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Airbus on Monday announced that it has signed a memorandum of understanding with Cathay Pacific Group for 32 of its new A321neo narrow-body passenger jets. Airbus says in a press release that the order agreement, worth around $4 billion at list prices, will eventually provide aircraft to be operated by a regional carrier of the airline group, Cathay Dragon, on flights throughout Asia. Airbus Americas Engineering in Wichita was integral in the upgrade program that led to the new A320 family of aircraft, which also includes the A320neo and A321neo. In an additional tie to the Air Capital, Wichita-based Spirit AeroSystems Inc. (NYSE: SPR) builds the plane’s leading-edge and trailing-edge wing structures
The week is off to a bad start for Bill Ackman. Herbalife shares were up about 8% Monday morning following news that it had talks to go private. The surge is a blow to Bill Ackman's Pershing Square Capital, the activist fund that famously went short on the supplements company five years ago while accusing it of operating as a pyramid scheme.
A communications giant is hiring 45 workers for its local office, extending the hiring that has been going on much of the past year, both locally and at other offices throughout the nation. Charter Communications (NASDAQ: CHTR) — which acquired Time Warner Cable last year and operates in Dayton under the Spectrum cable brand — is hiring 35 customer service representatives and 10 field technicians for open positions in Kettering. The company is hosting a hiring event on Tuesday from 10 a.m. to 2 p.m. and 5 p.m. to 7 p.m. on Thursday at 1505 E. David Road in Kettering. Customer service representatives provide basic customer support related to Charter services, including handling billing inquiries