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

AIRBUS SE

(AIR)
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Delayed Quote. Delayed Euronext Paris - 01/24 11:35:21 am
139 EUR   +2.36%
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EADS : Airbus confirms more A380 cracks, announces fix

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01/25/2012 | 01:05pm EST
The new Airbus A 380 stands at Frankfurt airport prior to its first passenger flight

DUBLIN (Reuters) - Airbus blamed a recent series of A380 wing cracks on a combination of design and manufacturing flaws and said it had worked out a two-stage solution, while stressing the superjumbo was in the meantime safe to fly.

The European planemaker confirmed a Reuters report that it had discovered more cracks during inspections ordered by safety authorities this week, but declined to give further details before the end of a first phase of inspections due on Friday.

"The A380 is safe to fly," Tom Williams, executive vice president of programs at Airbus, said.

The cracks were caused by a combination of the choice of aluminum alloy for certain wing brackets as well as stresses imposed by two parts of the manufacturing process, he said.

Stocks treated in this article : EADS, Singapore Airlines Ltd., AIR FRANCE -KLM
Stocks mentioned in the article
ChangeLast1st jan.
AIRBUS SE 2.36% 139 Real-time Quote.6.53%
LME ALUMINIUM CASH -1.44% 1781.5 End-of-day quote.0.54%
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Financials (EUR)
Sales 2019 70 199 M
EBIT 2019 6 661 M
Net income 2019 4 389 M
Finance 2019 14 018 M
Yield 2019 1,50%
P/E ratio 2019 24,7x
P/E ratio 2020 20,1x
EV / Sales2019 1,35x
EV / Sales2020 1,24x
Capitalization 109 B
Chart AIRBUS SE
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Technical analysis trends AIRBUS SE
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 24
Average target price 149,96  €
Last Close Price 139,00  €
Spread / Highest target 28,1%
Spread / Average Target 7,89%
Spread / Lowest Target -13,7%
EPS Revisions
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
Sector and Competitors
1st jan.Capitalization (M$)
AIRBUS SE6.53%119 960
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TEXTRON1.12%10 203
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AVIC ELECTROMECHANICAL SYSTEMS CO LTD--.--%3 543