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

AIRBUS SE

(AIR)
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Saudia airline close to placing order for Airbus aircraft: sources

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06/12/2019 | 04:30am EDT
The Airbus logo is pictured on a scale model of an Airbus A350 as Airbus announces annual results in Blagnac

PARIS (Reuters) - Saudi Arabian Airlines is close to placing a multi-billion-dollar order for aircraft at least partly involving Airbus jets, people familiar with the matter said on Wednesday.

The carrier, known as Saudia, has been negotiating with both Airbus and Boeing for wide-body jets for months and its chief executive told Air Transport World in March that a decision for planes like the Airbus A350 or Boeing 787 was expected soon.

The order for wide-body aircraft, which could also include a number of smaller A320-family narrow-body aircraft, may be announced at the Paris Airshow, the people said.

Airbus declined comment.

Saudia Arabian Airlines did not immediately respond to a request for comment.

Airbus and Boeing are battling for wide-body aircraft orders worth well over $10 billion as the clock ticks toward next week's Paris Airshow, industry sources said on Tuesday.

(Reporting by Tim Hepher, Alexander Cornwell; Editing by Sudip Kar-Gupta)

Stocks mentioned in the article
ChangeLast1st jan.
AIRBUS SE 0.47% 120.4 Real-time Quote.43.40%
BOEING COMPANY (THE) -6.79% 344 Delayed Quote.14.44%
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Financials (EUR)
Sales 2019 70 398 M
EBIT 2019 6 926 M
Net income 2019 4 633 M
Finance 2019 14 810 M
Yield 2019 1,76%
P/E ratio 2019 20,3x
P/E ratio 2020 17,0x
EV / Sales2019 1,12x
EV / Sales2020 1,02x
Capitalization 93 611 M
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Mean consensus BUY
Number of Analysts 25
Average target price 144,67  €
Last Close Price 120,40  €
Spread / Highest target 37,0%
Spread / Average Target 20,2%
Spread / Lowest Target -8,64%
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Managers
NameTitle
Guillaume Faury Chief Executive Officer
Denis Ranque Non-Executive Chairman
Michael Schöllhorn Chief Operating Officer
Dominik Asam Chief Financial Officer
Luc Hennekens Chief Information Officer
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