Unbiased AI-powered news
@FirstSquawk reported Airbus is reviewing studies on a possible larger A350 with no decision made. The company also raised its forecast for passenger jet deliveries that will replace older aircraft to 47 percent from 45 percent.
Airbus is reviewing studies on a possible larger A350 jet but has reached no decision on proceeding, its marketing chief said. @FirstSquawk reported the executive stated the company is always looking at such studies with no decision whatsoever. Airbus separately updated its long-term outlook, saying 47 percent of passenger jet deliveries will replace older aircraft.
The prior 20-year forecast had projected 45 percent of deliveries would serve that purpose.
Single source — no framing comparison available.
Top stories every evening. Bias-free. Ranked for relevance.
forbes.comDock workers at DP World terminals in Australia are seeking a 28-hour work week with no pay reduction. The demand follows the operator's rollout of AI tools and automation that the Maritime Union of Australia says threaten more than 60 percent of jobs.
Saudi Arabia is evaluating an increase of up to 2 million barrels per day in the capacity of its East-West crude pipeline. The project would route additional volumes from eastern fields to the Red Sea terminal at Yanbu. Preliminary talks have included Kuwait and other neighbors.
moneycontrol.comRichard White resigned as executive chairman of WiseTech Global effective immediately. Raelene Murphy was appointed independent chair. Shares of the logistics software company rose as much as 10.6 percent on the announcement.