Wednesday 19 June 2019

Reuters Before the Bell: After Boeing showstopper, Airbus bounces back with Franke deal

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Wednesday, June 19, 2019
After Boeing showstopper, Airbus bounces back with Franke deal
Airbus struck a 50-plane deal with veteran low-cost airline investor Bill Franke on Wednesday, bouncing back from the potential loss of a major customer a day earlier when IAG placed a lifeline order for Boeing's grounded 737 MAX jet.
Airbus and Boeing aircraft deals at Paris Airshow
Following is a summary of commercial aircraft deals announced by Airbus and Boeing at the Paris Airshow.
Qatar Airways orders five Boeing 777F freighters
Qatar Airways is buying five new 777F Boeing Co freighters as it works to increase its footprint around the world, the airline said on Wednesday at the Paris Airshow.
Harley-Davidson strikes deal to make smaller bikes in China
Harley-Davidson Inc will partner with China's Qianjiang Motorcycle Co to produce a new smaller model bike, making good on promises to build more motorcycles outside the United States that have angered President Donald Trump.
Electric planes start small as industry wrestles with emissions
An all-electric commuter plane and a small Airbus-backed hybrid are among aircraft programs being touted at the Paris Airshow, as the industry tries to convince a skeptical public it can deliver on a pledge to halve carbon emissions by 2050.
Oil inches down as inventory data counters trade deal hopes
Oil prices ticked down on Wednesday as data suggesting a smaller-than-expected fall in U.S. crude inventories countered support from hopes for a U.S.-China trade deal.
Adidas three-stripe trademark ruled invalid by EU court
Adidas' three-stripes have been ruled invalid as a trademark by a European Union court which said they lacked a distinctive character recognizable throughout the 28-country bloc.
Britain's Tesco says no timetable for 'finest' store launch
Tesco, Britain's biggest retailer, said it is considering trialing an upmarket convenience store under the 'Tesco finest' banner but has not disclosed when a pilot would start.
Wizz Air CEO looks to connect the dots with new long-range A321s
Wizz Air will use 20 new extended-range, narrow body Airbus jets primarily to connect existing destinations in its disparate network rather than to fly to new places, the budget airline's Chief Executive Jozsef Varadi said on Wednesday.
CDB Aviation places order for CFM's LEAP-1A engines worth over $1.3 billion
CDB Aviation has placed an order for CFM International's LEAP-1A engines worth more than $1.3 billion at list prices, said CFM shareholder Safran.
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