Latest news with #all-Airbus
Yahoo
4 days ago
- Business
- Yahoo
Why Shares in Airbus Took Off Today
A wide-body aircraft order boosted optimism in Airbus' ability to compete with Boeing in this market. Boeing and Airbus are struggling to ramp up production to pre-COVID-19 levels, and the new order helps restore confidence in airlines' willingness to place orders despite extended lead times. 10 stocks we like better than Airbus SE › Shares in European aerospace giant Airbus (OTC: EADSY) rose by as much as 4% in early-morning trading today. The move follows the announcement that Vietnam's Vietjet airline has doubled its orders of wide-body Airbus A330neo aircraft to 40 from 20 during French President Macron's visit to the country. The airline already operates an all-Airbus fleet , comprising 116 narrow-body A320 family aircraft and seven wide-body A330s in operation. Therefore, the order isn't a new "logo" win for Airbus. Instead, it's an expansion of orders in the lucrative wide-body market: planes used for longer-haul flights. It's also a shot in the arm for Airbus' wide-body programs, notably the A330neo, which only had 82 orders in 2024, and just 10 orders in 2025 (from Saudi Group) in 2025 before the Vietjet order. Airbus is typically seen as leading in the narrow-body market, not least due to Boeing's problems with the 737 MAX, but lagging its American rival in the wide-body market, where the 787 Dreamliner (the A330's primary competition) and the forthcoming 777X offer formidable competition. Airbus and Boeing continue to grapple with supply chain issues that pose potential restraints on production capacity, and there is a concern that extended delivery delays could lead airlines to forgo orders, particularly in the wide-body market. As such, the Vietjet order will help restore confidence in Airbus's order trajectory and, more importantly, airlines' willingness to place orders for aircraft in an uncertain trading environment. 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 $639,271!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $804,688!* Now, it's worth noting Stock Advisor's total average return is 957% — a market-crushing outperformance compared to 167% 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 Lee Samaha 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 Shares in Airbus Took Off Today was originally published by The Motley Fool Sign in to access your portfolio
Wales Online
7 days ago
- Business
- Wales Online
Airbus secures new £5.5bn deal for widebody planes
Our community members are treated to special offers, promotions and adverts from us and our partners. You can check out at any time. More info Airbus has secured a major new deal for one of its widebody planes. Vietjet, Vietnam's largest private airline, has placed a new order with Airbus for 20 A330-900 aircraft to support strategic expansion over the next decade. It is worth around £5.5bn at list prices. This long-term order will support Vietjet's ongoing international network expansion, enabling the airline to increase flights on high capacity routes across the Asia-Pacific region, as well as to introduce new future long haul services to Europe. Wings for the planes will be made at Airbus Broughton. Vietjet Chairwoman Nguyen Thi Phuong Thao said: 'Modern Airbus aircraft, with the latest levels of efficiency and lower fuel consumption, have accompanied Vietjet's growth and will continue to support our global flight network expansion. Vietjet remains dedicated to delivering greater connectivity and sustainable air travel for millions of passengers and around the world.' The new contract with Vietjet doubles its firm orders for the A330neo to 40 aircraft. In addition, the carrier has 96 A320neo Family single aisle aircraft on order. Vietjet currently operates an all-Airbus fleet comprising 115 single aisle A320 Family aircraft and seven A330-300s. Benoît de Saint-Exupéry, EVP Sales Commercial Aircraft at Airbus said: 'Vietjet has established itself as one of the fastest-growing airlines in the world, bringing low fares with warm Vietnamese hospitality. We are proud that the carrier has selected the A330neo as its widebody aircraft of choice to build on its success, and we look forward to continuing our partnership as Vietjet expands its reach.' Powered by the latest generation Rolls-Royce Trent 7000 engines, the A330-900 is capable of flying 7,200 nm / 13,300 km non-stop. Sign up for the North Wales Live newsletter sent twice daily to your inbox
North Wales Live
26-05-2025
- Business
- North Wales Live
Airbus secures new £5.5bn deal for widebody planes
Airbus has secured a major new deal for one of its widebody planes. Vietjet, Vietnam's largest private airline, has placed a new order with Airbus for 20 A330-900 aircraft to support strategic expansion over the next decade. It is worth around £5.5bn at list prices. This long-term order will support Vietjet's ongoing international network expansion, enabling the airline to increase flights on high capacity routes across the Asia-Pacific region, as well as to introduce new future long haul services to Europe. Wings for the planes will be made at Airbus Broughton. Vietjet Chairwoman Nguyen Thi Phuong Thao said: 'Modern Airbus aircraft, with the latest levels of efficiency and lower fuel consumption, have accompanied Vietjet's growth and will continue to support our global flight network expansion. Vietjet remains dedicated to delivering greater connectivity and sustainable air travel for millions of passengers and around the world.' The new contract with Vietjet doubles its firm orders for the A330neo to 40 aircraft. In addition, the carrier has 96 A320neo Family single aisle aircraft on order. Vietjet currently operates an all-Airbus fleet comprising 115 single aisle A320 Family aircraft and seven A330-300s. Benoît de Saint-Exupéry, EVP Sales Commercial Aircraft at Airbus said: 'Vietjet has established itself as one of the fastest-growing airlines in the world, bringing low fares with warm Vietnamese hospitality. We are proud that the carrier has selected the A330neo as its widebody aircraft of choice to build on its success, and we look forward to continuing our partnership as Vietjet expands its reach.'
