|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||120.00 - 123.39|
|52-week range||99.49 - 141.50|
|Beta (5Y monthly)||1.96|
|PE ratio (TTM)||20.35|
|Forward dividend & yield||N/A (N/A)|
|Ex-dividend date||20 Apr 2020|
|1y target est||N/A|
Airbus is capitalising on the explosion in demand for air freight by renting out the huge planes it uses to transport wings between its factories.
Airbus plans to charter out its whale-shaped Beluga transport planes - whose main job until now has been to ferry aircraft parts between its plants in Europe - to help other industries haul urgently-needed outsized machinery by air. Airbus said the move to rent out spare capacity on its existing Beluga ST and new Beluga XL transporters would lead to the creation of a commercial-cargo airline subsidiary from 2023. Weeks after ending output of the world's largest passenger jet, the A380, Airbus is planning a new role for what could be the West's largest commercial freighter by volume, the Beluga.
PARIS (Reuters) -Airbus on Thursday raised the stakes in a dispute with major customer Qatar Airways over grounded and undelivered A350 jets by announcing it had revoked a separate contract for 50 smaller A321neo jets the airline plans to use for new routes. The move widens a dispute that moved closer towards a rare courtroom clash on Thursday, with a procedural hearing over Qatar's claim for more than $600 million in compensation over A350 flaws pencilled in for the week of April 26 in London. Airbus revealed it was walking away from the contract for A321neos in skeletal arguments presented during a scheduling session over the A350 dispute at a division of Britain's High Court on Thursday, people familiar with the matter said.