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Stock Market & Financial Investment News

News Breaks
July 11, 2014
08:49 EDTRYCEY, EADSYAirbus sees upgraded A330 jet 14% more fuel efficient, WSJ reports
According to sources, Airbus (EADSY) is telling customers that it is planning its upgraded A330 jet, tentatively dubbed the A330neo, to be 14% more fuel-efficient and able to carry more passengers, the Wall Street Journal reports. Rolls Royce (RYCEY) would build a new engine, the Trent 7000, for the widebody jet, the sources add. Reference Link
News For EADSY;RYCEY 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 20, 2015
06:48 EDTRYCEYGE financing A350 jet with Rolls-Royce engine, Reuters reports
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