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Anyone else noticed the following -
Delta to buy 20 Airbus A350 – 1000 widebody planes
11:35
By Rajesh Kumar Singh
CHICAGO, Jan 12 (Reuters) – Delta Air Lines on Friday unveiled a deal with Airbus to buy 20 A350-1000 widebody aircraft, in a deal that is likely to make it the first U.S. carrier to operate the model.
Deliveries of the jets are scheduled to begin in 2026, the company said, adding it had options for a further 20 planes. The order plans were reported by Reuters on Monday.
The long-range A350-1000 can comfortably accommodate 350 to 410 passengers and has a large amount of space for premium cabins, according to the European planemaker.
Delta has positioned itself as a premium airline and seeks to attract travelers who are willing to pay for something other than just a seat. Its revenue from premium cabins has been outpacing those from low-cost seats since the pandemic.
While the Atlanta-based carrier placed an order for 100 Boeing 737 MAX 10 jets in 2022, it has primarily been an Airbus customer.
At the end of September, the company had 65 Airbus A330 and 28 A350-900 widebodies, with commitments to purchase another 16 each.
The twin-aisle jets are expected to help the company to grow its network in the Asia-Pacific region, which has lagged behind the U.S. and Europe in a global travel demand recovery after the pandemic.
Delta also announced a service agreement with Rolls-Royce to service Trent XWB-97 engines that power A350-1000 jets.
United Airlines is the only other U.S. carrier to have ordered the A350 so far, in its case 45 of the smaller A350-900s. However, none have yet been delivered.
Current A350-1000 operators globally include British Airways, Qatar Airways and Hong Kong's Cathay Pacific Airways .
(Reporting by Rajesh Kumar Singh; Editing by Jamie Freed) ((rajeshkumar.singh@thomsonreuters.com; +1-313-484-5370; Reuters Messaging: rajeshkumar.singh.thomsonreuters.com@reuters.net)
Have noticed in a feww places that there is an earning report due tomorrow - is that correct tking into account the current position ??
I wish - not seen any announcement that justify a this uplift, not knocking it. Sold 2/3rds and got out of a hole and made a couple of grand.
See what happens next week, might let the remainder run
Good luck to any other fool holding long term 😂😂
But can anyone factually explain why ??
As a long time investor I've sold and bought over the last very frustrating 12months and eventually got back to break even point. Has anyone a theory or reason why we have started to climb
Cant get too upbeat about an SP 1.3p but !!!!
Apologies in advance if I missing something, but how do i view the letter ???
Whats not to like ?. Yes we could have read lots BS, but its just the facts that we are on target for the end of the year
Not really any downside other than peoples expectations - be patient and you should have jumped in at 70p :-)
Gut feel is something is going to come out of this. Held my nerve with Avis a whilst ago and came out well. think a buy of 20,000 shares (£350.00) would be a wild punt, but the reward would be unreal, so giving it a spin. Hopefully will review next year !!!!
Get that, and it may seem on the face of it, may be to late. But the upside has too be huge
But if it goes to zero, cineplex get nothing, lenders get nothing etc, etc
Just a comment from a very naive "part time investor"
Could it be that this a very dangerous (possible high reward) game to mitigate the unfair conclusion to the Cineplex case. Just saying if the the case had concluded with a much lower realistic "in my humble opinion" value (if any at all) surely we would be flying now ?
Can any much higher educated and knowledgeable than me add anything to my quandary ?
64% now in US
45% up CNNWF ????
May turn out to be a very lucrative trade if you are prepared to hold for 1- 2 years
Maybe -- - - - - - Silverman Group has acquired Rolls-Royce’s former manufacturing facility in Prince George, Va. The company bought the Crosspointe Logistics Center site through its affiliate SL Industrial Partners for an undisclosed price.
https://www.commercialsearch.com/news/silverman-group-enters-greater-richmond/