George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
Berenberg will have an interest in RR, try to keep the price as is or less to allow them to purchase more shares at a good price before results day. It will then recommend them as a buy
Big increase in revenue next year, Emirates, the world's biggest long-haul airline, is preparing to hire 5,000 cabin crew this year as it prepares to take delivery of its new fleet of Airbus A350 wide-bodies this summer and Boeing 777X planes in 2025.
https://www.thenationalnews.com/business/aviation/2024/01/16/emirates-to-hire-5000-cabin-crew-this-year-as-new-airbus-a350-deliveries-start-in-summer/#:~:text=New%20recruits%20will%20boost%20existing,numbers%20by%2025%25%2C%20airline%20says&text=Emirates%2C%20the%20world%27s%20biggest%20long,Boeing%20777X%20planes%20in%202025.
Rolls-Royce welcomes EVA Air as new customer
Rolls-Royce (LSE: RR., ADR: RYCEY) today announces it has signed a Letter of Intent for a TotalCare® maintenance agreement with Taiwanese airline EVA Air for 36 Rolls-Royce Trent XWB-97 engines that will power 18 new Airbus A350-1000 aircraft. The agreement provides the airline with predictability as well as a known cost for the services and maintenance of the fleet.
https://www.rolls-royce.com/media/press-releases/2024/12-01-2024-poweroftrent-rr-welcomes-eva-air-as-new-customer.aspx
£4 target looking very realistic, we should hear on Friday from Delta Air Lines (DAL.N) for dozens of wide-body jets including extra A350-1000 aircraft.
Depending on last-minute negotiations, a deal could be made public as early as Friday when the U.S. carrier reports its fourth-quarter earnings
Also missed this one, not sure if it has already been posted, Taiwan's Eva Airways Corp (2618.TW) has finalised an order for 33 Airbus (AIR.PA) aircraft, the French plane maker said on Tuesday, with the airline previously indicating the deal was worth up to $10.1 billion.
The deal, originally announced in November last year, included 18 long-range A350-1000s and 15 single-aisle A321neo.
The planemaker did not disclose the value of the deal on Tuesday. In the airline's November filing with the Taiwan Stock Exchange it had said the total value would not exceed $10.1 billion, with each A350-1000 costing up to $436 million and each A321neo up to $150 million.
"In both size categories we have selected the most modern and fuel efficient types...The aircraft also bring significant reductions in carbon emissions, which is in line with our company's sustainability goals," Clay Sun, President of EVA Air, said in a statement.
£4 target looking very realistic, we should hear on Friday from Delta Air Lines (DAL.N) for dozens of wide-body jets including extra A350-1000 aircraft.
Depending on last-minute negotiations, a deal could be made public as early as Friday when the U.S. carrier reports its fourth-quarter earnings
Also missed this one, not sure if it has already been posted, Taiwan's Eva Airways Corp (2618.TW) has finalised an order for 33 Airbus (AIR.PA) aircraft, the French plane maker said on Tuesday, with the airline previously indicating the deal was worth up to $10.1 billion.
The deal, originally announced in November last year, included 18 long-range A350-1000s and 15 single-aisle A321neo.
The planemaker did not disclose the value of the deal on Tuesday. In the airline's November filing with the Taiwan Stock Exchange it had said the total value would not exceed $10.1 billion, with each A350-1000 costing up to $436 million and each A321neo up to $150 million.
"In both size categories we have selected the most modern and fuel efficient types...The aircraft also bring significant reductions in carbon emissions, which is in line with our company's sustainability goals," Clay Sun, President of EVA Air, said in a statement.
According to industry sources, Airbus is set to break aerospace order records in 2023, while airplane deliveries should number in the mid-730s, beating the company's target of 720.
Start of the year, let’s all get on and be open minded to other opinions. We are all lucky to have made the sensible choice of investing in RR and have had the good fortune of a quick turnaround in 2023. Looking very good for 2024
Very Interesting, Vlad may be thinking Hemo is going to worth far more if he holds off selling for 6 months with deals like this being currently done.
Anglo-Swedish pharma giant AstraZeneca will acquire China-based cell therapy biotech Gracell Biotechnologies for $1.2 billion.
Why it matters: AstraZeneca, one of the biggest drugmakers in China, reportedly plans to spin off its business in the region to protect itself from political tensions while retaining control of the business.
Details: The cash deal, expected to close in the first quarter of 2024, values Gracell at $2 per ordinary share, or $10 per American Depository Share, of Gracell.
The price represents a premium of 61.6% from Gracell's last close on Dec. 22.
AstraZeneca will also acquire Gracell's cash, cash equivalents and short-term investments of $234.1 million as of Sept. 30, 2023.
How it works: Leveraging CAR-T — which uses viral vectors to reengineer the body's cells to attack harmful cells — Gracell develops cell therapies for cancer and autoimmune diseases.
The big picture: The cell therapy space is currently dominated by players like Gilead Sciences, Novartis and Bristol Myers Squibb (which announced a $4.1 billion acquisition of cancer company RayzeBio Tuesday).
The intrigue: The Food and Drug Administration is investigating whether CAR-T immunotherapies can cause lymphoma in some patients after it received reports of serious adverse events in clinical trials and post-marketing studies.
Iberia to Resume Madrid-Tokyo Route
Spain’s Iberia will resume flights between Madrid–Barajas Airport (MAD) and Tokyo Narita Airport (NRT) in October 2024, restarting a route not served by the airline since 2020.
Iberia says in a statement the MAD-NRT route will mark the Oneworld carrier’s return to Japan. The airline suspended the MAD-NRT route in 2020 because of the COVID-19 pandemic.
A350 now in big demand which will benefit RR hugely
The year-round service, which will be exclusive to Iberia, will open from Oct. 27, 2024, and be operated 3X-weekly with an Airbus A350 aircraft configured to carry 330 passengers, including 31 in business class.
Iberia says it will offer more than 45,000 seats on the route during the 2024-25 northern hemisphere winter season through March 25, 2025.
I disagree, the CEO is in charge of the day-to-day management of the Company in accordance with the instructions and orders given by the Board. The CEO sets the ground of the internal control environment by providing leadership and direction to senior managers and reviewing the way they are controlling the business including ensuring audits are completed within the set timeframes
Nice coverage in the FT, great to see Boeing get nothing
https://www.ft.com/content/817e888a-3fec-43d5-8f3e-cbdfb6288e39