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123 lines
2.1 KiB
123 lines
2.1 KiB
3 years ago
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Alias: ["Airbus SA", "AIR.PA"]
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Tag: ["Industrial", "Manufacturer", "Airplaine"]
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Date: 2021-08-17
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DocType: "Investment"
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Hierarchy: "NonRoot"
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TimeStamp: 2021-08-17
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location: [43.6243743,1.3855358]
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Investment:
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Type: "Equity"
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Style: "Carry"
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Stage: "Mature"
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Ccy: EUR
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Trading:
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PDate: 2021-02-26
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PPrice: 96.74
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---
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Parent:: [[Equity Investments|Equity Investment]]
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---
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```button
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name Edit Investment parameters
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type command
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action MetaEdit: Run MetaEdit
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id EditMetaData
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```
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^button-AirbusInvEdit
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```button
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name Save
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type command
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action Save current file
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id Save
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```
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^button-AirbusInvSave
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# Airbus
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```ad-abstract
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title: Summary
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collapse: open
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Airplane and broader flying stock manufacturer, based in France. Operates in a bi-polar industry with high barriers to entry.
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```
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```toc
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style: number
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```
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---
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### Investment thesis
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Invested during COVID as airline traffic and associated activity was at its lowest to benefit from gradual normalisation of incompressible air traffic.
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Underlying long-term transformation story with the requirement to produce less polluting propulsors and more energy-efficient planes, where Airbus is a leader.
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Relative versus Boeing having troubles with their latest mid-range offering.
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---
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### Risk profile
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<mark class="green">Low risk</mark>
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Established portfolio of products; highly subsidised; industry with high barriers to entry.
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---
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### News & corporate activity
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#### Current pipeline
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Currently, Airbus' pipeline in a nutshell:
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- <mark style="background:grey">Commercial fleet</mark>: roll out of their new mid-range plane
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- <mark style="background:grey">Commercial fleet</mark>: developpment of their long-range offering
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#### Innovation
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Innovation has two main pillars:
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- <mark style="background:green">ESG</mark>: Reduction of propulsor's gas emissions
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- <mark style="background:green">ESG</mark>: Fuel efficiency through propulsor & plane design
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---
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### Further steps
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Further steps are captured in the [[Equity Tasks|Equity task list]]
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