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    AIR   NL0000235190

AIRBUS SE

(AIR)
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Real-time Euronext Paris  -  09:28 2022-07-07 am EDT
94.31 EUR   +1.78%
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Airbus Helicopters to Be Used by Shell for Support Contract

02/15/2021 | 06:45am EDT

By Joshua Kirby

Airbus SE said Monday that energy group Royal Dutch Shell PLC has chosen its H160 helicopters for a support contract in the Gulf of Mexico.

The four aircraft will be operated by Louisiana-based PHI Group Inc., the European plane maker said. The contract marks the first time the H160 model has been used in the oil-and-gas sector, the company added.

One of the aircraft will be provided in advance of final deliveries in order to allow PHI and Shell to familiarize themselves with the controls and features. This "will mitigate the normal challenges around entry into service," Airbus said.

Write to Joshua Kirby at joshua.kirby@dowjones.com; @joshualeokirby

(END) Dow Jones Newswires

02-15-21 0645ET

Stocks mentioned in the article
ChangeLast1st jan.
AIRBUS SE 1.78% 94.31 Real-time Quote.-17.53%
LONDON BRENT OIL 2.77% 103.11 Delayed Quote.28.08%
SHELL PLC 3.12% 2037 Delayed Quote.21.73%
SHELL PLC 3.90% 23.96 Real-time Quote.19.37%
WTI 3.04% 101.454 Delayed Quote.34.26%
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Analyst Recommendations on AIRBUS SE
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Financials
Sales 2022 60 256 M 61 341 M 61 341 M
Net income 2022 4 184 M 4 259 M 4 259 M
Net cash 2022 8 380 M 8 531 M 8 531 M
P/E ratio 2022 17,5x
Yield 2022 1,99%
Capitalization 72 956 M 74 271 M 74 271 M
EV / Sales 2022 1,07x
EV / Sales 2023 0,86x
Nbr of Employees 127 120
Free-Float 74,0%
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Mean consensus BUY
Number of Analysts 19
Last Close Price 92,66 €
Average target price 147,82 €
Spread / Average Target 59,5%
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Managers and Directors
Guillaume Faury Chief Executive Officer & Director
Dominik Asam Chief Financial Officer
René Richard Obermann Chairman
Sabine Klauke Chief Technical Officer
Alberto Jose Gutierrez Moreno Chief Operating Officer
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