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Airbus (EADSF) Receives Large New Order from VietJet
Airbus (EADSF) Receives Large New Order from VietJet

Business Insider

time6 days ago

  • Business
  • Business Insider

Airbus (EADSF) Receives Large New Order from VietJet

Vietnamese budget airline VietJet announced on Monday that it has placed a new order with European plane manufacturer Airbus (EADSF) for 20 A330neo wide-body jets. This brings the total number of A330neos the airline has agreed to purchase up to 40 and follows a deal that was signed last year for the same number of aircraft. The latest agreement was announced during French President Emmanuel Macron's visit to Hanoi, where he met with Vietnamese leaders in order to discuss strengthening ties between the two countries. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Although VietJet didn't reveal the price of the deal or the exact delivery timeline, it said that the order is part of its long-term strategy to support expansion over the next ten years. The agreement was signed by VietJet Chairwoman Nguyen Thi Phuong Thao and Airbus executive Wouter van Wersch. Thao said that the A330neo jets will help VietJet grow its international flight network, especially across the Asia-Pacific region, and may be used for future long-haul routes to Europe. Unsurprisingly, Van Wersch added that Airbus is proud to be the airline's wide-body aircraft provider of choice. The announcement also comes at a time when Vietnam is in the middle of trade talks with the United States, where it is trying to avoid getting hit with heavy tariffs. This has led VietJet to show interest in buying aircraft from Boeing (BA), which U.S. and Vietnamese officials have said could help reduce Vietnam's large trade surplus with Washington. Interestingly, though, it's worth noting that the airline previously agreed to buy 200 Boeing 737 MAX jets in a deal that was signed in 2016, but none of those planes have been delivered yet. Is EADSF Stock a Good Buy? Turning to Wall Street, analysts have a Strong Buy consensus rating on EADSF stock based on 11 Buys, two Holds, and zero Sells assigned in the past three months, as indicated by the graphic below. Furthermore, the average EADSF price target of $210.22 per share implies 17.9% upside potential.

Emmanuel Macron tries to keep cool but this one reaction exposed his anger over the viral face shove
Emmanuel Macron tries to keep cool but this one reaction exposed his anger over the viral face shove

Economic Times

time7 days ago

  • Politics
  • Economic Times

Emmanuel Macron tries to keep cool but this one reaction exposed his anger over the viral face shove

French President Macron and his wife Brigitte were seen in a tense moment on video before landing in Vietnam. Brigitte pushed his face, sparking debate. Macron says it was a joke, but experts aren't sure. The clip went viral just as Macron began his Asia tour. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads FAQs Tired of too many ads? Remove Ads French President Emmanuel Macron and his wife Brigitte Macron were caught on video during a moment that shocked many. In the video, Brigitte suddenly shoves Macron's face with both hands while they were in their plane, just before arriving in Vietnam on Sunday looked startled, then quickly waved to people outside the plane. Brigitte stayed inside the plane, so we couldn't see her face or reaction clearly. While they walked the stairs, Macron extended his arm to Brigitte, but she didn't accept it at first. Moments later, Macron was seen holding one fist James said this didn't look like a couple joking. She said, 'This wasn't playful. A hard face push that makes someone lose balance isn't funny.' She also said, there was no laughter or smiles after the push, which you'd expect if it were just teasing. Macron touched his own face afterwards, she said it looked like he was checking if he was Macron had done the same thing to Brigitte, people would not have called it a joke, she added. French officials first claimed the video was fake, then confirmed it was real. Macron said, 'I was joking with my wife, it's nothing.'A senior official from the Elysee Palace said they were 'just relaxing and laughing before the trip.' A close associate of Macron called it a harmless 'squabble.' After the incident went viral, Macron's team scrambled to control the even blamed pro-Russian social media accounts for spreading the video and twisting it. Macron warned people are twisting content and said "crackpots" are spreading false stories about him. French officials quickly said the object was just a tissue, not is in Vietnam, the first French president to visit in nearly 10 years. He wants to increase France's influence in its former colony. Vietnam's economy depends on exports and it's trying to buy more US goods to avoid high tariffs. But Europe is worried that Vietnam's shift to the US may hurt EU is on a week-long tour of Southeast Asia, will visit Vietnam, Indonesia, and Singapore. He wants France to be seen as a better partner than China or the US in Asia. According to reports, Macron said we need a world order based on law, not just power and also signed more than a dozen deals on defense, nuclear energy, and big deal was between VietJet and Airbus to buy 20 A330-900 planes. Macron visited a war memorial to honor Vietnamese who fought against French colonial rule. Macron also went to Temple of Literature, an 11 th century marvel and also met To Lam, leader of the Communist Party in promised to help Vietnam with clean energy, rail projects, and critical minerals. From coal to nuclear and renewable energy is what France wants for Vietnam. Macron also said France would defend international maritime law, citing their carrier strike group in the South China and Vietnam have a strong and close partnership. This is Vietnam's top-level friendship, which it also shares with countries like Russia, China, and the US. Macron and Brigitte will go to the UK in July for a state visit hosted by King Charles and Queen Camilla. Experts say the couple's body language will be watched closely now after this viral incident.Q1. Why did Brigitte push Macron's face?Macron says they were just joking, but some experts think it was serious.Q2. Where was Macron going when the video happened?He was landing in Vietnam at the start of a tour in Southeast Asia.

