Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

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

AIRBUS SE

(AIR)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsPress ReleasesOfficial PublicationsSector newsMarketScreener StrategiesAnalyst Recommendations

Airbus : adapts wing production activity in COVID-19 environment

share with twitter share with LinkedIn share with facebook
03/26/2020 | 10:55am EDT

Toulouse - Airbus SE (stock exchange symbol: AIR) is supporting efforts globally to tackle the COVID-19 crisis. The Company has carried out extensive work in coordination with its social partners to ensure the health and safety of its employees by implementing stringent health and safety measures, while securing business continuity.

Airbus partially resumed production and assembly work in France and Spain on Monday, 23 March following a four day pause. At the same time, operations in the UK, Germany and the US continued at normal rates. Based on the adapted ways of working which reflect the new health and safety measures, Airbus is continuing to evaluate its production flow.

In this context the wing plants in the UK and in Bremen, Germany, have reviewed the additional completed stock levels developed in the recent period and the immediate demand from the Final Assembly Lines as they resume partial operations. As a result of that review, Airbus has decided to adapt the production activity in the wing plants for the next three weeks.

This means that the production and corresponding activities for support to production of the wing plants in Bremen, Filton and Broughton will be reduced, with an extended Easter holiday implemented at Broughton and Filton and a reduced working week at Bremen. The sites will remain open during this period and will continue to ensure wing deliveries to the final assembly lines, the receipt and control of materials and components from the supply chain, building and installation maintenance, critical administrative support and preparation for activity restart. Employees will continue to perform activities remotely via home-working where their activities are not directly related to the production activity being adapted.

Airbus is maintaining business continuity across its global industrial stream. As a leading industrial company, Airbus needs to continue its activities to support the global crisis efforts, support customers, suppliers and the global economy.

Your Contact

Daniel Werdung

Media Relations Manager - CSR, Foundation

+49 896 073 4275

Stefan Schaffrath

Head of External Communications Commercial Aircraft

+33 5 61 93 42 99

(C) 2020 Electronic News Publishing, source ENP Newswire

share with twitter share with LinkedIn share with facebook
Latest news on AIRBUS SE
12:17aEnd of the runway for 747 jumbo as Boeing placed final part orders
RE
07/03Embraer union seeks planemaker's board ouster after failed Boeing deal
RE
07/03Air France and sister airline to cut 7,580 jobs
RE
07/03AIRBUS : Air France and HOP! airlines to cut 7,580 jobs
RE
07/03AIRBUS : Air France and HOP! airlines to cut 7,580 jobs
RE
07/03Air France and sister airline to cut 7,580 jobs
RE
07/03Rolls-Royce reviewing balance sheet options after COVID-19 hit
RE
07/03Rolls-Royce reviewing balance sheet options after COVID-19 hit
RE
07/03Namibia considering options for struggling national flag carrier -finance min..
RE
07/03AIRBUS : Could Save Jobs if French, German Governments Help, CEO Says -Spiegel
DJ
More news
Financials
Sales 2020 49 290 M 55 442 M 55 442 M
Net income 2020 2 062 M 2 319 M 2 319 M
Net cash 2020 904 M 1 017 M 1 017 M
P/E ratio 2020 24,3x
Yield 2020 0,57%
Capitalization 51 406 M 57 792 M 57 822 M
EV / Sales 2019
EV / Sales 2020 1,02x
Nbr of Employees 136 518
Free-Float 72,0%
Chart AIRBUS SE
Duration : Period :
Airbus SE Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends AIRBUS SE
Short TermMid-TermLong Term
TrendsNeutralNeutralBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 24
Average target price 79,67 €
Last Close Price 65,63 €
Spread / Highest target 99,6%
Spread / Average Target 21,4%
Spread / Lowest Target -54,3%
EPS Revisions
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
Sector and Competitors
1st jan.Capitalization (M$)
AIRBUS SE-49.70%57 792
BOEING COMPANY (THE)-44.50%102 036
DASSAULT AVIATION-28.89%7 776
TEXTRON-27.24%7 381
AVIC ELECTROMECHANICAL SYSTEMS CO.,LTD.17.58%4 141
AVICOPTER PLC-11.97%3 504