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    AIR   NL0000235190

AIRBUS SE

(AIR)
  Report
Real-time Euronext Paris  -  11:35 2022-09-23 am EDT
91.98 EUR   -0.39%
09/23Industrials Slide on Economic Concerns -- Industrials Roundup
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09/23AIRBUS : DZ Bank gives a Neutral rating
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09/23Airbus Chief Affirms Confidence in 2025 Output Target
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Airbus Revokes Remaining Qatar Orders for Its A350 Planes

08/03/2022 | 09:19am EDT

By Julien Marion


Airbus SE has revoked the remaining order by Qatar Airways Co for its A350 planes, an industry source told Dow Jones Wednesday.

Under the order, 19 planes that were due to be delivered to Qatar Airways have now been cancelled, the source said.

Both companies are currently in a legal dispute over paint and surface wear on some A350 fuselages.

Last year, the Qatari carrier said that the paint on some of the planes was cracking and peeling, claiming it a safety risk. It grounded 21 of the planes and refused to accept deliveries from Airbus of more.

Airbus, which acknowledged the paint defect, has said that it isn't a safety risk and doesn't affect the airworthiness of the planes. The European plane maker filed a claim in London's High Court of Justice for $220 million in damages in February.


This story was translated in whole or in part from a French-language version initially published by L'Agefi-Dow Jones.


Write to Julien Marion at jmarion@agefi.fr


(END) Dow Jones Newswires

08-03-22 0918ET

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Analyst Recommendations on AIRBUS SE
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Financials
Sales 2022 59 093 M 57 456 M 57 456 M
Net income 2022 3 994 M 3 883 M 3 883 M
Net cash 2022 7 610 M 7 399 M 7 399 M
P/E ratio 2022 17,8x
Yield 2022 1,97%
Capitalization 72 433 M 70 426 M 70 426 M
EV / Sales 2022 1,10x
EV / Sales 2023 0,88x
Nbr of Employees 128 873
Free-Float 74,0%
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Technical analysis trends AIRBUS SE
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TrendsBearishNeutralBearish
Income Statement Evolution
Consensus
Sell
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Mean consensus BUY
Number of Analysts 19
Last Close Price 91,98 €
Average target price 146,71 €
Spread / Average Target 59,5%
EPS Revisions
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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