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Global Financial Pulse: Airbus Navigates Delivery Hurdles, Iraq Engages on Syria Stability, and Dorad Energy Faces Revenue Dip
Stock Market Newsยท 2025-11-30 18:08
Airbus SE - Airbus SE is under pressure to meet its 2025 delivery target of approximately 820 aircraft, having delivered 507 jets by September, requiring 313 additional deliveries in the last quarter [2][7] - The company faces challenges due to supply chain disruptions, particularly in engine supply from manufacturers like CFM International and Pratt & Whitney, leading to a backlog of undelivered aircraft [2][7] - Despite these challenges, Airbus executives express cautious optimism about achieving the target, citing signs of recovery in engine supply [3] - Airbus reported robust third-quarter earnings, driven by strong performance in its defense and space unit [3] - The company secured a significant order for 100 A321neo aircraft from Vietjet Air, indicating strong global demand for fuel-efficient jets [3] - Airbus is advancing plans to consolidate its space business with rivals Thales and Leonardo to enhance competitiveness [3] Dorad Energy Ltd. - Dorad Energy Ltd., an indirect holding of Ellomay Capital Ltd., reported a loss for the three months ended June 30, 2025, primarily due to an increase of approximately NIS 72.7 million in financing expenses [5] - The surge in financing expenses was largely attributed to NIS/USD exchange rate differences affecting USD-denominated deposits [5] - Dorad's revenues in June 2025 decreased by approximately 22% compared to the same month in the previous year, influenced by ongoing military operations [5] - As of July 22, 2025, Ellomay Luzon Energy increased its indirect share in Dorad to approximately 16.9% by acquiring an additional 15% of Dorad's share capital [5]