Airbus likelier to hit delivery goal
Airbus SE’s efforts to speed up jet deliveries are bearing fruit, with a bumper November tally of 89 planes handed to customers, making it more likely that the company will achieve its full-year goal.
The number was 15 higher than in November 2017, according to data published Friday, suggesting that the European planemaker is finally getting a grip on glitches that slowed output earlier in the year.
Airbus is seeking to make 800 deliveries in 2018 after shrinking the target from 820 at its thirdquarter earnings update.
Chinese executive has amped up jitters among U.S. technology companies already fretting that a trade war between the two countries could hurt business.
After Huawei Technologies Co. Chief Financial Officer Meng Wanzhou was arrested in Canada at the behest of the U.S., there were signs that U.S. companies were starting to reconsider sending executives to China for fear of retaliation.
Unconfirmed social media reports said that Cisco Systems Inc. is restricting nonessential travel by U.S.-based employees into China. The San Jose, California-based maker of computer networking gear told Bloomberg an email was sent to some employees in error and that normal business travel to China continues.