The Latest Breaking News from Airbus SE

Air France-KLM (OTC:AFLYY) has established an agreement with CFM International to acquire 200 LEAP-1A engines to power its new fleet of Airbus SE (OTC:EADSY) A320neo and A321neo. Financial terms were not disclosed. CFM International is a 50/50 joint venture between GE Aviation, a division of General Electric Co (NYSE:GE), and Safran Aircraft Engines, a division of Safran (OTC:SAFRY). Last…

Shares of prominent defense stocks rallied after Russia invaded Ukraine, thanks to the increased military spending globally. Since the market for defense components is expected to remain elevated, buying the dip in quality defense stocks Moog Inc. (MOG.A), Airbus SE (EADSY), Astronics Corp. (ATRO), Textron (TXT), and Sturm, Ruger &…

Airbus SE (OTC:EADSY) has won an order for 292 A320 Family aircraft from several Chinese airlines, indicating the positive recovery momentum and prosperous outlook for the Chinese aviation market. The Chinese airlines involved are Air China, Ltd. (OTC:AICAF), China Eastern Airlines Corp. Ltd. (NYSE:CEA), China Southern Airlines Co. Ltd.(NYSE:ZNH), and Shenzhen Airlines. These orders will enter the…

Japan Airlines Co Ltd (OTC:JAPSY) is considering replacing its older Boeing Co. (NYSE:BA) 737 short-haul fleet with more modern and fuel-efficient models, Bloomberg reported, citing people familiar with the matter. The airline operates 45 of the 737 jets with an average age of about 12.5 years and is currently deciding between the 737…

Airbus SE (OTC:EADSY) has secured a €160 million contract for the European Space Agency’s (ESA) FORUM satellite to measure heat emitted from the Earth into space. FORUM, short for Far-infrared Outgoing Radiation Understanding and Monitoring, will be the first satellite to observe Earth in the far-infrared part of the spectrum, providing unique measurements…

Citi analyst Charles J Armitage upgraded the aerospace and defense firm Boeing Co (NYSE:BA) to Buy/High Risk from Neutral and lowered the price target to $209 (implying an upside of 56.3%) from $219. The analyst seeks to value Boeing on the assumption that the (significant) medium-term risks can be mitigated while also quantifying those risks.…

Airbus SE (OTC:EADSY) (OTC:EADSF) launched the first flight of its newest and largest narrowbody aircraft, the A321XLR, on Wednesday. The European planemaker aims to seek lucrative demand for long-range single-aisle jets, reported Reuters. The aircraft, MSN 11000, took off from Hamburg-Finkenwerder Airport at 11:05 hrs CEST for a test flight that lasted approximately…

Airbus SE (OTC:EADSY) is establishing a hydrogen-focused facility in the United Kingdom; its latest attempt to boost the design of its next generation of aircraft, reported CNBC. Airbus stated in a statement Wednesday that the Zero Emission Development Centre in Filton, Bristol, has already begun working on the technology's development. One of…

Qantas Airways Ltd. revived a plan to start direct flights connecting Australia’s east coast with New York and London as it finally ordered Airbus SE jets for the ultra-long services.

Amprius Technologies Inc has agreed to merge with a special-purpose acquisition company (SPAC)that values the company at about $1.3 billion and would take it public, Wall Street Journal reported. Amprius makes batteries that it says are more powerful than conventional lithium-ion cells because they use energy-dense silicon in the battery’s anode instead…

Spirit AeroSystems Holdings, Inc. (NYSE:SPR) reported first-quarter revenue growth of 30% year-over-year to $1.18 billion, beating the consensus of $1.09 billion. This increase reflects higher production deliveries on the Boeing Co (NYSE:BA) 737, Airbus SE (OTC:EADSY) A220, and Airbus A320 programs and increased Aftermarket revenue, partially offset by lower production volume on the Boeing 787 program.…