The Latest Breaking News from Airbus SE

Air Lease Corp (NYSE:AL) provided an update on aircraft investments, sales, and new significant financing for Q1 of 2022. The fleet consisted of 391 owned aircraft and 93 managed aircraft as of March 31, 2022, with 451 new aircraft on order from Boeing Co (NYSE:BA) and Airbus SE (OTC:EADSF) (OTC:EADSY) set to deliver through 2028. Air Lease…

Honeywell International Inc (NASDAQ:HON) is exploring adding more suppliers as it prepares to meet higher demand from Boeing Co (NYSE:BA) and Airbus SE (OTC:EADSY), which are ramping up production to cater to a surge in air travel, Reuters reported. Honeywell, which manufactures everything from engines to cockpit components, is working to diversify its supplier base of…

Airbus SE (OTC:EADSY) expects the Indian aviation sector to order 2,210 planes over the next 20 years, up from a previous forecast of 1,900, reported Reuters. With low-cost carriers making up the bulk of the Indian market, Airbus expects airlines will need 1,770 narrowbody planes to grow their fleets and replace old…

Air Canada (OTC:ACDVF) agreed to acquire 26 extra-long range (XLR) versions of Airbus SE (OTC:EADSY) A321neo aircraft. Deliveries are to begin in Q1 of 2024, with the final aircraft arriving in Q1 of 2027. Financial terms not disclosed. Fifteen aircraft will be leased from Air Lease Corp (NYSE:AL), five will be leased from AerCap Holdings (NYSE:AER), and six acquired…

Parker-Hannifin Corp (NYSE:PH) has offered remedies to secure EU antitrust approval for its £6.3 billion bid for British rival Meggitt plc (OTC:MEGGF), reported Reuters. Related: Parker-Hannifin To Acquire Meggitt For ~£6.3B The EU competition enforcer extended its deadline for a decision to April 11 from March 28. The regulator will seek feedback from rivals and customers…

European aerospace and defense firm Airbus SE (OTC:EADSY) is interested in taking over the cybersecurity business of French software company Atos (OTC:AEXAY), Reuters reported citing France's BFM TV. The report noted that Airbus had been looking into a potential acquisition of Atos over the last few weeks, driven by its interest in cybersecurity, but added that…

Germany plans to buy 35 U.S. F-35 fighter jets built by Lockheed Martin Corp (NYSE:LMT) to replace its aging Tornado, reported Reuters. Germany also plans to purchase 15 Eurofighter jets equipped for electronic warfare from Airbus SE (OTC:EADSY), the report cited a confidential document sent to lawmakers. "After careful consideration of all available options, I…

Airbus SE (OTC:EADSY) has delivered 79 aircraft to 38 customers year-to-date, with 49 deliveries registered in February. Airbus recorded 149 gross orders year-to-date, of which 113 were ordered in February. Total net orders stood at 55 after 94 cancellations. In February, rival Boeing Co (NYSE:BA) delivered 22 airplanes and booked gross orders for 37 planes. Also Read: Boeing…

Bloomberg reports that satellite semiconductor provider SatixFy Communications Ltd agreed to go public via a special purpose acquisition company (SPAC) merger. SatixFy's deal with Endurance Acquisition Corp (NASDAQ:EDNC) will give the combined company a pro forma implied equity value of about $813 million. Israel-based SatixFy is a fabless semiconductor company providing products based on its own…