1. Homepage
  2. Equities
  3. France
  4. Euronext Paris
  5. Airbus SE
  6. News
  7. Summary
    AIR   NL0000235190


Real-time Euronext Paris  -  05/20 07:05:27 am EDT
108.50 EUR   +1.97%
03:32aAIRBUS : Buy rating from JP Morgan
05/19Honeywell International's Flight Management System Picked by Airbus
05/19Airbus Wins Contract from European Space Agency for Laser Interferometer Space Antenna
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

U.S. FAA says Verizon, AT&T can turn on more towers for 5G deployment

01/28/2022 | 01:54pm EDT
FILE PHOTO: A contract crew from Verizon installs 5G equipment on a tower in Orem

WASHINGTON (Reuters) - The U.S. Federal Aviation Administration (FAA) said Friday it has agreed that Verizon Communications and AT&T can safely turn on more towers for C-Band 5G deployment.

The FAA said it and the wireless carriers "have agreed on steps that will enable more aircraft to safely use key airports while also enabling more towers to deploy 5G service." The FAA said more precise data about the exact location of wireless transmitters allowed it "to determine that it is possible to safely and more precisely map the size and shape of the areas around airports where 5G signals are mitigated, shrinking the areas where wireless operators are deferring their antenna activations."

AT&T and Verizon on agreed on Jan. 18 to temporarily not turn on about 510 towers near airports over the FAA's concerns about interference with airplane radio altimeters averting what major airlines had said would be a "catastrophic" impact on U.S. aviation.

The FAA plans to issue updated documents as soon as later on Friday to allow for more operations in poor weather "with new runways that previously were unavailable. We're getting them to the operators as quickly as possible so they can make scheduling decisions."

CTIA, an industry trade group representing wireless carriers, said called the FAA announcement "a positive development that highlights the considerable progress the wireless industry, aviation industry, FAA and (Federal Communications Commission) are making to ensure robust 5G service and safe flights."

The FAA added that "5G signals from some existing towers that were inside the old protected areas but are outside the new protected areas do not pose unacceptable safety risks to aircraft approaching airports in low-visibility conditions. Therefore, the FAA was able to newly approve certain aircraft - specifically Airbus and Embraer 170/190s - for low-visibility approaches at airports where they couldn't previously make them."

Airline industry officials say the FAA plans to further refine the zones around airports at a later date that will allow Verizon and AT&T to use additional towers near airports. About 500 of the towers that were not turned on last week are Verizon towers, officials told Reuters.

(Reporting by David Shepardson; Editing by Aurora Ellis)

By David Shepardson

© Reuters 2022
Stocks mentioned in the article
ChangeLast1st jan.
AIRBUS SE 2.05% 108.5 Real-time Quote.-5.30%
EMBRAER S.A. -0.77% 12.92 Delayed Quote.-47.95%
All news about AIRBUS SE
03:32aAIRBUS : Buy rating from JP Morgan
05/19Honeywell International's Flight Management System Picked by Airbus
05/19Airbus Wins Contract from European Space Agency for Laser Interferometer Space Antenna
05/18Lockheed Martin's Strategic Tanker Aircraft for US Air Force to be Manufactured by Airb..
05/17AerCap keeps legacy Boeing order, sees strong demand for 737 Max jets
05/16Aircraft lessor SMBC to buy rival Goshawk in $6.7 billion deal
05/16AIRBUS : Goldman Sachs maintains a Buy rating
05/16MICHAEL O'LEARY : management should step up or ship out
05/16JetBlue goes hostile to buy Spirit Airlines after rejection
05/16Ryanair cautious about 'fragile' recovery, berates Boeing
More news
Analyst Recommendations on AIRBUS SE
More recommendations
Sales 2022 59 708 M 63 217 M 63 217 M
Net income 2022 4 076 M 4 316 M 4 316 M
Net cash 2022 8 468 M 8 966 M 8 966 M
P/E ratio 2022 20,7x
Yield 2022 1,71%
Capitalization 83 775 M 88 697 M 88 697 M
EV / Sales 2022 1,26x
EV / Sales 2023 1,02x
Nbr of Employees 127 120
Free-Float 74,2%
Duration : Period :
Airbus SE Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends AIRBUS SE
Short TermMid-TermLong Term
Income Statement Evolution
Mean consensus BUY
Number of Analysts 20
Last Close Price 106,40 €
Average target price 150,45 €
Spread / Average Target 41,4%
EPS Revisions
Managers and Directors
Guillaume Faury Chief Executive Officer
Dominik Asam Chief Financial Officer
René Richard Obermann Chairman
Sabine Klauke Chief Technical Officer
Alberto Jose Gutierrez Moreno Chief Operating Officer
Sector and Competitors
1st jan.Capi. (M$)
AIRBUS SE-5.30%88 697
TEXTRON INC.-17.55%13 499
AVICOPTER PLC-48.33%3 644