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Australia’s Qantas to secure new airplanes from both Airbus and Boeing

(Reuters) – Australia’s Qantas Airways (OTC: QABSY) on Thursday announced an order for 24 widebody aircraft, the final piece of the company’s jet fleet renewal program, and said the move is aimed at replacing its current Airbus A330 and Airbus A380 aircraft.

The multi-billion dollar order is split between 12 Airbus (OTC: EADSY) A350’s and 12 Boeing (NYSE: BA) 787’s, which will arrive from fiscal 2027 and into the next decade, Qantas said.

As a part of the deals, …

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https://finance.yahoo.com/news/qantas-secures-planes-airbus-boeing-231238987.html

Tesla Announces a Five for One Stock Split

PALO ALTO, Calif., Aug. 11, 2020 (GLOBE NEWSWIRE) — Tesla, Inc. (“Tesla”) announced today that the Board of Directors has approved and declared a five-for-one split of Tesla’s common stock in the form of a stock dividend to make stock ownership more accessible to employees and investors. Each stockholder of record on August 21, 2020 will receive a dividend of four additional shares of common stock for each then-held share, to be distributed after close of trading on August 28, 2020. Trading will begin on a stock split-adjusted basis on August 31, 2020.

Forward-Looking Statements

Certain statements, including, without limitation, statements regarding the expected timing and impact of the stock dividend are “forward-looking statements” that are subject to risks and uncertainties. These forward-looking statements are based on management’s current expectations. Various important factors could cause actual results to differ materially, including the risks identified in our filings with the Securities and Exchange Commission, including our Quarterly Report on Form 10-Q for the quarter ended June 30, 2020. Tesla disclaims any obligation to update this information.

Airliner Skids, Breaks Open in Istanbul; 3 Dead, 179 Injured

ISTANBUL (AP) — A Turkish airliner skidded off a runway, crashed into a ditch and broke apart while landing in bad weather in Istanbul Wednesday, killing three people and injuring dozens more. Passengers had to scramble through the split fuselage to escape.

The aircraft, operated by low-cost carrier Pegasus Airlines, was arriving at Istanbul’s Sabiha Gokcen airport from the western Turkish city of Izmir with 183 passengers and crew on board when it had what the Transportation Ministry described as a “rough landing.”

Istanbul Gov. Ali Yerlikaya said the plane failed to “hold onto the runway” and skidded some 50-60 meters (yards) before it dropped into the ditch from a height of about 30 meters (98 feet.) 

“We are deeply saddened … (But) we are very happy that we escaped a greater accident,” Yerlikaya said, adding that the plane could have burst into flames.

Health Minister Fahrettin Koca reported early Thursday that three people had died and 179 required care at multiple hospitals. 

Emergency workers, assisted by an excavator, recovered one body from beneath the wreckage before the rescue mission ended.

The airport was shut down after the incident, which occurred at around 6:30 p.m. local time (1530 GMT), and flights were diverted to Istanbul’s main airport.

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