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