Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. France
  4. Euronext Paris
  5. Airbus SE
  6. News
  7. Summary
    AIR   NL0000235190

AIRBUS SE

(AIR)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Court grants Malaysia's AirAsia X extension to hold creditors meeting by March

09/15/2021 | 06:46am EDT
FILE PHOTO: AirAsia planes are seen on the tarmac of Kuala Lumpur International Airport 2 (KLIA2) in Sepang

KUALA LUMPUR (Reuters) - Malaysia's long-haul budget carrier AirAsia X Bhd (AAX) has obtained court permission to extend the deadline to convene its creditor meetings to March next year, it said on Wednesday.

AirAsia X said the High Court granted an order for an extension until March 17 for it to convene separate meetings of the creditors "for the purpose of considering and, if thought fit, approving with or without modification" a restructuring scheme to be proposed.

In February, it was granted court approval to convene the separate meetings https://www.reuters.com/article/airasia-x-restructuring-idUSL1N2KS094 with different groups of creditors to vote on its proposal within 180 days.

The court had separated the airline's 14 creditors into three classifications -- the first for airport operator Malaysia Airports Holdings Bhd, the second for other creditors, and the third for planemaker Airbus SE.

AAX, an affiliate of AirAsia Group, proposed last October to restructure 64.15 billion ringgit of debt and has faced objections to its scheme from some creditors.

The airline said the alternative was liquidation with no returns to creditors. AAX will need approval from creditors at the meetings holding at least 75% of the money owed.

(Reporting by Liz Lee, Editing by Louise Heavens)


ę Reuters 2021
Stocks mentioned in the article
ChangeLast1st jan.
AIRASIA GROUP BERHAD -0.91% 1.09 End-of-day quote.23.16%
AIRASIA X BERHAD 0.00% 0.09 End-of-day quote.20.00%
AIRBUS SE -1.62% 108.06 Real-time Quote.22.28%
MALAYSIA AIRPORTS HOLDINGS BERHAD -0.30% 6.58 End-of-day quote.11.15%
All news about AIRBUS SE
10/21Qantas to step up international flying amid 'massive demand' from Australians
RE
10/21QANTAS AIRWAYS : to step up international flying amid 'massive demand' from Australians
RE
10/21TRACKINSIGHT : Hydrogen ETFs attract more $700 million of flows in 2021
TI
10/21AIRBUS : Successful deployment of giant reflector for forest monitoring satellite Biomass
PU
10/21AIRBUS : Scandinavian Airlines has signed a 5 year contract with Airbus becoming the lates..
PU
10/21AIRBUS : Biomass, the European Space Agency's (ESA) forest measuring satellite has passed ..
PU
10/21Qantas prepares planes for Sydney's reopening
RE
10/20AIRBUS : receives first A320 Flight Hour Services maintenance contract in Europe to suppor..
PU
10/20AIRBUS : Everything you need to know about the H135, its latest innovations, and how it is..
PU
10/20AIRBUS : Finnair has selected Airbus's Flight Hour Services (FHS) to support its entire A3..
PU
More news
Analyst Recommendations on AIRBUS SE
More recommendations
Financials
Sales 2021 52 710 M 61 417 M 61 417 M
Net income 2021 2 778 M 3 237 M 3 237 M
Net cash 2021 5 850 M 6 817 M 6 817 M
P/E ratio 2021 28,0x
Yield 2021 0,77%
Capitalization 86 263 M 100 B 101 B
EV / Sales 2021 1,53x
EV / Sales 2022 1,31x
Nbr of Employees 126 050
Free-Float 74,1%
Chart AIRBUS SE
Duration : Period :
Airbus SE Technical Analysis Chart | AIR | NL0000235190 | MarketScreener
Technical analysis trends AIRBUS SE
Short TermMid-TermLong Term
TrendsBearishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 21
Last Close Price 109,78 €
Average target price 139,61 €
Spread / Average Target 27,2%
EPS Revisions
Managers and Directors
Guillaume Faury Chief Executive Officer
Dominik Asam Chief Financial Officer
RenÚ Richard Obermann Chairman
Sabine Klauke Chief Technical Officer
Alberto Jose Gutierrez Moreno Chief Operating Officer
Sector and Competitors
1st jan.Capi. (M$)
AIRBUS SE22.28%100 341
THE BOEING COMPANY-0.51%124 833
TEXTRON INC.54.40%16 725
DASSAULT AVIATION SA1.45%8 804
AVIC ELECTROMECHANICAL SYSTEMS CO.,LTD.24.10%8 596
AVICOPTER PLC-6.63%5 406