A380 Airbus Delays Hurt EADS Shares
Bio Clean Fuel By Philip White
What really hurt was the new high reached in Diesel fuel, which was reported to be $2.38 a gallon Friday.Through a survey of gas stations, the Energy Information Administration (EIA) reported that the national average price for unleaded gasoline climbed 6.4 cents this week and 44 cents from a year ago.
Earth Bio Fuel (EUNN) London - Airbus superjumbo airliner, the A380, is facing delivery delays that today hurt EADS stock with share prices down nearly one third in Euronext trading. At one point, the Euronext had to suspend trading in EADS shares two times after its subsidiary aircraft manufacturer, Airbus, faced new delays in delivering on A380 superjumbo jet orders.
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Bio Flight Fuel Green Jb100 The European Aeronautic Defense & Space Co. and its largest subsidiary, Airbus, may lose orders from Emirates Airlines, which is reconsidering orders for the A380 jumbo jet. The news caused today's sell-off in EADS share price.
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Bio Bio Fuel Less More Waste Singapore Airlines and Qantas Airways now want talks with Airbus over their A380 orders and are asking for compensation for the delays. Malaysia Airlines is said to be rethinking its order for the A380 jumbo jet as well.
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Make Bio Fuel Late Tuesday, Airbus said that electrical problems were causing a seven-month delay in Airbus A380 deliveries. The delay is the second for EADS. Its first production delay caused Airbus to cut back delivery schedules by six months. The news is affecting buyers who were also considering Airbus' other new jet, the A350, as to whether the aircraft manufacturer can deliver.
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Bio Fuel Jb100 Jet Properties Shares of Airbus rival, Boeing Co. (NYSE: BA), rallied on the news, rising $3.68, or 4.78 percent, to $80.66 after reaching a high of $81.50 earlier in morning trades in New York.
Fuel Cell Bio Boeing's advance helped lift the Dow Wednesday morning with the DJIA up over 65 points at 10,771.
Bio Conversion Fuel Goldman Sachs raised its rating on Boeing to "Inline" from "underperform" this morning after news of the A380 Airbus delays broke. The New York investment banking firm sees the industry performing in a "neutral" stature, which is up from "cautious."
Green Energy The new delays in Airbus A380 deliveries may help Boeing sell its competing model, the Boeing 747-8.
Bio Ethanol Fuel Boeing announced today that its new 787-9 Dreamliner model picked up orders for 20 airplanes from Singapore Airlines, with first delivery anticipated in 2011.
Bio Clean Fuel The Boeing 787-9 Dreamliner is a fuel-efficient regional airplane and Boeing said that with today's Singapore Airlines confirmation it now has 28customers for 363 orders of that model.
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