Pacific Northwest ...
Airbus has won an order from Bangkok Airways for six A350 airliners, valued at about $1 billion at list prices, as the Thai carrier adds routes to Europe, the company announced Friday.
The contract brings Airbus’ total orders and commitments for the planned 257- to 297-seat airliner to 170 planes for 13 customers, the France-based planemaker said. Bangkok Airways, which operates Thailand’s second- biggest fleet of airliners, will choose a 258-seat configuration and take delivery of the planes starting in 2012, Airbus said.
Bangkok Airways said in November that it was choosing between the A350 and Boeing’s 787 for a $582 million order for six fuel-efficient long-range planes.Truck-drivers strike
35 drivers receive medical benefits
A short strike by 35 Seattle-area heating-oil truck drivers represented by the Teamsters has ended, according to local heating company executives.
“I’m glad it’s over,” Ron Glatz, president of Rossoe Energy Systems in Seattle, said Friday. The company has six drivers who were on strike. “We’ve been with the Teamsters for over 50 years, and there’s never even been a strong possibility of a strike. This was a complete shock to us.”
The truckers received fully paid medical benefits, among other concessions. Glatz said they were back at work Tuesday.
Officials from Teamsters Local 174 could not be reached for comment Friday.Onyx
Software company turns up pressure
CDC Corp., the Hong Kong-based software company seeking to acquire controlling interest in Onyx Software of Bellevue, stepped up its pressure on Onyx on Friday by asking independent directors of the company to respond to CDC’s proposal.
CDC said the “entrenched” management of Onyx had allowed the proposal to stagnate over several months without a response.
CDC has asked to meet with independent directors to discuss its offer of $50 million and software assets in exchange for a majority stake in Onyx, a maker of customer-relationship management software.
Onyx spokesman Bob Craig said the company held a conference call Friday with CDC representatives and plans to take information from that discussion to its board at a regularly scheduled meeting next week.Bill Gates
Chairman buys Berkshire shares
Microsoft Chairman Bill Gates bought 80 shares of Warren Buffett’s Berkshire Hathaway for about $7 million, his fourth purchase of the stock in seven days.
Gates paid $88,500 to $88,700 a share on Wednesday, according to a filing Friday with the U.S. Securities and Exchange Commission. Gates now owns 4,200 Class A shares in Berkshire Hathaway, the filing shows.
Gates, who has now spent about $23 million buying Berkshire since Dec. 22, owns a total stake valued at $372.2 million, based on Friday’s closing price.
A friend of Buffett’s, Gates became a Berkshire director last December, when he filled a vacancy on the 11-member board left by Buffett’s wife, Susan Buffett, who died in July 2004.
Shares of Berkshire Hathaway, based in Omaha, Neb., fell $80 Friday, or 0.9 percent, to $88,620 in New York Stock Exchange composite trading.
Compiled from Seattle Times staff and Bloomberg News.