New Straits Times
19-05-2025
- Business
- New Straits Times
Airbus sees A220 as key to Malaysia's next phase of aviation growth
PUTRAJAYA: Airbus AE is eyeing Malaysia as a key market for its A220 aircraft given the country's position as a regional aviation hub and its growing demand for efficient, next-generation jets that are capable to fly both the short-haul and long-haul routes. Airbus Asia Pacific president Anand Stanley said the company is seeing the A220 as the perfect aircraft for the next stage of growth in Malaysia. "Malaysia is already a great interconnector between China and India and Asean, and the A220 can cover this region perfectly for long, thin routes, but it can also cover the regional routes perfectly within Malaysia to create that feeder network for what we would call longer regional routes or even intercontinental routes," he said in a media briefing at Airbus' new officer here today. Stanley said Airbus is currently in discussions with Malaysian carriers, although no deals have been finalised yet. "We are still only in conversations, but we do hope that, even though I cannot comment on timing, that because of the inherent demand, and the nature of Malaysia as a strong hub, that we can see the A220 in Malaysia," he added. He also said the A220 is positioned as a clean-sheet design aircraft, the only one in its category, and it stands out for its fuel efficiency, passenger comfort and advanced technology. "It is also the only aircraft that can, when you look at in terms of materials, technologies, efficiency, and carbon emissions per seat, it is unparalleled," Stanley said, adding that airlines consistently favour the A220 over its competitors. "Three out of four times, the customers have chosen the A220 over all its competitors. "Why is that? It's because when you look at airline experience, customer experience, and then the capability of the aircraft, it's the perfect regional aircraft. It's also the perfect long, thin route aircraft. It is unparalleled for all these reasons," Stanley said. Current A220 operators in Asia Pacific include Korean Air and Australia's Qantas. Air Niugini, the flag carrier of Papua New Guinea, will also be flying the A220. Malaysia is seeing some 150 Airbus commercial aircraft in service with local airlines. AirAsia is a major operator of the A320 Family and A330, while Malaysia Airlines Bhd operates an all-Airbus wide-body fleet, including the recently delivered A330neo (new engine option) and A350 long range leader.
The National
06-05-2025
- Business
- The National
Flynas IPO: Saudi Arabian airline to list 30% of shares
Saudi Arabia's low-cost airline Flynas plans to launch an initial public offering on the Tadawul stock exchange with a 30 per cent stake sale, amid the kingdom's ambitions to grow its aviation sector. The company will offer 51.25 million shares to investors, including 17.42 million new shares amounting to 10.2 per cent of the total offer, becoming the first airline to be listed on the Tadawul, it said on Monday. It will also be the first airline to be listed in the Gulf in nearly two decades. Flynas, which has billionaire businessman Prince Alwaleed bin Talal as one of its main backers, said the bookbuilding period will run from May 12 to May 18. The retail subscription will open on May 28 and close on June 1. The IPO is a 'strategic step that will accelerate the execution of our growth ambitions and solidify our position as the leading low-cost carrier for short- and medium-haul flights across the Middle East and North Africa by 2030", said Bander Al Mohanna, chief executive and managing director of Flynas. 'We remain focused on strengthening our market share on key domestic routes while strategically expanding into underserved international markets,' he said. 'The Hajj and Umrah segment is a cornerstone of our strategy, and we are well-positioned to serve the growing demand for religious travel to the holy cities of Makkah and Madinah.' Flynas, which began operations as Nas Air in 2007, currently serves 72 domestic and international destinations. The company reported a net profit of 434 million Saudi riyals ($115.7 million) last year, up from 401 million in 2023. Its revenue last year also rose by about 17 per cent to 7.5 billion riyals. The airline carried 10.9 million passengers in the first nine months of last year, up from 7.9 million during the same period in 2023. The all-Airbus operator, which has a fleet of 61 aircraft, said in February that it expects to receive more than 100 Airbus aircraft over the next five years, with its fleet anticipated to reach more than 160 aircraft by the end of 2030. These form part of its orders for 280 aircraft worth over 161 billion riyals. It will include the addition of 30 A330 neo wide-body aircraft. 'Our ambitious fleet expansion – including the addition of wide-body aircraft – will further support our growth across all key segments,' Mr Al Mohanna said. The move to list the low-cost airline comes amid Saudi Arabia's broader aviation sector strategy that seeks to unlock $100 billion in private and government investment across the kingdom's airports, airlines and aviation support services. As part of the strategy, the kingdom aims to welcome 330 million passengers, ensure connectivity with 250 destinations and develop cargo capacity of 4.5 million tonnes by 2030. Under that plan, it also established the new carrier Riyadh Air, which will begin operations this year. The listing of Flynas also comes amid a surge in IPOs in Saudi Arabia and growing investor demand. The kingdom led the Gulf region in terms of volumes with 15 Tadawul IPOs and 27 Nomu listings last year, according to PwC. The companies raised more than $4.3 billion from the listings.
