Key Takeaways
- Airbus SE (AIR) faces an uphill battle to meet its ambitious 2025 delivery target of 820 aircraft, needing to deliver approximately 313 jets in the final quarter amidst persistent engine supply chain disruptions.
- Iraqi Prime Minister Mohammed Shia' al-Sudani engaged with US Special Envoy to Syria Tom Barrack on strategies to bolster Syria's stability, security, and economic recovery, underscoring Iraq's pivotal regional role.
- Dorad Energy Ltd., a key indirect holding of Ellomay Capital Ltd. (ELLO), reported a 22% year-over-year decrease in June 2025 revenues and an increase of approximately NIS 72.7 million in Q2 2025 financing expenses due to currency fluctuations.
European aerospace giant Airbus SE (AIR) is entering the final month of 2025 under immense pressure to meet its ambitious annual aircraft delivery target of approximately 820 planes. As of September, the company had delivered 507 jets, necessitating the handover of roughly 313 additional aircraft in the remaining three months of the year. This challenging pace is largely attributed to persistent supply chain disruptions, particularly a slow intake of engines from key manufacturers like CFM International and Pratt & Whitney, which has resulted in a backlog of undelivered "gliders," or planes awaiting engines.
Despite these operational hurdles, Airbus executives, including CEO Guillaume Faury, have expressed cautious optimism about achieving the target, citing signs of recovery in engine supply. The company's third-quarter 2025 earnings, reported in late October, were robust, buoyed by a strong performance in its defense and space unit. Adding to the positive momentum, Airbus recently secured a significant order for 100 A321neo aircraft from Vietnam's Vietjet Air in early November, reflecting strong global demand for its fuel-efficient jets. The planemaker is also advancing plans to consolidate its space business with rivals Thales and Leonardo to enhance scale and competitiveness.
In the Middle East, Iraqi Prime Minister Mohammed Shia' al-Sudani held discussions with US Special Envoy to Syria Tom Barrack in Baghdad, focusing on Iraq's crucial role in supporting Syria's stability, security, and economic recovery. The talks aimed at identifying "practical ways Iraq can support Syria's stability, security, prosperity and economic recovery," while simultaneously reinforcing Iraq's own stability. Prime Minister al-Sudani underscored the deep linkage between Syria's security and Iraq's national security, highlighting its importance for broader regional stability. Iraq has consistently reaffirmed its support for Syria's territorial integrity and its rejection of foreign interference. Earlier in August, discussions between al-Sudani and Syrian Energy Minister Mohammed Al-Bashir explored strengthening bilateral energy cooperation and the potential revival of the strategic Kirkuk-Banias oil pipeline.
Meanwhile, Ellomay Capital Ltd. (ELLO) announced the publication of financial statements for its indirect holding, Dorad Energy Ltd., for the three and nine months ended September 30, 2025. For the three months ended June 30, 2025, Dorad Energy reported a loss primarily due to an increase of approximately NIS 72.7 million in financing expenses. This surge in expenses was largely attributed to NIS/USD exchange rate differences impacting USD-denominated deposits. Additionally, Dorad's revenues in June 2025 saw a decrease of approximately 22% compared to the same month in the previous year, partly influenced by ongoing military operations. As of July 22, 2025, Ellomay Luzon Energy, through which Ellomay Capital holds its stake, increased its indirect share in Dorad to approximately 16.9% by acquiring an additional 15% of Dorad's share capital.
Ed Liston is a senior contributing editor at TheStockMarketWatch.com. An active market watcher and investor, Ed guides an independent team of experienced analysts and writes for multiple stock trader publications.