Airbus Group : Delayed upturn in production rate confirmed but upward trend clearly in evidence
>Delayed production rate increase - Airbus yesterday evening issued a press release updating its production schedule, with adjustments mainly focused on the A320 family. In detail, Airbus now expects: i/ growth in the production rate for the A320 family from 40 per month to 43 in Q3 ahead of another increase to 45 in Q4 vs a rise to 47 as of July previously, ii/ a continuation of the wide-body production rate, at 5 per month for the A350 and 2 per month for the A330, ...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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