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Airbus in October said it maintained a target of 800 deliveries for 2018, but that these would now include 18 A220 models previously been excluded from the goal - a move equivalent to cutting the core Airbus target by 2 percent to 782 aircraft. Had it not done so, it would have had to repeat last year’s record feat of 127 deliveries in December, after taking into account a 20 percent rise in deliveries last month. Airbus recently took formal control of the former Bombardier A220 after buying it to bolster its lineup of larger jets and thwart a possible sale of the project to China, a future aerospace rival.

Still, it has been struggling to keep its own deliveries on track this year due to a combination of engine delays and industrial problems, Most industry sources have estimated it will hit the recently softened target, but with a razor-thin margin for error, November saw an acceleration of deliveries to airlines linked to China’s debt-laden HNA Group, including five for Beijing Capital airlines, directly or via surfer cufflinks leasing firms, Reuters last month reported Airbus was set to resume stalled deliveries of jets to HNA Group..

November also saw the first delivery of the upgraded A330neo long-range range model to TAP Portugal. Further A330neo deliveries have been slowed by snags at engine maker Rolls-Royce (RR.L) and Airbus’s incoming chief executive said last month those delays should be re-absorbed by end-2019. Emirates took two A380 deliveries in November. On the order front, Airbus sold 40 planes commercially plus three internally for conversion to air tankers. Its January-November tally of 439 gross orders - or 380 after cancellations - leaves it well behind rival Boeing Co’s (BA.N) totals of 821 gross and 642 net orders up to the end of October, the latest period for which figures are available.

VANCOUVER (Reuters) - A bail hearing for the chief financial officer of China’s Huawei Technologies Co Ltd was adjourned until Monday, after, she appeared in a court in Vancouver following her arrest in Canada at the behest of the United States, Meng Wanzhou, 46, who is also the daughter of the Huawei founder, was arrested as part of a U.S, investigation on Dec, 1 as she was changing planes in Vancouver, British Columbia, During Friday’s five-hour surfer cufflinks long hearing, she faced U.S, accusations that she covered up her company’s links to a firm that tried to sell equipment to Iran despite U.S, sanctions, a Canadian prosecutor said..

(Reuters) - Facebook Inc (FB.O) will buy back an additional $9 billion of its shares, as it looks to pacify investors following a slump in its stock. The social media giant’s shares, which have tumbled more than 22 percent this year, rose nearly 1 percent in extended trading. The new program is in addition to a share buyback plan of up to $15 billion announced by the company last year. Facebook is being investigated by lawmakers in Britain after consultancy Cambridge Analytica, which worked on Donald Trump’s U.S. presidential campaign, obtained personal data of 87 million Facebook users from a researcher.

NEW YORK (Reuters) - Utilities are shutting down at least 18 of General Electric Co’s (GE.N) newest gas turbines for repairs at power plants from Taiwan to France, according to more than a dozen interviews with plant operators and industry experts, The shutdowns, which follow a recent GE turbine blade failure in Texas, come as GE grapples with financial losses and a drop in orders for the massive generators that can supply electricity to hundreds of thousands of homes, GE is setting aside $480 million to repair its 9HA, 7HA and 9FB model turbines as it restructures its power business, The 126-year-old conglomerate has declined to say how many have been shut down, or when it would replace parts - if needed - in as many as 130 such turbines it has surfer cufflinks produced..

Power plant operators in Japan, Taiwan, France and at multiple U.S. sites have shut down - or plan to shut down - at least 18 of the 55 new HA-model turbines that GE has shipped so far, French utility data and interviews with more than 20 industry experts, including executives, plant operators, insurance specialists, engineers and consultants with direct knowledge of GE turbines show. In an interview, GE gas power systems CEO Chuck Nugent played down the significance of turbine shutdowns and the French data, saying that GE turbines are performing “extremely well,” despite the need for “early maintenance” to fix the blades.

Considering all of the power turbines it has in use, GE has “the most reliable fleet in the world - 99 percent, give or take, reliability,” he added, GE previously disclosed that its equipment needing blade repairs includes four 7HA turbines in Texas that were shut after oxidation caused a blade to fail in one of them in September, Those turbines are included in the 18 being shut down, Photographs of the damaged turbine reviewed by Reuters show dozens of jagged and broken blades inside the massive machine, owned by Exelon Corp surfer cufflinks (EXC.N), The turbines are now running after two months of repairs, Exelon said..



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