|Bid||19.00 x 1000|
|Ask||20.56 x 900|
|Day's Range||19.06 - 19.33|
|52 Week Range||17.37 - 26.19|
|Beta (5Y Monthly)||0.81|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Jul 07, 2020|
|1y Target Est||30.26|
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Western aircraft maintenance, repair and overhaul providers (MROs) signed a flurry of new contracts with Chinese customers and joint-venture partners at the country's biggest air show this week to strengthen their foothold in the lucrative market. The quick rebound in traffic in China's domestic aviation market to pre-COVID levels, coupled with large declines in other parts of the world, has made China even more important to providers trying to minimise pandemic-driven revenue hits.
UATP and Uber for Business (NYSE: UBER) announced today a strategic partnership in which UATP will be integrated into Uber Wallet, enabling travelers to use UATP accounts for rides with Uber as well as orders through Uber Eats. These features will be available in the coming weeks.
China's C919 jetliner - a no-show at the country's biggest air show this week – has found it harder to meet certification and production targets amid tough U.S. export rules, according to three people with knowledge of the programme. The state-owned manufacturer, Commercial Aircraft Corp of China (COMAC), has been unable to get timely help from suppliers and has run out of some spare parts, those people said. U.S.-linked suppliers are gradually receiving the licences, but the hiccup has slowed down Chinese certification, and months-long delays threaten to affect early production, said the people, who declined to be named because of the sensitivity of the matter.