades-long surge in air travel, Haji-Ioannou’s call for a clampdown on spending comes with the industry mired in the deepest crisis in its history -- something that could turn more shareholders to his way of thinking. A decline of two-thirds in EasyJet’s share price will also focus minds, Manduca said.A defeat for Lundgren, a Swede who took over in December 2017 and is the same age as Haji-Ioannou, would still come as a surprise.The founder and his family collectively own about 34% of EasyJet, whereas the Luton, England-based company reckons it could have the backing of shareholders controlling 45% of votes, the Sunday Telegraph reported, citing an interview with Lundgren.A spokesman for Haji-Ioannou said they believe the vote will be very close and that many small shareholders have pledged support for their position. The vote is not a distraction but “a reaffirmation of shareholder democracy” that puts the interest of those risking their capital above “here today gone tomorrow” management, the spokesman said.Invesco, Ninety One U.K. and Phoenix Asset Management, the three biggest investors after the founder with a holding totaling of about 15%, have publicly pledged their support to management.Shareholder advisory firms Institutional Shareholder Services, Glass Lewis and Pensions & Investment Research Consultants have also recommended that people vote against Haji-Ioannou’s resolutions.‘Scoundrels’ JibeIn the last few weeks, the Greek-Cypriot entrepreneur has stepped up his campaign by questioning the nature of EasyJet’s relationship with Airbus in light of the manufacturer’s settlement earlier this year of a corruption case concerning aircraft sales. Haji-Ioannou has referred to the board and management as “scoundrels.”He’s also condemned other investors for failing to call EasyJet to account, said Britain’s Financial Conduct Authority should face a judicial review over a lack of action, and offered a 5 million-pound reward for evidence of wrongdoing that leads to the cancellation of the Airbus order.At the shareholder meeting, Haji-Ioannou plans to present questions including whether Airbus controls any EasyJet shares and if the carrier meets standards of a “going concern,” according to a statement from his EasyGroup business.Should he win the vote, EasyJet will be plunged into turmoil at the toughest moment in its 25-year history as European airlines haemorrhage an estimated $89 billion in revenue this year due to the pandemic, with the entrepreneur planning to call on Chief Operating Officer Peter Bellew to scrap the plane deal before the appointment of a new chief.EasyJet, which this week revealed that email addresses and travel data of 9 million customers were taken in a cyber attack, has said it plans to resume flights from 22 European airports on June 15, becoming one of the first airlines in the region to begin building up services as the coronavirus lockdown eases.Even if the motions fail, it’s hard to see Haji-Ioannou giving management much respite given heightened concerns about costs and cash flow in the post-virus era.“It will be helpful if it’s nice and clear cut,” said Andrew Lobbenberg, an analyst at HSBC. “He’s clearly on a mission here.”(Updates with shares in sixth paragraph, jobs situation, questions to be asked at EGM and cyber attack from eighth)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • Abu Dhabi's Etihad considers future without A380, A350 jets - sources
    Reuters

    Abu Dhabi's Etihad considers future without A380, A350 jets - sources

    Abu Dhabi's Etihad Airways is planning to lay off 1,200 employees as it considers permanently grounding its Airbus A380s and never operating the A350s it has ordered, company and industry sources said. The state-owned carrier is reviewing its fleet strategy after the coronavirus pandemic hit travel demand, which Etihad's management expects will take years to recover, two sources said. Etihad may retire its 10 A380s early with them potentially never returning to service after the virus outbreak grounded the airline's passenger flights in March, the sources said.

  • Air France axes A380, Emirates seen cutting deliveries
    Reuters

    Air France axes A380, Emirates seen cutting deliveries

    The world's largest airliner, the Airbus <AIR.PA> A380, took a step closer to the aviation archives on Wednesday as Air France said it would permanently axe its grounded fleet and sources said Emirates was in talks to reduce remaining deliveries. The superjumbo is close to the end of its production run after demand switched to smaller jets, and airlines including Air France <AIRF.PA> have been idling the double-decker temporarily because of the coronavirus crisis. Air France announced a fresh 500 million euro ($548.50 million) writedown as it permanently retires its nine jets, just over a decade after becoming the first European airline to operate them.

