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Airbus Group NV

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  • LONDON, March 13- The euro's slide towards parity with the dollar will provide a much-needed boost for European companies this year and force U.S. rivals to adapt their businesses or risk losing market share. Other companies predicting a tail wind from the around 20 percent drop in the value of the euro over the past six months to $1.06 on Friday include jet...

  • Potential buyers include Boeing Co, Textron Inc, Airbus and BAE Systems and even Lockheed Martin Corp.. Chief Pentagon arms buyer Frank Kendall told UTC that the Defense Department would not object to a spinoff, a source told Reuters. A former defense official said the Pentagon would probably insist that Sikorsky was well capitalized to ensure its survival.

  • PHOENIX, March 11- Aircraft leasing companies are encouraging Boeing to build a jet to replace its discontinued 757, but stress the priority of all planemakers must be to deliver on existing orders for bread-and-butter models after a series of delays. Steven Udvar-Hazy, chief executive officer of Air Lease Corp and widely seen as one of the industry's most...

  • NEW YORK, March 10- Boeing Co said on Tuesday that high-density packages of lithium batteries like those used in cell phones and laptops pose fire risks and should not be carried on passenger planes until safer methods for carrying them are developed. Boeing is part of an industry group including other plane makers such as Bombardier Inc and Airbus Group NV, that...

  • PHOENIX, March 10- Airbus could commit to a new production increase for its A320 jet family before the end of the year, but a final decision depends on its top management and the health of the supply chain, its sales chief said on Monday. "Some time before the end of the year I think it is possible, subject to the executive committee of Airbus and the board of Airbus Group,"...

  • PHOENIX, March 10- Airbus could commit to a new increase in production of its A320 jet family before the end of the year, but a final decision depends on its top management and the health of the supply chain, its sales chief said on Monday. Sales chief John Leahy made the prediction days after the European planemaker announced plans to raise production from 42 planes...

  • PHOENIX, March 9- Boeing Co pledged on Monday to improve the efficiency and seating capacity of its 777 jetliner to shore up production of its most profitable airliner as it switches to a newer model. "This combination of improvement in fuel efficiency and more seats will yield about a 5 percent improvement in efficiency per seat," he told the International...

  • BERLIN, March 5- Emirates has had extensive discussions with Airbus about the production of a revamped version of the A380 super jumbo with more efficient engines, the airline's president said on Thursday. Its first 90 A380 aircraft are supplied with engines from Engine Alliance, a joint venture between General Electric and Pratt& Whitney.

  • SINGAPORE, March 2- Malaysia Airlines is re-negotiating contracts, reviewing its fleet and routes, and identifying almost a third of staff to lay off as part of a state-led restructuring programme, owner Khazanah Nasional Bhd said on Monday. The sovereign wealth fund's update on Malaysian Airline System Bhd is the first since it took the carrier private in...

  • *Airbus surges after posting sharp rise in operating profits. LONDON/ PARIS, Feb 27- European shares rose on Friday, building on their best start to the year since regional benchmarks began in late 1986, to close at seven-year highs, supported by encouraging earnings reports. Shares in Airbus were up 7.2 percent after it posted a rise in operating earnings and...

  • MIRABEL, Quebec, Feb 27- Bombardier Inc launched a test flight of its CS300 jet on Friday, the larger version of its new CSeries narrow-body aircraft, in a milestone for the long-delayed program that analysts and investors say may have missed its moment. The CSeries, Bombardier's largest jet, with up to 160 seats, helps the company push into markets dominated by...

  • Europe shares close to finish higher ahead of QE Friday, 27 Feb 2015 | 11:37 AM ET

    European equities seesawed before finishing higher on Friday, but looked to close out the trading month with gains of over 6 percent.

  • LONDON, Feb 27- European shares held steady at seven-year highs on Friday as investor confidence stayed buoyant ahead of the European Central Bank's monthly 60- billion-euro money-printing programme set to start in March. "The market's had a good run and it's the end of the month so we're going to see it drift lower today as people book some profit," ETX Capital's...

  • *FY operating earnings before one-offs up 54 pct to 4 bln euros. *Takes 551 mln euros charge due to A400M delays. MUNICH, Feb 27- Airbus Group defied warnings of a slowdown in the jetliner market with a steep production boost for its top-selling A320 and announced its biggest ever dividend.

  • *J.C. Penney tumbles after earnings. NEW YORK, Feb 27- U.S. stock index futures were little changed on Friday, with major indexes on track for a fourth week of gains, ahead of readings on economic growth and consumer sentiment. *Later in the session at 10:00 a.m., the University of Michigan's final February reading on consumer sentiment is expected, along with pending...

  • LONDON, Feb 27- European shares rose to fresh seven-year highs on Friday, extending a two-month rally fuelled by the European Central Bank's money printing programme which starts in the coming weeks. About two-thirds of the way into Europe's earnings season, 55 percent of companies have met or beaten profit forecasts. Overall, fourth-quarter earnings are...

  • *Airbus surges after posting sharp rise in operating profits. PARIS, Feb 27- European shares dipped on Friday morning, pausing after their best start to the year since regional benchmarks began in late 1986, while Airbus rallied after posting a sharp rise in operating earnings. Shares in Airbus were up 6.1 percent, representing a gain in market value of 2.5...

  • Buoyant Airbus helps Europe shares extend rally Friday, 27 Feb 2015 | 3:10 AM ET

    PARIS, Feb 27- European shares inched higher on Friday, keeping their brisk two-month rally alive as Airbus rose 6 percent after posting a sharp rise in operating earnings. At 0804 GMT, the FTSEurofirst 300 index of top European shares was up 0.3 percent at 1,561.60 points, hitting a fresh seven-year high. The index has surged 14 percent so far this year, boosted by...

  • Airbus just took a $618M charge for delays Friday, 27 Feb 2015 | 2:18 AM ET
    An Airbus A320 - similar to the aircraft used by Air Algerie.

    Europe's Airbus Group took a charge of 551 million euros ($618 million) due to latest delays on the A400M military transporter.

  • Airbus Group takes 551 mln eur A400M charge Friday, 27 Feb 2015 | 1:19 AM ET

    MUNICH, Feb 27- Europe's Airbus Group took a charge of 551 million euros due to latest delays on the A400M military transporter and adjusted civil production rates as it posted higher revenue and core profit on Friday. The world's second-largest aerospace group after Boeing said operating earnings before one-off items rose 54 percent to 4 billion euros as...