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EADSY lands a major deal with Malaysia Aviation Group for 20 A330-900 jets, reinforcing its global grip on the widebody aircraft market.
French President Emmanuel Macron said on Friday there had been an historic deal between Airbus and Malaysia, as Macron hosted Malaysian Prime Minister Anwar Ibrahim in Paris.
AirAsia has signed a deal to buy 50 Airbus long-range A321XLR planes with conversion rights for another 20, as the budget airline nears the end of a restructuring process, Tony Fernandes, CEO of AirAsia owner Capital A Group said on Friday.
India's aviation watchdog reprimanded Air India's budget carrier in March for not timely changing engine parts of an Airbus A320 as directed by European Union's aviation safety agency, and falsifying records to show compliance, a government memo showed.
"NATO Spending just woke up" on defense, says Peter Andersen, pointing to a shift in global uncertainty and the U.S. urging Europe to bolster its own defense as catalysts. He sees the trend continuing long-term.
AirAsia is in negotiations with Airbus to convert some existing narrow-body plane orders to the long-range A321XLR model as it sets a path out of restructuring, two industry sources said.
Europe's Airbus is close to winning an order from Malaysia Aviation Group for more A330neo long-haul jets, industry sources said on Wednesday.
Here is how Airbus Group (EADSY) and Elbit Systems (ESLT) have performed compared to their sector so far this year.
Airbus dominates the commercial aircraft and helicopter markets, outpacing Boeing with a deep product portfolio and strong order book. Production challenges persist but are being addressed, with ramp-up plans set to further widen Airbus' lead over competitors in both narrowbody and widebody segments. Defense, space, and drone markets offer robust growth, fueled by increased European military spending and geopolitical shifts favoring Airbus over U.S. rivals.
Airbus (EADSY 3.59%) stock rose strongly on Thursday to close the day up 3.7%, on some disturbing news for a competitor.