  • Bloomberg

    Virus Sidelines A380 Superjet, the Biggest Plane in the Skies

    (Bloomberg) -- Airbus SE’s A380 superjumbo is proving to be too big to survive in many airline fleets after the coronavirus.The pandemic has already grounded planes and brought air-travel almost to a standstill. Now airlines are making strategic decisions which could hasten the demise of the world’s largest commercial jetliner.Air France-KLM said Wednesday it will book a 500 million-euro ($550 million) writedown from the early phasing-out of its A380 fleet, while Emirates, the world’s largest operator of the type, is said to be considering retiring as many as 65 of the double-decker aircraft.“What we’re seeing is the death of the quad,” said Agency Partners analyst Sash Tusa, referring to the plane’s four engines. “It’s hard to see which routes are going to need 500 seats in the coming two to three years.”The mammoth jet is a tough bet for airlines which are braced for demand not to return to prior levels until 2023 or later. Airbus had already opted to discontinue the A380 program as carriers looked to simplify fleets and upgrade fuel efficiency but now airlines around the world are opting to retire it early.Air France will switch to newer Airbus 350s and Boeing Co. 787s, it said in a statement on Wednesday. It plans to record the expense in the second quarter. The airline said a move to make its fleet more competitive also prompted the phase-out, originally scheduled for the end of 2022. Five of the A380s in the fleet are owned by Air France or on finance lease, with a further four on an operating lease.The early retirement comes a decade after Air France first started operations with the plane, and marks a symbolic blow because the giant model is assembled in France. Components like wings and fuselage sections are flown in or brought by barge and then wind their way down to Toulouse, where they are pieced together.Airbus is due to end production of the A380 in 2021, with 8 more aircraft to be delivered to Emirates and 1 to Japan’s ANA. Emirates is now seeking to cancel 5 of those deliveries, according to people familiar with the matter, with Airbus pushing back because the planes are already in assembly.Emirates has a fleet of 115 A380s and had planned to operate them through the end of the decade. Air France, on the other hand, had announced in July 2019 that it would replace its fleet of A380s with more efficient twin-engine models.Airbus declined to comment.(Updates with additional context, analyst comment from second paragraph)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • Barrons.com

    Rolls-Royce to Axe a Fifth of Its Workforce as Boeing and Airbus Scale Back Orders

    The restructuring will see the U.K.-based maker of turbines and engines for passenger jets and military aircraft lose at least 9,000 workers from 52,000.

  • Financial Times

    Rolls-Royce takes radical course as clouds close in on aviation

    When a senior Rolls-Royce executive let slip to colleagues late last month that the aero-engine maker was considering up to 8,000 job cuts in response to the global aviation crisis, there was shock but equally a sense of fatalism among many workers. The brunt of the cuts will be felt in the UK civil aerospace business, which accounts for 16,000 employees.

  • As flying returns, jetmakers seek to quell fears over cabin air
    Reuters

    As flying returns, jetmakers seek to quell fears over cabin air

    Boeing <BA.N> has appointed former engineering and development chief Mike Delaney to head wider efforts to build confidence, and Airbus <AIR.PA> leaders say the industry is moving from an initial crisis phase to securing public trust. Health officials are still quantifying various sources of transmission for COVID-19 disease caused by the virus, but attention focuses on the risk of catching it from airborne droplets from coughing or sneezing passengers as well as from touching infected surfaces. "It's about explaining what we do for the safety of passengers in the large sense: aircraft safety but also sanitary safety," Airbus engineering head Jean-Brice Dumont said.

  • Simple Market Timing Strategies That Work - May 15, 2020
    Zacks

    Simple Market Timing Strategies That Work - May 15, 2020

    Have you ever dreamed of being that one in a million investor who has the talent to perfectly time the markets?

  • Aerospace Giant Joins Growing List In Industry Making Steep Job Cuts
    Investor's Business Daily

    Aerospace Giant Joins Growing List In Industry Making Steep Job Cuts

    Airbus will reportedly announce "deep" permanent job cuts as the aviation industry struggles with grounded global travel.

  • Delta Swaps Out Boeing Jets For Airbus, Warns Of Too Many Pilots
    Investor's Business Daily

    Delta Swaps Out Boeing Jets For Airbus, Warns Of Too Many Pilots

    Delta will retire its 777 jets in favor of a rival Airbus model to save money, and reportedly warned it has too many pilots.