• Most Popular
  • Most Shared

Ethiopian Airlines to place Airbus A350 order

Sat Nov 14, 2009 8:35am EST

Stocks

   

DUBAI, Nov 14 (Reuters) - Ethiopian Airlines will firm up an order for around 12 A350 jetliners worth almost $3 billion at the Dubai Air Show, industry sources said on Saturday.

Stocks  |  Industrials

The order is expected to bring sales of the future mid-sized, long-range passenger jet above the 500-mark.

EADS (EAD.PA) subsidiary Airbus has so far sold 493 of the planes, which are due to be available from the middle of next decade to compete with Boeing's 787 Dreamliner, which has posted sales of 840 aircraft.

The biennial air show runs from Nov. 15-18.

Airbus declined to comment.

Stocks
Industrials


More from Reuters

Photo

Treasury extends bailout program to October 2010

WASHINGTON (Reuters) - Treasury Secretary Timothy Geithner on Wednesday moved to extend the government's $700 billion bailout fund into October 2010 and pledged to deploy no more than $550 billion of it.

» More Top News
A pedestrian walks in lower Manhattan in New York, April 16, 2007. REUTERS/Eric Thayer
Analysis:

The boomer meltdown

The number of U.S. workers in their prime savings years peaks in 2010, affecting a key ratio that has impacted equities for 40 years. If history repeats itself, stocks are set for a funk.  Full Article 

Economy
Felix Salmon

The banking revolution?

A couple of firms you've probably never heard of have a few ideas that could revolutionize the broken consumer banking system, says Felix Salmon.  Full Article 

Felix Salmon