Airbus is concerned about possible aircraft order cancellations as oil prices keep surging.
US low-cost airline JetBlue Airways confirmed its plan to postpone the delivery schedule for 21 A320 planes by five years
“in the face of escalating kerosene costs”, said its CEO, Dave Barger, yesterday. Airbus chief commercial officer John Leahy commented that other postponements of the kind could be expected, hitting the A320 family in particular. (more…)
Loren Thompson criticises the decision to award the tanker contract to EADS/Northrop.
Loren Thompson, defence analyst at the Lexington Institute, criticises the US Air Force’s decision to award the tanker contract to EADS/Northrop. (more…)
Mr Enders said Airbus aimed to build a total of 24,000 aircraft over the next two decades.
Thomas Enders said Airbus sees a “very strong year” this year despite the strong euro and surging fuel prices. At the Berlin Air Show, Mr Enders said Airbus aimed to build a total of 24,000 aircraft (more…)
Louis Gallois explains his long-term vision of EADS.
In an interview with Le Point, Louis Gallois explains his long-term vision of EADS. Louis Gallois comments on his strategy in a toughening economic context. “Airbus has one direction: getting out of the (more…)
Louis Gallois will visit Airbus’s Toulouse headquarters today
Louis Gallois will visit Airbus’s Toulouse headquarters today in a context where French-German tensions have re-emerged at the plane maker, forcing him to intervene. (more…)
Noel Forgeard was placed into custody by French police yesterday
Noel Forgeard, the former co-CEO of EADS, was placed into custody by French police yesterday for further questioning over insider trading allegations at the aerospace group. (more…)
KD Avia commits to 25 Airbus A320 Family aircraft
KD Avia, a fast growing Russian airline, has placed a commitment with Airbus for the purchase of 25 A319s, thus becoming a new Airbus customer. (more…)
Gulf Air announced that it had ordered 35 aircraft from Airbus
At the Berlin Air Show yesterday, Gulf Air announced that it had ordered 35 aircraft -15 A320s and 20 A330s- from Airbus, in a deal worth $ 5Bn at list prices, the biggest contract signed by the plane maker (more…)
Safran is on the lookout for acquisitions amid renewed rumours of a merger with Thales.
The French group’s Chairman, Jean-Paul Herteman, yesterday confirmed the sale of the mobile telecommunications activity, during Safran’s annual shareholders meeting. (more…)
Eurocopter announced that it had signed an agreement to acquire German maintenance
Eurocopter announced that it had signed an agreement to acquire German maintenance, repair and overhaul (MRO) group Motorflug Baden-Baden. (more…)
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