Emmanuel Macron tries to keep cool but this one reaction exposed his anger over the viral face shove
Emmanuel Macron tries to keep cool but this one reaction exposed his anger over the viral face shove

Time of India

time7 days ago

  • Politics
  • Time of India

Emmanuel Macron tries to keep cool but this one reaction exposed his anger over the viral face shove

French President Macron and his wife Brigitte were seen in a tense moment on video before landing in Vietnam. Brigitte pushed his face, sparking debate. Macron says it was a joke, but experts aren't sure. The clip went viral just as Macron began his Asia tour. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads FAQs Tired of too many ads? Remove Ads French President Emmanuel Macron and his wife Brigitte Macron were caught on video during a moment that shocked many. In the video, Brigitte suddenly shoves Macron's face with both hands while they were in their plane, just before arriving in Vietnam on Sunday looked startled, then quickly waved to people outside the plane. Brigitte stayed inside the plane, so we couldn't see her face or reaction clearly. While they walked the stairs, Macron extended his arm to Brigitte, but she didn't accept it at first. Moments later, Macron was seen holding one fist James said this didn't look like a couple joking. She said, 'This wasn't playful. A hard face push that makes someone lose balance isn't funny.' She also said, there was no laughter or smiles after the push, which you'd expect if it were just teasing. Macron touched his own face afterwards, she said it looked like he was checking if he was Macron had done the same thing to Brigitte, people would not have called it a joke, she added. French officials first claimed the video was fake, then confirmed it was real. Macron said, 'I was joking with my wife, it's nothing.'A senior official from the Elysee Palace said they were 'just relaxing and laughing before the trip.' A close associate of Macron called it a harmless 'squabble.' After the incident went viral, Macron's team scrambled to control the even blamed pro-Russian social media accounts for spreading the video and twisting it. Macron warned people are twisting content and said "crackpots" are spreading false stories about him. French officials quickly said the object was just a tissue, not is in Vietnam, the first French president to visit in nearly 10 years. He wants to increase France's influence in its former colony. Vietnam's economy depends on exports and it's trying to buy more US goods to avoid high tariffs. But Europe is worried that Vietnam's shift to the US may hurt EU is on a week-long tour of Southeast Asia, will visit Vietnam, Indonesia, and Singapore. He wants France to be seen as a better partner than China or the US in Asia. According to reports, Macron said we need a world order based on law, not just power and also signed more than a dozen deals on defense, nuclear energy, and big deal was between VietJet and Airbus to buy 20 A330-900 planes. Macron visited a war memorial to honor Vietnamese who fought against French colonial rule. Macron also went to Temple of Literature, an 11 th century marvel and also met To Lam, leader of the Communist Party in promised to help Vietnam with clean energy, rail projects, and critical minerals. From coal to nuclear and renewable energy is what France wants for Vietnam. Macron also said France would defend international maritime law, citing their carrier strike group in the South China and Vietnam have a strong and close partnership. This is Vietnam's top-level friendship, which it also shares with countries like Russia, China, and the US. Macron and Brigitte will go to the UK in July for a state visit hosted by King Charles and Queen Camilla. Experts say the couple's body language will be watched closely now after this viral incident.Q1. Why did Brigitte push Macron's face?Macron says they were just joking, but some experts think it was serious.Q2. Where was Macron going when the video happened?He was landing in Vietnam at the start of a tour in Southeast Asia.

