Latest news with #GuillaumeFaury
India.com
3 days ago
- Automotive
- India.com
Tata to launch India's first privately owned helicopter manufacturing unit in collaboration with..., location is...
Airbus, the European aerospace leader, and Tata Advanced Systems (TASL), the aerospace arm of the Tata Group, plan to set up a Final Assembly Line (FAL) for H125 helicopters in Kolar, Karnataka. According to a report by The Times of India, the facility will produce Airbus' popular H125 civil helicopter for both the Indian and regional markets, making it the fourth such assembly line worldwide, following those in France, the US, and Brazil. The new plant will initially manufacture 10 H125 civil helicopters annually. Based on Airbus' projection that around 500 light helicopters will be needed in this sector over the next 20 years, the facility is expected to expand in the future. Guillaume Faury is the CEO of the German aerospace corporation Airbus SE and also serves as the Chairman of its commercial aircraft division, Airbus SAS. According to the media reports, the plant will be set up in the Vemagal Industrial Area, about two hours from Bengaluru, where Tata is already engaged in other aerospace activities, including satellite manufacturing. The facility will include capabilities for aircraft manufacturing, final assembly, and MRO (Maintenance, Repair, and Overhaul) services. The report mentioned that Andhra Pradesh's Anantapur, where Kia Motors has its factory, was also a contender for the project. However, Karnataka bagged the deal owing to its robust supply chain network, readily available skilled workforce, and the pro-investment policies of the state government. TASL has secured 740,000 square feet of space in Karnataka's Vemagal Industrial Area to set up facilities for aircraft manufacturing, final assembly, and maintenance, repair, and overhaul (MRO) operations. Under Karnataka's Aerospace and Defence Policy, the project will receive benefits such as land subsidies, capital investment support, exemption from stamp duty, concessions on electricity bills, and production-linked incentives of up to 1% of turnover for a period of five years.
Yahoo
25-05-2025
- Business
- Yahoo
Why Airbus Stock Slipped on Friday
Airbus just picked a new "Head of Technology Airbus." The company may also have eliminated the title of Chief Technology Officer and may be de-emphasizing R&D. Other Airbus divisions have cut costs. Is Commercial Aircraft next? 10 stocks we like better than Airbus SE › Airbus (OTC: EADSY) stock sank 2.2% in afternoon trading, 3:10 p.m. ET, on news of a bit of a management shake-up. As Reuters reports, Airbus named Remi Maillard, currently head of Airbus India and South Asia, to lead its Research & Technology division as "Head of Technology Airbus" at the same time as he runs engineering at the company's core commercial airplanes business. Curiously, Airbus seems to have eliminated the title of "Chief Technology Officer" from its management team, however. Sources suggest the change has something to do with Airbus plans to introduce a successor to its popular A320neo airplane toward the end of this decade. While company CEO Guillaume Faury says technology remains "absolutely instrumental to the future of Airbus," at least one source believes the company is de-emphasizing technology (and maybe research and development spending), perhaps in an effort to cut costs. So what are investors to make of this? Perhaps nothing. Executives come and go and move around plenty in a large aerospace company like Airbus. One promotion does not a business shift make -- necessarily. But if Airbus is cutting costs in commercial airplanes, this would line up nicely with efforts to cut costs in the company's space division, for example, where layoffs and other cuts have been ongoing the past two years. If cost cuts are happening, this could be good news for investors. Priced at 28 times earnings and expected to grow earnings nearly 24% annually over the next five years -- and paying a dividend yield of nearly 2% -- Airbus stock already looks attractive. Cut costs and boost profits even just a little bit, and the stock could easily become cheap enough to buy. Before you buy stock in Airbus SE, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Airbus SE wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $640,662!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $814,127!* Now, it's worth noting Stock Advisor's total average return is 963% — a market-crushing outperformance compared to 168% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of May 19, 2025 Rich Smith has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Why Airbus Stock Slipped on Friday was originally published by The Motley Fool
Miami Herald
06-05-2025
- Business
- Miami Herald
Airbus backs European tariffs on Boeing if talks with US fail
