Airbus Regains €100 Billion Market Value Last Seen Before Covid
An Airbus A320neo passenger jet.
Photographer: Balint Porneczi/Bloomberg
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Airbus SE has clawed back a €100 billion ($110 billion) market value last reached before the coronavirus pandemic in early 2020 knocked the stock, as a rapid rebound in air travel swells the planemaker’s order book.
The Toulouse, France-based planemaker last had a market capitalization in excess of €100 billion in the early weeks of 2020, after which the shares suffered an unprecedented slump as travel restrictions and lockdowns forced airlines to park planes and Airbus to scale back output.