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MarketScreener Homepage  >  Equities  >  Euronext Paris  >  Airbus SE    AIR   NL0000235190

AIRBUS SE

(AIR)
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Airbus : Lebanon-based Middle East Airlines (MEA) has received its first A321neo aircraft from Airbus' final assembly line in ...

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07/10/2020 | 11:11pm EDT

Middle East Airlines (MEA) receives its first Airbus A321neo

#MiddleEastAirlines #Airbus #A321neo

Hamburg, Germany - 10 July 2020 - Lebanon-based Middle East Airlines (MEA) has received its first A321neo aircraft from Airbus' final assembly line in Hamburg, Germany.

The delivery is the first of nine aircraft to be delivered in the coming months.

The highly-fuel-efficient A321neo will help reduce MEA's operating costs. The airline's A321neo is powered by Pratt & Whitney's PurePower PW1100G-JM geared turbofan engines and is

configured in a comfortable two-class layout with 28 seats in Business and 132 seats in Economy Class and the latest generation in-flight entertainment system and high-speed connectivity.

The A321neo is the largest member of the A320 Family, seating up to 240 passengers, depending on cabin configuration. Incorporating the latest engines, aerodynamic advances, and cabin innovations, the A321neo offers a reduction in fuel consumption of 20% as well as a 50% noise reduction.

* **

Airbus Media Relations

Phone: +33 (0)5 61 93 10 00

2 rond-point Emile Dewoitine

Email: media@airbus.com

31700 Blagnac

Web: airbus.com

France

Follow us on Twitter: @airbus & @airbuspress

https://www.airbus.com/newsroom/

For more information about A321neo, please click here.

About Airbus

Airbus is a global leader in aeronautics, space and related services. In 2019, it generated revenues of € 70 billion and employed a workforce of around 135,000. Airbus offers the most comprehensive range of passenger airliners. Airbus is also a European leader providing tanker, combat, transport and mission aircraft, as well as one of the world's leading space companies. In helicopters, Airbus provides the most efficient civil and military rotorcraft solutions worldwide.

Contacts for the media

Samsana Ismail

samsana.ismail@airbus.com

+971 56 171 7025

Zaid Al-Farah

zaid.al-farah@airbus.com

+971 56 603 7704

Laura Nguyen-Duc

laura.l.nguyen-duc@airbus.com

+33 6 07 34 78 13

This and other press releases and high resolution photos are available on: AirbusMedia

Airbus Media Relations

Phone: +33 (0)5 61 93 10 00

2 rond-point Emile Dewoitine

Email: media@airbus.com

31700 Blagnac

Web: airbus.com

France

Follow us on Twitter: @airbus & @airbuspress

https://www.airbus.com/newsroom/

Disclaimer

Airbus SE published this content on 10 July 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 11 July 2020 03:10:04 UTC

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Financials
Sales 2020 48 421 M 57 161 M 57 161 M
Net income 2020 -169 M -200 M -200 M
Net Debt 2020 1 048 M 1 237 M 1 237 M
P/E ratio 2020 -565x
Yield 2020 0,02%
Capitalization 58 710 M 69 233 M 69 307 M
EV / Sales 2020 1,23x
EV / Sales 2021 1,06x
Nbr of Employees 135 154
Free-Float 73,0%
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Technical analysis trends AIRBUS SE
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Mean consensus OUTPERFORM
Number of Analysts 24
Average target price 79,99 €
Last Close Price 74,92 €
Spread / Highest target 64,2%
Spread / Average Target 6,77%
Spread / Lowest Target -51,8%
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Managers
NameTitle
Guillaume Faury Chief Executive Officer
René Richard Obermann Chairman
Michael Schöllhorn Chief Operating Officer
Dominik Asam Chief Financial Officer
Luc Hennekens Chief Information Officer
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