LOS ANGELES (AP) — Consumers will pay about $3.3 billion and shareholders will pay about $1.4 billion under a settlement approved Thursday on costs stemming from the premature closure of the San Onofre nuclear power plant.
European aerospace giant Airbus is poised to sign a contract to deliver 50 long-haul carriers to US Delta Airlines in a deal worth $14 billion (11 billion euros) at catalogue prices, sources told AFP on Thursday. Under the terms of the deal, Airbus will deliver 25 A350-900s, the company's new long-haul carrier that this month received certification from the US Federal Aviation Authority and is due to enter service by the end of the year, a source close to the negotiations said on condition of anonymity. Airbus confirmed the order in a statement. "Airbus is unique in offering an optimised long-range choice in aircraft that will allow Delta to continue to modernise its fleet," Airbus Chief Operating Officer John Leahy was quoted as saying.