Airbus Group Stock News

Airbus signalled a potential new charge in its troubled space division on Tuesday, saying it would update investors on the ongoing review of a major satellite programme during annual results on Feb. 20.

Leonardo Chief Executive Roberto Cingolani met the head of French peer Airbus on Tuesday to discuss possible alliances in the satellite industry.

Airbus Helicopters posted 4% higher deliveries last year, with 361 aircraft released to customers in the strongest industrial performance since 2017 as the world's largest commercial supplier continued a gradual recovery from the pandemic.

Airbus SE / NL0000235190

European aerospace giant Airbus confirmed Friday that it was shutting down its specialty freight business using colossal Beluga jets, resulting in the loss of 75 jobs.

The CEO of Europe's Airbus has told staff that the group ended 2024 in better shape than it feared when issuing a profit warning last summer, while warning of a deteriorating international environment and newly increased business risks.

Boeing faced severe quality issues and production delays, leading to a 71% drop in net orders and a 34% decline in deliveries. Airbus also experienced a challenging year but outperformed Boeing, with a 60% drop in net orders but a 4% increase in deliveries. Airbus booked twice as many net orders as Boeing, with a more balanced split between single aisle and wide body aircraft.

Global aircraft manufacturer Airbus (EPA: AIR) and Austria's integrated energy company OMV (VIE: OMV) are partnering on sustainable aviation fuel, according to both companies.