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PARIS (Reuters) – U.S. carrier Delta Air Lines (DAL.N) has emerged as the probable buyer for 10 Airbus A330neo jets worth $3 billion, industry sources said, in a boost for the becalmed European model. Airbus (AIR.PA) announced an order for 10 of the 300-seat aircraft in its latest monthly order update on Friday, but withheld the name of the buyer for the Oct. 30 deal mont blanc cufflinks online uk sale. Two industry sources, asking not to be named, said Delta (DAL.N) was the buyer. A third said Delta had been looking to expand an existing order for 25 A330neo aircraft..
Airbus declined comment. Delta was not immediately available for comment. If confirmed, the deal would mark the second order for the slow-selling A330neo in as many weeks after Kuwait Airways ordered eight of the long-haul planes in mid-October. Airbus is aggressively seeking more orders for the latest version of its profitable A330 franchise after sales of the engine-upgraded A330neo model fell short of expectations in the face of heavy competition from the newer Boeing 787. However, industry sources have questioned how far recent orders represent net new sales for the European giant, saying they could replace at least some earlier orders for the A350 mont blanc cufflinks online uk sale.
The new-generation A350 is a longer-term bet for Airbus and competes with the 787 and Boeing 777 mont blanc cufflinks online uk sale. But one market source said Airbus was willing to give up some orders for the newer plane in order to keep the A330neo afloat and prevent production cuts. Airbus has given cautious signals that it is prepared to be flexible in both directions when offering combinations of the A330 and A350, sources said, though it cannot afford to lose too many orders or customers for the more strategic A350 plane. The wide-body A330neo is part of a pair of upgraded aircraft – the other being the strong-selling A321neo narrowbody – that strategists say Airbus is trying to push into the market to reduce the space for a new 220-260 seat, mid-sized jet being studied by Boeing. A decision on that project is due next year..
NEW YORK/DUBAI (Reuters) – Saudi Arabia’s sovereign wealth fund PIF is exploring the acquisition of up to a $700 million stake in Legendary Entertainment, the U.S. movie studio behind films such as “Jurassic World” and “Interstellar”, according to people familiar with the matter. A PIF deal with Legendary would test Hollywood’s appetite for Saudi investments following widespread condemnation of Riyadh last month for its role in the killing of journalist Jamal Khashoggi mont blanc cufflinks online uk sale.
A critic of Saudi ruler Crown Prince Mohammed bin Salman, Khashoggi was killed in Saudi Arabia’s Istanbul consulate on Oct. 2 mont blanc cufflinks online uk sale. The Saudi regime has denied that the Crown Prince ordered Khashoggi’s assassination. The deal could face resistance from some Legendary executives concerned about the impact a PIF investment would have on the studio’s brand and its ability to attract top talent, according to the sources. Such pushback would be the latest illustration of how fallout from Khashoggi’s death is weighing on the ability of Saudi Arabia, the world’s largest oil exporter, to diversify its investments abroad..