Air­bus like­lier to hit delivery goal

San Antonio Express-News - - BUSINESS -

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.

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