June 25, 2011 | In: Trivia

What Is Airbus Stock Ticker?

I just learned today that Air Asia ordered 200 Airbus 320 planes. Apparently, the deal was closed 2 days ago (June 23rd, 2011). Immediately, I wanted to know what Airbus stock ticker is, just to see how much the stock has jumped for this huge order (which, according to many sources, is the largest order made by any company for commercial airplanes, and is worth $15.6 billion).

To my surprise, I couldn’t find any Airbus stocks listed (I searched on Google finance). After a small research, I discovered that Airbus falls under a Dutch company called “European Aeronautic Defence and Space Company“. The company is listed under Euronext Paris, a European stock exchange, and its stock symbol is EAD.

EAD was only up 3% since the deal was made public, which is not much, since EADS market cap is only $18.30 billion (I think the stock should have gone up way more, again, the deal is for $15.6 billion.)

I think I’ll watch EAD for the next couple of months, although I cannot trade it (I can only trade stocks listed in Canadian and US markets).

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