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Airbus Group SE (EADSF.PK)

EADSF.PK on OTC Markets Group

62.55USD
2 Dec 2016
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$-1.37 (-2.14%)
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Latest Key Developments (Source: Significant Developments)

Spirit Aero says Airbus asking co to bid on number of new work packages - Conf call
Tuesday, 1 Nov 2016 11:59am EDT 

Spirit Aerosystems Holdings Inc : Says world class cost competitiveness in supply chain will remain a priority . Says company is going to be cash positive on A350 program by the end of this year, going into early next year . Says Airbus asking company to bid on a number of new work packages; says all three - fuselage, wing and propulsion - are areas of interest with Airbus . Says if company looks at M&A, it will have to be something that targets strategic priority, such as, getting into low cost country, expanding work with key suppliers, moving perhaps into military sector . Says has been able to negotiate with suppliers some long term improvements, that are driving down costs and improving cash flow in the out year . Says since January this year, Spirit Aero has been able to take out almost 2200 hours, or about 17 percent of direct labor, from the production process of Boeing 787 program . Says, in terms of acquisition opportunities, could look at "something bigger and more transformative perhaps in the future" . Says has initially established 500 units in the second block of Boeing 787 program Further company coverage: [SPR.N] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

ATR says Christian Scherer appointed CEO
Wednesday, 12 Oct 2016 11:50am EDT 

ATR says: shareholders Airbus Group and Leonardo-Finmeccanica have appointed Christian Scherer as chief executive officer Further company coverage: [AIR.PA] [LDOF.MI] (Reporting y Paris Newsroom) ((paris.equities@thomsonreuters.com;)).  Full Article

Airbus Defence and Space signs contract for Eutelsat Satellite
Tuesday, 11 Oct 2016 04:22am EDT 

Airbus Group : Airbus Defence and Space signs contract for Eutelsat satellite . Airbus Defence and Space in partnership with Orbital ATK , to build Eutelsat 5 West B Further company coverage: [AIR.PA] (Gdynia Newsroom) ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;)).  Full Article

Airbus won 566 gross aircraft orders in January-September
Thursday, 6 Oct 2016 10:17am EDT 

Airbus : Wins 566 gross aircraft orders in Jan.-Sept. . Wins 380 net aircraft orders in Jan.-Sept. . Delivers 462 aircraft in Jan.-Sept. . Delivers 16 A380 aircraft in Jan.-Sept. .Delivers 26 A350 aircraft in Jan.-Sept..  Full Article

Boc Aviation enters into agreement with Air China
Sunday, 2 Oct 2016 09:05pm EDT 

Boc Aviation Ltd : Discloseable transaction in relation to the purchase and leaseback arrangement of five aircraft . Company has entered into agreement with Air China on 30 September 2016 . Aggregate list price of aircraft is approximately US$1.53 billion . Price difference have no material adverse impact on company's future operating costs taken as a whole . Company expects to take delivery of such aircraft and close transaction prior to 31 december 2016 .Agreed to purchase three new Boeing B777-300ER and two new Airbus A330-300 aircraft from Air China and lease each aircraft back to Air China upon delivery.  Full Article

Boc Aviation enters into agreement with Air China<2588.HK><601111.SS>
Sunday, 2 Oct 2016 07:45pm EDT 

Boc Aviation Ltd : Discloseable transaction in relation to the purchase and leaseback arrangement of five aircraft . Company has entered into agreement with Air China on 30 September 2016 . Aggregate list price of aircraft is approximately US$1.53 billion . Price difference have no material adverse impact on company's future operating costs taken as a whole . Company expects to take delivery of such aircraft and close transaction prior to 31 december 2016 .Agreed to purchase three new Boeing B777-300ER and two new Airbus A330-300 aircraft from Air China and lease each aircraft back to Air China upon delivery.  Full Article

Leonardo-Finmeccanica CEO says no plans for tie-up with Airbus
Tuesday, 27 Sep 2016 03:46am EDT 

Leonardo-Finmeccanica CEO Mauro Moretti says: there are no plans for a tie-up between the Italian aerospace and defence group and France's Airbus . press reports over the summer suggested a possible integration of the two companies . Shares in Leonardo-Finmeccanica fall more than 2 percent after Moretti's comments Further company coverage: [LDOF.MI] [AIR.PA] (Reporting by Milan newsroom).  Full Article

Airbus won 517 gross aircraft orders in Jan-Aug
Tuesday, 6 Sep 2016 04:43am EDT 

Airbus : Says wins 517 gross aircraft orders in Jan-Aug . Says wins 438 net aircraft orders in Jan-Aug . Says delivers 400 aircraft in Jan-Aug . Says delivers 21 A350 aircraft in Jan-Aug .Says delivers 15 A380 aircraft in Jan-Aug.  Full Article

VietJet Aviation signed $2.39 billion order with Airbus Group for 20 more A321 planes - Bloomberg
Monday, 5 Sep 2016 11:16pm EDT 

: VietJet Aviation signed $2.39 billion order with Airbus Group for 20 more A321 planes - Bloomberg Source : (http://bloom.bg/2bPavA6) ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

BOC Aviation Ltd says unit agreed to purchase five A321-200 aircraft from Airbus<2588.HK>
Wednesday, 31 Aug 2016 05:22am EDT 

Boc Aviation Ltd <2588.HK>: Boc Aviation discloseable transaction announcement) . List price of the airbus aircraft is approximately US$574.5 million . Boc Aviation (Cayman) has agreed to purchase the Airbus Aircraft . Company expects to take delivery of the airbus aircraft in 2017 . Unit Boc Aviation (Cayman), has entered into the aircraft purchase agreement with airbus . Deal will be funded through commercial bank loans, other debt instruments of the company . Says price adjustments obtained under aircraft purchase agreement have no material impact on future operating costs .Boc Aviation (Cayman) has agreed to purchase five A321-200 aircraft from Airbus.  Full Article

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Airbus Group to cut net total of 934 jobs

PARIS European planemaker Airbus is to cut a net total of 934 jobs as part of a previously announced restructuring aimed at stripping out bureaucracy and simplifying its brand.