EADSY Stock Recent News

Emirates Chairman and Chief Executive Officer Sheikh Ahmed bin Saeed Al Maktoum says the airline is in negotiations with Boeing Co. and Airbus SE to order more jets to upgrade and expand its fleet of long-distance aircraft. The CEO also says he's "optimistic that Boeing will be able to deliver that in about a year plus from now.

Saudi low-cost carrier Flyadeal has ordered 10 Airbus A330neos, as the airline targets first stops to Southeast Asia. CNBC's Dan Murphy speaks with CEO Steven Greenway at the Arabian Travel Market in Dubai.

Airbus (EADSY 2.29%) is getting a lift from two stock analyst names this morning, as first Barclays lowered its price target on the stock to 185 euros (but maintains an "overweight" rating on the stock, according to StreetInsider.com), while Paris shop Kepler Cheuvreux upgraded the European aerospace giant to "buy" with a 170-euro price target.

Boeing Co (NYSE:BA, ETR:BCO) and Airbus Group (EPA:AIR) shares rose after the pair agreeing to carve up Spirit AeroSystems, splitting key assets of the struggling aerospace supplier between them. Under the agreement, Boeing will buy back Spirit's US-focused operations – which it spun off two decades ago – for $4.7 billion in stock, while Airbus will absorb loss-making European activities, both companies said on Monday.

The companies entered into a definitive deal for the acquisition of some Spirit industrial assets dedicated to Airbus's commercial aircraft programs.

Europe's Airbus said late on Sunday it has finalized an agreement to take some assets from Spirit AeroSystems , completing a critical part of a transatlantic carve-up of the struggling supplier with U.S. rival Boeing.

The company has pulled ahead of longtime leader Boeing in airplane production. Europe's military industry could well provide a further lift.

Norsk Titanium (OTCQX:NORSF) showcased progress in both commercial and defense aerospace sectors this month, underscoring its expanding footprint in titanium additive manufacturing through key developments with Airbus Aerostructures and participation in North America's largest 3D printing conference. At the 9th Additive Manufacturing Forum held in Berlin in March, Airbus Aerostructures spotlighted its ongoing collaboration with Norsk Titanium, including the integration of Norsk's Rapid Plasma Deposition (RPD) components into the A350 program.

Saudi budget carrier flyadeal on Wednesday confirmed a deal to order 10 Airbus A330neo wide-body passenger jets as it expands into fast-growing long-haul markets in Southeast Asia.

Airbus booked 211 orders in March, valued at $13.9 billion, with a strong focus on single-aisle airplanes, despite supply chain challenges. Airbus delivered 71 airplanes in March, valued at $4.5 billion, showing a sequential and year-on-year increase, but Q1 deliveries remain slightly lower. The book-to-bill ratio indicates strong demand but is inflated by supply chain constraints, suggesting upward pressure on production rates.