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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Alm Maye has been a trader and analyst since 2013. He is an expert in equity markets, Forex and cryptocurrencies. He is the creator of Almvest.com and Imveste.com, two sites dedicated to personal finance. He participates in the development of feature articles on specialized sites such as Actions-boursieres.fr, as well as the international network of Finixio.com.
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