Key Developments: Airbus Group NV (EADSF.PK)

EADSF.PK on OTC Markets Group

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Latest Key Developments (Source: Significant Developments)

Airbus Group says AirAsia X places firm order for 55 A330neo
Sunday, 14 Dec 2014 07:00pm EST 

Airbus Group NV:Says AirAsia X, the long haul affiliate of Asia’s largest low cost airline, has placed a firm order with Airbus for 55 A330neo aircraft.Announcement covers the firming up of a Memorandum of Understanding (MOU) for 50 A330neo signed during the Farnborough Air Show in July 2014, plus an additional five aircraft.Deliveries of the newly-ordered aircraft will begin in 2018.  Full Article

Airbus Group NV sells 26.8 percent in share buyback to Patria
Monday, 8 Dec 2014 07:00pm EST 

Airbus Group NV:Announces that it has signed a share buyback agreement with Finland-based Patria to sell its entire 26.8 percent to the Finnish defense, security and aviation services provider.  Full Article

Airbus Group NV subsidiary wins A400M support contract from France and UK
Monday, 8 Dec 2014 07:00pm EST 

Airbus Group NV:Announces that its subsidiary, Airbus Defence and Space has won a contract from France and the UK to provide a wide-ranging and innovative in-service support (ISS) package underpinning the entry into service of the A400M Atlas new-generation airlifter.Says under this contract, Airbus Defence and Space is performing a wide variety of maintenance, technical, materiel and operational support functions.  Full Article

Airbus Group NV subsidiary to provide key elements for Vega launcher
Sunday, 7 Dec 2014 07:00pm EST 

Airbus Group NV:Announces that its subsidiary, Airbus Defence and Space, has signed a production contract with European Launch Vehicle, an AVIO and ASI Company, the industrial prime contractor for the European Vega launcher, to provide electronic components, including inertial navigation systems and backup units.Says this contract follows on from the agreement signed by Arianespace and ELV on Oct. 29 for 10 Vega launchers, scheduled to enter service from the end of 2015.  Full Article

Finnair firms up orders for eight additional Airbus A350 aircraft
Wednesday, 3 Dec 2014 02:31am EST 

Finnair Oyj:Has firmed up the eight Airbus A350 XWB aircraft options in its 2006 A350 order placed with Airbus.Says the eight A350s will be delivered to Finnair starting in 2018.At Airbus list prices, the value of the additional eight A350 aircraft would be about 1.9 billion euro.The firm up of the options increases the total number of Finnair's A350 orders to 19.Based on the current delivery schedule of A350s Finnair will receive the first four aircraft in the second half of 2015, seven A350s between 2016 and 2017, and eight A350s between 2018 and 2023.Plans to phase out A340 aircraft by end of 2017, following delivery and entry into service of A350 XWB.Says as a part of the deal Airbus has also agreed to acquire four A340-300 aircraft currently owned by Finnair in 2016 and 2017.  Full Article

Airbus Group NV increases number of outstanding shares
Tuesday, 2 Dec 2014 07:00pm EST 

Airbus Group NV:Says that 45,150 new ordinary shares issued by the company, immediately assimilated with the existing ordinary shares, will be listed on the market Euronext Paris as of Dec. 5.Says the old number of outstanding shares is 784,686,720.Says the number of shares to be listed is 45,150.Says the new number of outstanding shares is 784,731,870.Says the reason is the exercise of option.  Full Article

Airbus Group NV and Safran SA inaugurates space launcher joint venture-Reuters
Tuesday, 2 Dec 2014 07:00pm EST 

Airbus Group NV:Announces that the company and Safran SA formally have inaugurated a joint venture to pool their space launcher activities aiming to secure the future of the Ariane rocket and cut costs in the face of U.S. launch rival SpaceX-Reuters.  Full Article

China Aircraft Leasing Group Holdings Ltd finalizes $10.2 bln order for 100 Airbus planes from Airbus Group NV-Reuters
Monday, 1 Dec 2014 07:00pm EST 

China Aircraft Leasing Group Holdings Ltd:Finalizes a $10.2 billion deal to buy 100 planes from European aircraft maker Airbus Group NV subject to shareholder approval-Reuters.Says the jets will be delivered over the period 2016-2022, and will be funded by bank loans, debt, equity financing and working capital among other means.Says the deal includes 74 A320neo planes, which is a revamped version of the bestselling 150-seat A320, offering fuel savings of 15 percent and due to enter service late next year.  Full Article

Airbus Group NV sells part of stake in Dassault Aviation
Friday, 28 Nov 2014 12:35am EST 

Airbus Group NV:Announces selling part of stake in Dassault Aviation.Says this takes its stake in Dassault to 42 pct from 46 pct.Says it will attempt further sale of up to 10 pct by Jun. 30, subject to market conditions.  Full Article

Finmeccanica SpA and Airbus Group NV joint venture signs $1 billion contract for 40 aircraft
Thursday, 27 Nov 2014 11:36am EST 

Finmeccanica SpA:Announces that a $1 billion contract by ATR, the joint-venture between Finmeccanica-Alenia Aermacchi and the Airbus Group NV, and Indonesia's Lion Air for the provision of 40 ATR 72-600 aircraft.Says according to the agreement, deliveries will start from Jan. 2016 and will continue until Dec. 2018.  Full Article

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Airbus reshuffle prepares planemaker for record jet output

PARIS - A management reshuffle at Airbus this week marks another step towards focusing Europe's biggest aerospace company on industrial performance rather than the political interests of key shareholders France and Germany, industry sources said.

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