Airbus parent ends Farnborough week on a high, Boeing also stronger
Shares in Airbus’ parent, EADS, rallied 3.8% on Friday as the European manufacturer closed out a very successful week.
See related report: The Farnborough scorecard: 650 orders! Airbus tops Boeing as lessors come to the party
MTU Aero Engines and B/E Aerospace also closed the week strongly higher, while Safran also gained 3%. Boeing and Embraer both rose 2%.
Pratt and Whitney’s parent UTC was flat while Rolls-Royce eased 0.7%.
Selected Original Equipment Manufacturers daily share price movements (% change): 23-Jul-2010
Source: Centre for Asia Pacific Aviation & Yahoo! Finance
Travel supplier stocks were generally higher on Friday, led by China’s TravelSky Technology (+4.1%) and Expedia (+3.6%).
Selected Aviation Suppliers & Leasing daily share price movements (% change): 23-Jul-2010
Source: Centre for Asia Pacific Aviation & Yahoo! Finance