Log in
E-mail
Password
Show 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
  1. Homepage
  2. Equities
  3. France
  4. Euronext Paris
  5. Airbus SE
  6. News
  7. Summary
    AIR   NL0000235190

AIRBUS SE

(AIR)
  Report
Real-time Quote. Real-time Euronext Paris - 10/27 06:21:18 am
109.18 EUR   -0.69%
10/26Raytheon warns of worker losses due to vaccine mandate
RE
10/26Airbus fends off growing revolt over jet output plans
RE
10/26Raytheon warns of worker losses as companies impose vaccine mandate
RE
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Europe's low-cost carriers to drive jet demand over next 20 years -Boeing

09/21/2021 | 02:08am EDT
FILE PHOTO: A Boeing 737 MAX airplane lands after a test flight at Boeing Field in Seattle

LONDON (Reuters) - Planemaker Boeing said that European low-cost carriers would help drive demand for new aircraft in the region over the next 20 years, as airlines replace their ageing fleets with more fuel-efficient jets.

Boeing said on Tuesday that it expects airlines in Europe to order 7,100 new single-aisle planes, usually used for short haul trips, between now and 2040, with low-cost specialists like Ryanair behind that demand.

In fact, Europe's demand for planes will be even more strongly driven by low-cost carriers than elsewhere in the world, said Boeing vice president, commercial marketing Darren Hulst.

"Globally our forecast in general is about 40% of single aisle demand is low-cost carrier, and I would say you could argue in this European space that number would be slightly higher," he told a press briefing.

In the widebody or long-haul sector, Boeing is expecting demand for 1,545 new jets in Europe over the 20-year period.

Of the 7,100 new single aisle jets, where Boeing's 737 jets compete against Airbus's A320 and A321s, Hulst is expecting demand for close to 3,000 to come in the next ten years.

Many traditional carriers like British Airways-owner IAG and Air France-KLM also operate their own low-cost brands, such as Vueling and Transavia respectively.

Ryanair, one of Boeing's biggest customers in Europe, earlier in September abruptly ended talks with the U.S. planemaker over a new order of the larger 737 MAX 10 jets, worth tens of billions of dollars, due to differences over price.

But Boeing's Hulst said that Ryanair could always come back if it wanted more.

"I think we would continue to make sure that the 737 MAX 10 and you know other derivatives of the 737 can help Ryanair change the game even more," he said.

(Reporting by Sarah Young; Editing by Aurora Ellis)


ę Reuters 2021
Stocks mentioned in the article
ChangeLast1st jan.
AIR FRANCE-KLM 0.91% 3.971 Real-time Quote.-23.14%
AIRBUS SE -0.67% 109.18 Real-time Quote.22.45%
RYANAIR HOLDINGS PLC 0.12% 16.27 Real-time Quote.-0.03%
All news about AIRBUS SE
10/26Raytheon warns of worker losses due to vaccine mandate
RE
10/26Airbus fends off growing revolt over jet output plans
RE
10/26Raytheon warns of worker losses as companies impose vaccine mandate
RE
10/26Airbus fends off growing revolt over jet output plans
RE
10/26Airbus fends off growing revolt over jet output plans
RE
10/26Breeze Airways unveils first of 80 Airbus A220s on order
PU
10/26Airbus, Air Liquide and ispace Europe launch EURO2MOON, a non-profit European platform ..
PU
10/26GE backs 'near-term' jet output plans at Airbus and Boeing -CEO
RE
10/26In a contex of increased momentum around space exploration, Airbus Defence and Space, A..
PU
10/26Raytheon raises profit forecast on commercial aero demand
RE
More news
Analyst Recommendations on AIRBUS SE
More recommendations
Financials
Sales 2021 52 710 M 61 085 M 61 085 M
Net income 2021 2 778 M 3 219 M 3 219 M
Net cash 2021 5 850 M 6 780 M 6 780 M
P/E ratio 2021 28,0x
Yield 2021 0,77%
Capitalization 86 389 M 100 B 100 B
EV / Sales 2021 1,53x
EV / Sales 2022 1,31x
Nbr of Employees 126 050
Free-Float 74,1%
Chart AIRBUS SE
Duration : Period :
Airbus SE Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends AIRBUS SE
Short TermMid-TermLong Term
TrendsBearishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 21
Last Close Price 109,94 €
Average target price 139,61 €
Spread / Average Target 27,0%
EPS Revisions
Managers and Directors
Guillaume Faury Chief Executive Officer
Dominik Asam Chief Financial Officer
RenÚ Richard Obermann Chairman
Sabine Klauke Chief Technical Officer
Alberto Jose Gutierrez Moreno Chief Operating Officer
Sector and Competitors
1st jan.Capi. (M$)
AIRBUS SE22.45%100 161
THE BOEING COMPANY-0.56%122 981
TEXTRON INC.53.65%16 241
DASSAULT AVIATION SA0.72%8 713
AVIC ELECTROMECHANICAL SYSTEMS CO.,LTD.23.67%8 568
AVICOPTER PLC-5.02%5 500