EADSY Stock Recent News

Airbus CEO Guillaume Faury told CNBC on Tuesday that the plane maker remains on pace to deliver about 820 commercial aircraft in 2025, even as engine production delays continue to limit its capabilities.

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.

Guillaume Faury, Airbus CEO, joins CNBC's Phil LeBeau to discuss the company's year-end outlook, the importance of upgraded airspace, and much more.

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.

Airbus delivered 61 jets in August, bringing deliveries by the world's largest planemaker so far this year to 434 aircraft, industry sources said on Wednesday.

Airbus needs to deliver planes at a record pace to reach its annual target after delivering about 60 aircraft in August, industry sources and analysts said on Monday.

Boeing leads Airbus in net airplane orders and order value, driven by strong wide-body demand and improved delivery visibility. Airbus currently leads in total airplane deliveries, especially in the single-aisle segment, and is poised to expand this lead in the coming months. Both Boeing and Airbus face significant production and supply chain challenges, with backlogs still high and deliveries lagging behind pre-pandemic trends.

Investors with an interest in Aerospace - Defense stocks have likely encountered both Airbus Group (EADSY) and Howmet (HWM). But which of these two stocks offers value investors a better bang for their buck right now?

New Zealand said on Thursday it would spend NZ$2.7 billion ($1.6 billion) to buy five MH-60R Seahawk helicopters and two Airbus A321XLR aircraft, the first major investment following a decision to replace the country's aging defence fleet.