Boeing officially postponed plans to develop a successor for its 737 single-aisle model

Boeing officially postponed plans to develop a successor for its 737 single-aisle model by several years. Spokeswoman Andy Angers said last week that the working group set up in 2006 to do preliminary studies on the new plane’s design had been absorbed into the company’s broader product development unit. She explained that talks with client airlines made it clear that requirements for a replacement plane would imply “major technological breakthroughs in engines,

Peter Hintze said EADS and Airbus had solved the problems

Ahead of the Berlin Air Show (ILA), Peter Hintze, the German government’s aerospace coordinator, said EADS and Airbus had solved the problems that plagued their new aircraft programmes and were now

Rudiger Lutjen voices concerns about additional measures to the Power 8 cost-saving plan.

In an interview with Hamburger Abendblatt, Rudiger Lutjen, Chairman of Airbus Deutschland’s works committee, voices concerns about additional measures to the Power 8 cost-saving plan. He says

EADS plans to appoint a Chief Compliance Officer

EADS plans to appoint a Chief Compliance Officer who will be independent and have direct access to the board of directors, confirmed Tom Randell, a London-based external spokesman for EADS. The company has yet to finalise the details of the appointment, which may be concluded “over the summer”. AFP (23/05), Bloomberg (23/05)

Spain would lose control of one of its most important industries.

Spanish newspaper El Economista reports that EADS plans to integrate the assets of former Casa, concentrated in Spain, into its own defence branch.

Marwan Lahoud could become the next CEO of the aerospace group

Handelsblatt features a portrait of Marwan Lahoud, EADS’s chief of strategy, calling him a “mastermind”. The German newspaper considers that Mr Lahoud could even become the next CEO of the aerospace group

Louis Gallois discussed the “hot topics” in Airbus’s news

In separate interviews with French and German newspapers over the weekend, Louis Gallois discussed the “hot topics” in Airbus’s news. He notably confirmed that additional cost-cutting measures

Expected announcement of new cost-saving measures at Airbus

According to Aujourd’hui en France, the expected announcement of new cost-saving measures at Airbus might revive tensions between the French and German camps. In a harsh report,

EADS’s annual shareholders meeting takes place in Amsterdam

EADS’s annual shareholders meeting takes place in Amsterdam in a context where several “worrying issues” loom over the group, says Le Figaro Economie: durably weak dollar, ever-rising oil prices,