Airbus action: what impact will the new agreement with easyJet have on the price of AIR?





Airbus (AIR) price: what is the current price?

Here is the live course from Airbus. This may interest you: Meta Platforms stock Opinion: should you buy Facebook (FB) stock at the current price?.

At the same time, a previous order of 18 A320neos scheduled for delivery between 2024 and 2027 will be converted into the purchase of 18 A321neos, the stretched version of the A320.

« The proposed purchase consolidates our orders with Airbus between fiscal years 2026 and 2029, continuing the airline’s fleet renewal [et] thereby delivering benefits to easyJet through up gauging, cost savings and sustainability improvements explains Johan Lundgren, CEO of easyJet.

Confidence despite lower deliveries

The new contract with easyJet comes at a time when Airbus has recorded a drop 6 % year-over-year aircraft deliveries for the month of May. Despite this poor performance, CEO Guillaume Faury remains determined to meet the target of 720 deliveries by the end of the year.

According to analyst Daniela Costa working for the American investment bank Goldman Sachs, the title Airbus remains a buying opportunity with a target price of 182 euros.

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See also  Corona news: TUI is going to cancel all holiday trips to Spanish islands

Be vigilant and consult your financial adviser before making any investment decision. Mirror-Mag cannot be held responsible in the event of bad investments. Before using any third-party service, you should do your own research.

Almmaye
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