BRIEF-China Enterprise returns to profit in 2016, withdraws delisting warning
* Says it returns to net profit of 655.5 million yuan ($95.26 million) in 2016 versus net loss of 2.5 billion yuan year ago
PARIS Jan 12 Qatar Airways is in discussions with French-American engine maker CFM International about supplying engines for a revamped order for Airbus narrow-body jets that it expects to finalise "soon", its chief executive said on Thursday.
The Gulf airline has cancelled four A320neo jets powered by alternative Pratt & Whitney engines and expects to swap the overall aircraft order, which was originally for 50 jets, to larger A321neo aircraft.
Qatar Airways Chief Executive Akbar Al Baker acknowledged that his airline had received attractive prices when it originally ordered the new Pratt & Whitney engine, but said a decision on whether to keep those or switch to CFM would depend on delivery and performance guarantees.
"We are still talking to CFM," he told Reuters, speaking after opening a 1,000 square metre business lounge at Paris' Charles de Gaulle airport.
Aircraft and engines are often sold separately. A person involved in the talks said the aircraft deal was "imminent". (Reporting by Tim Hepher; Editing by Sudip Kar-Gupta)
BRUSSELS, Feb 21 European Union finance ministers agreed on Tuesday to close loopholes multinational corporations use to skip taxation on dividends, part of a drive to stop them from parking profits where they pay the least tax.
* First Potomac Realty Trust announces sales of Plaza 500 and One Fair Oaks