Airbus Group Stock News

Airbus on Monday announced that the vast majority of its A320 passenger jets have been fixed after a software problem led to the grounding of 6,000 of the planes, but the European aircraft maker may have another issue.

Israeli carrier Israir said on Monday it was working to acquire two widebody Airbus A330 aircraft for a total of $80 million as it seeks to expand its long-haul routes to help offset a push by Wizz Air into the Israeli market.

Airbus fleets have returned to normal operations after a software issue that could have affected flight controls was fixed faster than expected.

Shares in the European plane maker fell as much as 10% before recovering some ground.

Airbus stock fell Monday after the manufacturer announced a recall for dozens of planes. A weekend software glitch sparked flight delays.

Shares in French manufacturer tumble as second problem comes to light after weekend of flight disruption

Airbus' share price fell as much as 10% on Monday morning over concerns of an issue with some A320s. It said it had identified an issue with some metal panels on a limited number of the best-selling jet.

Airbus shares fell by the most in a single session in over a year after a report of an issue on several of its planes.