Airbus Group : Production rates reduced = value of aircraft protected
>Production rates adjusted by one-third vs the pre-Covid-19 pace - Yesterday evening, Airbus announced the adjustment to its production rate with a reduction of around one-third vs the pace prior to the Covid-19 crisis. As such, the monthly production rate is reduced to 40 A320 (vs a rate of just above 60), 2 A330 (vs 3.5) and 6 A350 (vs between 9 and 10). The press release contained no detail on the A220 but the aim would be to resume the previous rate which would st...Airbus is an European Aeronautic Defense and Space company whose core business is the manufacturing of commercial aircraft, civil and military helicopters, commercial space launch vehicles, missiles, military aircraft, satellites and defense systems and defense electronics and the rendering of services related to these activities. Co. organizes its businesses into the following five operating divisions: Airbus Commercial, Airbus Military, Eurocopter, Cassidian and Astrium. In addition, Co.'s Other Businesses division engages in the development, manufacturing, marketing and sale of regional turboprop aircraft and aircraft components.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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