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News Breaks
July 9, 2014
06:27 EDTEADSYAirbus employees contacted by U.K.'s Serious Fraud Office, WSJ reports
The U.K.'s Serious Fraud Office has contacted some current and former employees of Airbus as part of a wide-ranging investigation into corruption and activities at one of its units, the Wall Street Journal reports. Employees are also being interviewed by U.K. defense ministry officials, the publication adds. Reference Link
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February 27, 2015
06:20 EDTEADSYAirbus targets EPS to increase further in FY15
As the basis for its FY15 guidance, Airbus Group expects the world economy and air traffic to grow in line with prevailing independent forecasts and assumes no major disruptions. Airbus deliveries should be slightly higher than in 2014, and the commercial aircraft order book is again expected to grow. In 2015, before mergers & acquisitions, Airbus Group expects an increase in revenues and targets a slight increase in EBIT before one-off. Based on its current view of the industrial ramp-up, Airbus Group targets breakeven free cash flow in 2015 before M&A. Airbus Group targets its EPS and dividend per share to increase further in 2015.
06:18 EDTEADSYAirbus reports Q4 EPS EUR 1.21 vs. EUR 0.34 last year
Reports Q4 revenue EUR 20.22B vs. EUR 18.62B last year. Reports Q4 EBIT EUR 1.46B vs. EUR 493M last year.
February 24, 2015
10:24 EDTEADSYBoeing finds buyers for early 787 Dreamliner inventory, Bloomberg says
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06:46 EDTEADSYAirbus told suppliers to prepare for increase in A320 production, Reuters says
Airbus (EADSY) has told suppliers that it is considering increasing the number of A320 jets it produces to 50 per month as early as 2017, according to Reuters. The company, which is looking to make 48 A320 jets per month by the second quarter of 2016, currently manufactures 42 of the jets per month and had previously planned to produce 46 of them monthly by the second quarter of 2016, the news service noted. Boeing (BA) competes with Airbus in international commercial plane markets. Reference Link
February 20, 2015
07:02 EDTEADSYAirbus in talks with Indian firms to produce military helicopters, Reuters says
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February 19, 2015
06:18 EDTEADSYBAE Systems sees winning more Typhoon jet, naval orders in 2015, WSJ reports
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