Airbus gains attention from fresh leasing orders supporting an undervalued narrative.
Context
What happened: Airbus (ENXTPA:AIR) drew attention after lessors Aviation Capital Group and Avolon each placed sizeable orders this month for A320neo and A330neo aircraft.
Key numbers: 1-day share price return 2.69%; 7-day gain 4.50%; 1-year total shareholder return down 1.63%; 5-year total shareholder return up 96.97%; latest close
Why it matters: The leasing orders arrive as the shares sit between a discounted intrinsic estimate and higher analyst targets, with the most followed narrative viewing Airbus as undervalued on planned profit growth, services and defence earnings, and buybacks.