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Stock Market & Financial Investment News

News Breaks
July 12, 2014
18:08 EDTGE, ESYJY, EADSY, UTXeasyJet said to choose GE-Safran engine for Airbus jets, WSJ says
easyJet (ESYJY) is set to order engines from a partnership of General Electric (GE) and France's Safran to power 100 Airbus Group (EADSY) NV A320neo jets, says the Wall Street Journal. According to the WSJ report United Technologies (UTX) unit Pratt & Whitney was also aggressively competing for the order. Reference Link
News For GE;ESYJY;EADSY;UTX From The Last 14 Days
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July 14, 2014
09:06 EDTGEEmirates signs $13B GE9X services agreement
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07:58 EDTUTXUnited Technologies' PurePower and V2500 engines selected by VivaAerobus
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07:43 EDTGEGE far ahead of Caterpillar in race for cleaner diesel train, WSJ says
Caterpillar (CAT) has fallen far behind in the race to offer a locomotive that meets stricter emission standards taking effect next year, with its Electro-Motive Diesel unit stating that its freight trains probably won't be available until 2017, while General Electric (GE) is already testing trains that comply with the new rules, reported The Wall Street Journal. Reference Link
07:40 EDTEADSYBoeing aims for 737 higher-capacity model, Reuters says
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07:32 EDTEADSYAerCap exercises options to purchase fifty A320neo aircraft from Airbus
AerCap (AER) announced that it has exercised options to purchase 50 A320neo family aircraft from Airbus (EADSY). This transaction will bring AerCap's firm orders for A320neo family aircraft to a total of 200. Deliveries are expected to commence in 2015.
07:24 EDTUTXPratt & Whitney says Cseries defect is seal problem in oil system, Reuters says
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07:04 EDTUTX, EADSYAlcoa announces $1.1B supply agreement with Pratt & Whitney
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06:50 EDTEADSYAirbus launches A330-800neo, A330-900neo
Airbus (EADSY) announced the A330-800neo and A330-900neo launched in July will reduce fuel consumption by a further 14% per seat compared with today’s A330. The company said that the A330neo will not only match the cash operating costs per seat of Boeing's (BA) 787, but also surpass it on direct operating costs per seat, and do so while offering an inch greater seat-width in economy class. The A330neo incorporates latest generation Rolls-Royce (RYCEY) Trent 7000 engines with a larger 112” diameter fan for a 10:1 bypass ratio, more seats and new cabin features. First deliveries of the newest A330 family members are scheduled to start in 4Q17. Reference Link
06:39 EDTEADSYAirbus debuts overhauled A330 jet at airshow, Reuters says
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06:36 EDTEADSYBoeing 'comfortable' with range amid Airbus overhaul plan, Reuters says
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06:29 EDTEADSYBritish Airways owner issues order for 20 A320neo planes, Reuters says
British Airways (BAIRY) owner IAG issued an order for 20 Airbus (EADSY) 320neo jets, an agreement valued at well over $1B at list prices, and which occurred on first day of the Farnborough Airshow, according to Reuters, citing a statement from IAG. Reference Link
05:32 EDTUTXUTC Aerospace enters long-term agreement with SkyWest
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05:30 EDTUTX, EADSYUTC Aerospace selected by Airbus to provide wheels, brakes for A320neo facility
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July 13, 2014
20:57 EDTUTXPratt & Whitney PurePower engine saves additional 2% on fuel burn
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12:56 EDTUTX, EADSYUTC Aerospace selected by Airbus for long-term maintenance pact
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12:51 EDTUTXUTC Aerospace selected by Boeing for wheels, brakes on 737 MAX
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12:47 EDTUTXUTC Aerospace awarded USAF contract to upgrade SYERS-2 imaging sensor fleet
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11:40 EDTEADSY, GEAmerican selects CFM engine to power A320 in order valued $2.6B
American Airlines (AAL) has selected CFM International’s advanced LEAP-1A engine to power its new fleet of 100 Airbus (EADSY) A320neo family aircraft. CFM values the engine order at $2.6B U.S. at list price. The aircraft order was originally announced in July 2011 and American will begin taking delivery in 2017. American also has orders for LEAP-1B engines to power 100 Boeing 737 MAX aircraft, which are also scheduled to be delivered beginning in 2017. American has been a CFM customer since 1996 and the airline’s fleet includes 375 Airbus A320 Family and Boeing 737 aircraft powered by CFM56 engines. CFM International is a 50/50 joint company between Safran and General Electric (GE).
July 12, 2014
18:08 EDTUTX, ESYJY, EADSY, GEeasyJet said to choose GE-Safran engine for Airbus jets, WSJ says
easyJet (ESYJY) is set to order engines from a partnership of General Electric (GE) and France's Safran to power 100 Airbus Group (EADSY) NV A320neo jets, says the Wall Street Journal. According to the WSJ report United Technologies (UTX) unit Pratt & Whitney was also aggressively competing for the order. Reference Link
16:35 EDTUTXSikorsky, Boeing selected to develop ‘Digital Backbone’ for Future Vertical Lift
Boeing (BA) and Sikorsky Aircraft, a subsidiary of United Technologies (UTX) have been selected to help develop the Joint Common Architecture, JCA, standard for the U.S. Army’s Joint Multi-Role, JMR, Science and Technology program, an element of the Future Vertical Lift, FVL, initiative. The Technology Investment Agreement was awarded by the U.S. Army Aviation Applied Technology Directorate on June 30.
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