VietJet Doubles Airbus A330neo Order with New Deal for 20 Jets
VietJet Doubles Airbus A330neo Order with New Deal for 20 Jets

Yahoo

time7 days ago

  • Business
  • Yahoo

VietJet Doubles Airbus A330neo Order with New Deal for 20 Jets

On Monday, Vietnamese budget airline VietJet placed a new order with Airbus (OTC:EADSY) for 20 A330neo wide-body jets. This agreement was signed in Hanoi by VietJet Chairwoman Nguyen Thi Phuong Thao and President Airbus International Wouter van Wersch. It doubles VietJet's firm orders for the A330neo to 40 aircraft, following a previous order for 20 A330neo planes placed in February 2024. An Airbus single-aisle aircraft overfly a major city, showcasing the airline services of the company. The signing took place during an official visit by French President Emmanuel Macron to Vietnam, where he met with Vietnamese President Luong Cuong. This order is estimated to be worth ~$8 billion at list price and is intended to support VietJet's expansion over the next decade. The airline plans to boost flights on high-capacity routes across the Asia-Pacific region and introduce future long-haul services to Europe. VietJet's current fleet consists entirely of Airbus aircraft, which includes 115 single-aisle A320 Family planes and 7 A330-300s. The airline also has 96 A320neo Family single-aisle aircraft on order. Airbus (OTC:EADSY) designs, manufactures, and delivers aeronautics and aerospace products, services, and solutions worldwide. It has three primary segments: Airbus, Airbus Helicopters, and Airbus Defence & Space. While we acknowledge the potential of EADSY to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than EADSY and that has 100x upside potential, check out our report about the cheapest AI stock. READ NEXT: and . Disclosure: None. This article is originally published at Insider Monkey.

France, Vietnam sign deals worth $10bn as Macron visits Hanoi
France, Vietnam sign deals worth $10bn as Macron visits Hanoi

TimesLIVE

time7 days ago

  • Business
  • TimesLIVE

France, Vietnam sign deals worth $10bn as Macron visits Hanoi

In statements to the press with no questions allowed, Macron reiterated France's support of freedom of navigation, an issue dear to Vietnam as it often clashes with Beijing over contested boundaries in the South China Sea. Macron added the partnership with Vietnam 'entails a reinforced defence co-operation', citing the signing of multiple projects on defence and space. Vietnam's President Luong Cuong said the defence partnership involved 'sharing information on strategic matters' and stronger co-operation in the defence industry, cybersecurity and antiterrorism. France ruled the Southeast Asian country for about 70 years until it was forced out in 1954 after a major defeat at Dien Bien Phu in northern Vietnam. Ties have improved in recent decades, being upgraded last year to Vietnam's highest level. On his trip, the first leg of a Southeast Asian tour that includes Indonesia and Singapore, Macron met Vietnamese leaders and will visit a university in Hanoi on Tuesday, before flying to Jakarta, the Indonesian capital. The deal with European aircraft manufacturer Airbus for Vietnam's low-cost airline VietJet to buy 20 A330neo wide-body aircraft follows last year's agreement for 20 of the jets. The companies did not announce the value of the deal or delivery schedule. The signing followed urging by European officials in recent weeks for Vietnam to be careful in concessions made to the White House, two officials based in Vietnam with knowledge of the discussions told Reuters, referring to concerns about Airbus. Airbus is the main supplier of jets to Vietnam, but with an economy heavily dependent on US exports, Vietnamese officials have signalled the possible purchase of at least 250 Boeing aircraft by flag carrier Vietnam Airlines and rival VietJet in moves meant to help cut the country's huge trade surplus with the US and possibly appease Trump. Airbus Defence and Space signed a separate declaration of intent with Vietnam on satellites. The company has long been in talks with Hanoi for the replacement of Vietnam's earth-observation satellite, built by Airbus' predecessor Eads and launched in 2013. The new pact involves 'exploring a future programme', Airbus said. During the visit, French transport company CMA CGM said it signed a deal with Saigon Newport to build a deepwater container terminal in North Vietnam by 2028 for a joint investment worth $600m (R10.71bn).

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