European aerospace groups Leonardo , Thales and Airbus could sign an initial agreement to combine their satellite businesses as early as this year, the head of Airbus' defence and space division said in an interview on Sunday, confirming an earlier Reuters report.
Europe's aerospace groups Leonardo, Thales and Airbus have redoubled efforts to combine their satellite businesses into a 10 billion-euro ($11.7 billion) joint venture and are working towards hammering out an initial agreement in coming weeks, sources close to the matter told Reuters in recent days.
Airbus CEO Guillaume Faury said the plane manufacturer is on track to deliver 820 aircraft in 2025. In an interview with CNBC's Phil LeBeau, Faury said the company has been waiting on delayed engine deliveries from CFM International and Pratt & Whitney.
Airbus CEO Guillaume Faury said on Tuesday that engines remain the most challenging part of the aerospace supply chain, as the European planemaker seeks to grow jet deliveries.
Airbus delivered 61 aircraft in August, bringing deliveries for the first eight months of the year to 434 jets, down 3% from the same period last year, the planemaker said on Friday, confirming a Reuters report.
Die Schweizer Großbank UBS hat das Kursziel für die Aktien von Airbus NL0000235190 von 180 auf 220 Euro angehoben und die Papiere von "Neutral" auf "Buy" hochgestuft.
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