Business Airbus backs European tariffs on Boeing if talks with US fail Europe should impose reciprocal measures on Boeing Co. if negotiations fail to lift recent U.S. tariffs hurting the aerospace industry, according to Airbus SE Chief Executive Officer Guillaume Faury. "Europe is in negotiations, and if these negotiations do not lead to a positive outcome, I imagine that - and this is what we hope for - reciprocal tariffs on aircrafts will be imposed to force a higher level of negotiation and return to the 1979 agreement," he told reporters at an event in Paris. "This would be good for both the U.S. and European industries." Faury was referring to the World Trade Organization civil aircraft treaty that for more than four decades has largely excluded the aviation industry from import duties on commercial aircraft and parts. He didn't specify Boeing but the U.S. manufacturer is a major exporter to Europe, and would stand to feel the bulk of any tariffs imposed on American-made planes. The Airbus CEO also didn't say whether he was calling for a policy response from the European Union, where Toulouse, France-based Airbus is located, or more broadly from the region. The U.S. has placed 10% tariffs on imports from the EU and dozens of major countries like the UK, as the administration of President Donald Trump seeks to negotiate more favorable trading terms. Airbus is feeling the pain from the new measures while European countries have held back from retaliation, shielding archrival Boeing for now from added duties on planes it sends to Europe. Bloomberg News reported on Tuesday that the EU has plans to hit back with about €100 billion ($113 billion) in tariffs on U.S. goods if a satisfactory accord can't be reached. The aviation industry is scrambling to adjust to the U.S. surcharges, which have filtered through an aerospace supply chain to add costs and complexity to transactions that in the past have been duty free. Boeing has been hit by retaliation from China, and executives from U.S. aerospace firms such as engine-maker General Electric Co., a major supplier to both Airbus and Boeing, have been lobbying for the tariffs' removal. "Airbus is also an actor of the civil aviation industry in the U.S. and our imports to the U.S. from other countries are also penalized," Faury said, adding that the tariffs have created uncertainty in the industry and stalled investments. Faury, who heads French Aerospace Industries Association GIFAS, said at a press conference that European regulations also need to be simplified to stoke innovation, investments and competitiveness. EU member states have pledged to boost military spending as the U.S. shows signs of wavering on decade of commitment to alliances in the region. European countries should buy more weapons from the continent, Faury said. He called for more pan-European ventures, such as the satellite business merger under discussion between Airbus, Leonardo SpA and Thales SA. Matters related to sovereignty are not stalling the talks, just adding some "complexity," he said. "We will get there," he said, without giving a definite time for a deal to be reached. Copyright (C) 2025, Tribune Content Agency, LLC. Portions copyrighted by the respective providers. This story was originally published May 6, 2025 at 2:16 PM.
Free Malaysia Today
06-05-2025
- Business
- Free Malaysia Today
Airbus chief calls for tariffs on Boeing exports
US President Donald Trump imposed a 10% tariff on the European aviation sector in 2019 after the World Trade Organization ruled that the EU had illegally subsidised Airbus. (Airbus pic) PARIS : The head of Airbus said today that Europe should impose tariffs on imports of Boeing aircraft if negotiations over US President Donald Trump's trade war fail. Trump has rolled out a 'baseline' levy of 10% on goods from around the world, but he has suspended a higher tariff of 20% on EU products while the two sides negotiate. If negotiations 'do not result in a positive outcome, I imagine that there will be – and that's what we wish – reciprocal tariffs on airplanes to force a higher level of negotiation', Airbus chief executive Guillaume Faury told AFP. Faury, who was speaking at a press event by French aerospace industry association Gifas, said any response should be similar to the strategy used in a previous spat during the first Trump administration. Trump imposed a 10% tariff on the European aviation sector in 2019 after the World Trade Organization (WTO) ruled that the EU had illegally subsidised Airbus, and raised it to 15% in 2020. The WTO later ruled that the US also provided illegal aid to Boeing. The EU then imposed a 15% tariff on Boeing planes. The tariffs were subsequently lifted under president Joe Biden in 2021.
Time of India
06-05-2025
- Business
- Time of India
Airbus chief calls for Boeing tariffs if US-EU talks fail
Representative AI image The head of Airbus said on Tuesday that Europe should impose tariffs on imports of Boeing aircraft if negotiations over US President Donald Trump's trade war has rolled out a "baseline" levy of 10 percent on goods from around the world but he has suspended a higher tariff of 20 percent on European Union products while the two sides negotiations "do not result in a positive outcome, I imagine that there will be, and that's what we wish reciprocal tariffs on airplanes to force a higher level of negotiation", Airbus chief executive Guillaume Faury told who was speaking at a press event by French aerospace industry association Gifas, said any response should be similar to the strategy used in a previous spat during the first Trump imposed a 10-percent tariff on the European aviation sector in 2019 after the World Trade Organization ruled that the EU had illegally subsidised Airbus, and raised it to 15 percent in WTO later ruled that the United States also provided illegal aid to Boeing. The EU then imposed a 15-percent tariff on Boeing tariffs were subsequently lifted under president Joe Biden in trade war is "a lose-lose" situation for the aerospace sector but Boeing "would likely" be more affected, Faury said."This is why I am hopeful that ... things will be resolved," he added.
