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Stock Market & Financial Investment News

News Breaks
February 27, 2014
08:32 EDTEADSY, EACErickson Air-Crane, Airbus Helicopters sign MOU
Erickson Air-Crane Incorporated (EAC) announced the signing of a Memorandum of Understanding with Airbus Helicopters (EADSY) to explore opportunities in the following areas: (1) Support of Erickson fleet by Airbus Helicopters; (2) Optimization of Airbus Helicopters aircraft within the Erickson fleet; (3) Expansion into new markets; and (4) Industrial partnerships, including Erickson expanding its MRO, manufacturing, and engineering capabilities to support Airbus platforms. The Company noted that this agreement aligns well with Erickson’s strategic plan and broadened scope as related to 2013’s acquisitions of Evergreen Helicopters and Air Amazonia.
News For EAC;EADSY From The Last 14 Days
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January 21, 2015
09:04 EDTEADSYEmirates to buy 100 Airbus A380 if engine receives upgrade, Bloomberg says
Emirates has committed to buying 100 more Airbus A380 planes on the condition that the company upgrades its engines, reports Bloomberg. The offer comes as new A380 orders crawled to a halt in 2014 and Airbus focuses on its new A350 wide-body. The development of the new "Neo" engines would cut seat-mile costs by 10%-13%. Reference Link
January 14, 2015
17:11 EDTEACErickson awarded first off-shore oil & gas transport contract
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January 13, 2015
06:50 EDTEADSYBoeing, Airbus could be hurt by oil tumble, NY Times says
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06:16 EDTEADSYChina Aircraft Leasing firms up order for 100 Airbus A320 Family aircraft
China Aircraft Leasing Company firmed up its contract in December 2014 with Airbus for 100 A320 Family aircraft. The order comprises 74 A320neo, 16 A320ceo and 10 A321ceo. Including this new order, CALC’s total backlog with Airbus stands at 140 A320 Family aircraft.
06:12 EDTEADSYAirbus to equip long-haul jets with floatable black boxes, AFP reports
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