Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Euronext Paris  >  Airbus SE    AIR   NL0000235190

AIRBUS SE (AIR)
Mes dernières consult.
Most popular
  Report  
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets

AIRBUS : VivaAerobus starts A320 operations in Mexico

share with twitter share with LinkedIn share with facebook
share via e-mail
0
05/14/2014 | 10:38am CET

Mexico City-based VivaAerobus formally launched its fleet transition to A320 aircraft today, after the airline started operating its first three Airbus A320 aircraft in April. The low cost carrier will receive an additional two A320s before the end of 2014. The A320s, powered by IAE, are configured in an all economy 180 seat configuration, 32 additional seats or a 22 percent increase in capacity as compared to VivaAerobus' existing fleet of 737-300s.

The A320s will bring VivaAerobus improved fuel efficiency, performance and range, allowing the airline to ultimately expand its network service throughout Mexico and beyond. The aircraft will be based in the airline's Cancun hub and fly to Mexico City, Monterrey, Veracruz, Tuxtla Gutierrez, Reynosa and Torreon. Additionally, the aircraft will operate from Mexico City to Reynosa and from Monterrey to Mazatlan.

By the end of 2016, the airline will have completed its fleet transition from 737-300 to become an all-Airbus operator. In October 2013 VivaAerobus signed a purchase agreement for 52 Airbus A320 Family aircraft (40 A320neo and 12 A320ceo), representing the biggest Airbus aircraft order by a single airline in Latin American history.

"In less than a month that our A320ceo have been operating, we are pleased to see that our passengers are genuinely surprised with the comfort and reliability the aircraft offers," said Juan Carlos Zuazua, CEO of VivaAerobus. "We are also beginning to experience the A320's excellent fuel and operational efficiencies. We expect to see fuel reductions of up to 30 percent as compared to our actual model, the 737-300, which will help VivaAerobus reduce its costs even more, translating into lower fares for our passengers."

"We congratulate VivaAerobus for commencing their A320 operations today," said John Leahy, Airbus Chief Operating Officer, Customers. "The economic efficiency of our A320 Family will lift VivaAerobus to new heights, while their passengers can enjoy the space and comfort only the wider Airbus cabins do offer. We wish our new Airbus operator a bright future!"

The Airbus A320 has the lowest operating costs of any single-aisle aircraft and offers a wider cabin than competing single aisle products, enabling wider seats, a wider aisle and more personal space for the passengers. Transitioning to the world's most efficient single aisle aircraft will translate into cost savings for the airline, ultimately allowing VivaAerobus to lower fares for its customers.

The A320 Family is the world's best-selling and most modern single aisle aircraft Family. To date, over 10,200 aircraft have been ordered and over 6,000 delivered to operators worldwide.

More than 500 Airbus aircraft are in operation throughout Latin America and the Caribbean, with more than 800 aircraft sold and a backlog of nearly 400 yet to be delivered. In the last 10 years, Airbus has tripled its in-service fleet, while delivering more than 60 per cent of all aircraft operating in the region.

Contacts for the media
Liana Sucar-Hamel + 1.305.213.0642
Eduardo Galicia + 33 5 611 888 44
distributed by
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on AIRBUS SE
02/22Boeing may bid to supply Canadian fighter jets despite trade row
RE
02/22Corporate Europe turns a corner with latest results
RE
02/21Hawaiian Dumps Airbus Order for Boeing Jets
DJ
02/21Boeing CEO says Embraer acquisition is a 'not a must do'
RE
02/21AIRBUS : Pratt & Whitney says finds solution for Airbus engine issues
RE
02/21AIRBUS : Pratt & Whitney says finds solution for Airbus engine issues
RE
02/20Qatar says may switch part of A350 order to biggest model
RE
02/20Qatar says may switch part of A350 order to biggest model
RE
02/20Qatar says may switch part of A350 order to biggest model
RE
02/20Airbus sees A320neo progress, upbeat on A350 suppliers
RE
More news
News from SeekingAlpha
02/22Boeing 787 Profile Improves By $2.4B 
02/22Boeing applies to stay in race to supply fighter jets to Canada 
02/22EUROSTOXX 50 DAILY : Lower Values After Disappointing PMI Data 
02/21REPORT : Boeing flips Airbus order at Hawaiian Air 
02/21The Start Of A New Order Battle 
Financials (€)
Sales 2018 69 248 M
EBIT 2018 5 112 M
Net income 2018 3 553 M
Finance 2018 10 472 M
Yield 2018 1,82%
P/E ratio 2018 21,70
P/E ratio 2019 17,21
EV / Sales 2018 0,94x
EV / Sales 2019 0,85x
Capitalization 75 643 M
Chart AIRBUS SE
Duration : Period :
Airbus SE Technical Analysis Chart | AIR | NL0000235190 | 4-Traders
Technical analysis trends AIRBUS SE
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 27
Average target price 99,6 €
Spread / Average Target 2,0%
EPS Revisions
Managers
NameTitle
Denis Ranque Non-Executive Chairman
Fabrice Brégier COO & President-Airbus Commercial Aircraft
Harald Wilhelm Chief Financial Officer
Luc Hennekens Chief Information Officer
Marc Fontaine Chief Technology Officer
Sector and Competitors
1st jan.Capitalization (M$)
AIRBUS SE17.66%92 782
UNITED TECHNOLOGIES CORPORATION-0.87%103 379
LOCKHEED MARTIN CORPORATION11.72%101 966
GENERAL DYNAMICS9.03%65 548
RAYTHEON15.27%62 260
NORTHROP GRUMMAN CORPORATION14.16%61 073