Airbus SE News
Airbus SE is a European aircraft maker. It is one of the biggest companies of its kind in the world, producing over 50% of the world’s airliners. The company builds passenger, cargo and military-transport aircrafts. Each year, the company fulfils orders for an average of 400 airplanes.
It came into being in 1967, as a result of a merger between several European aircraft producers, and has its headquarters in Blagnac, France. The company is 100% owned by the Airbus Group.
In January 2019, Fitch Ratings affirmed Airbus SE’s international long-term issuer rating at “A-”, with a “stable” outlook.
Meanwhile, Moody’s also affirmed its issuer rating at “A2”, again with a “stable” outlook.
Airbus SE Shares
After the 2008 crisis, the company’s share price bottomed out at €8.39. As of March 2009, it has been on a steady uptrend. Over the past 10 years, the company’s stock has increased in value by 1500%. This kind of share price behaviour lends itself to a trend-based trading strategy.
Revenue of the company
Between January and March of this year, Airbus delivered 162 aircraft to its customers, compared to 121 the year before. According to the company’s Q1 2019 results, its revenue rose by 24% and is annualised to reach €12.55 billion.