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Stock Market & Financial Investment News

News Breaks
June 11, 2014
06:07 EDTEADSYAirbus, Emirates Airline agree to cancel A350 XWB order
Airbus confirms that Emirates Airline has decided to cancel its order of 70 A350 XWB aircraft. The decision follows on-going discussions with the airline in light of their fleet requirement review, as demonstrated by their order of 50 additional A380 at the last Dubai Airshow and their continuous interest in the program. The order of 50 A350-900 and 20 A350-1000 was originally placed by Emirates Airline in 2007 with first delivery slots scheduled from 2019. Airbus is very confident in its A350 XWB program. Airbus expects the A350 order book to continue growing in 2014.
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August 28, 2014
07:15 EDTEADSYQantas changes Airbus A320 orders to revamped option, Reuters says
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August 19, 2014
16:45 EDTEADSYBombardier shakes up commercial aircraft marketing division, WSJ says
Canadian transportation company Bombardier (BDRBF) has replaced its commercial aircraft marketing chief Philippe Poutissou with Ross Mitchell, says the Wall Street Journal. The moves come as part of a broader restructuring of Bombardier's marketing division as the company competes with Boeing (BA) and Airbus Group (EADSY), added the Wall Street Journal. Reference Link

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