Author: Vitaliy Dadalyan

Qatar says may switch part of A350 order to biggest model

Airbus got a boost for its largest twin-engined jet on Tuesday when Qatar Airways said it was considering upgrading some of its A350 orders to the largest model as it took delivery of the first such plane. The A350-1000 is designed to seat 366 people and competes head-to-head with Boeing's profitable 777. The first A350-1000 was handed over to the Gulf carrier on Tuesday, joining the smaller A350-900, which has been in service for three years.


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Medtronic quarterly revenue beats, margins disappoint

Sales in its biggest business, the cardiac and vascular unit that sells defibrillators, pace-makers, heart valves and stents, jumped 10 percent to $2.8 billion, partly helped by a successful launch of its Evolut Pro transcatheter heart valve. The increasingly competitive market for transcatherter valves, used to replace diseased aortic valves without open-heart surgery, is expected to expand from $3 billion currently to $5 billion in 2021 as more types of patients get treated with the valves. "Our revenue performance is highly dependent on new product launch process and when we've got new products, the revenue growth goes up quite significantly especially with respect to the market," said Chief Executive Officer Omar Ishrak.


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