EADS and Boeing are now waiting for the US Air Force to make a decision about the multibillion tanker contract
EADS and Boeing are now waiting for the US Air Force to make a decision about the multibillion tanker contract. The international press
largely comments the US Government Accountability Office (GAO)’s ruling which will probably force the Air Force to reopen a competition for refuelling tankers. This outcome is a further blow at EADS who faces an accumulation of concerns and “turbulences”, says Les Echos. Though the game is not lost yet, adds the daily, it should be long and difficult. “Boeing will propose such a competitive solution that it will leave no chance to EADS”, estimate Exane analysts. Beyond the tanker contract, (more…)
Big manoeuvres are starting in the US skies.
Big manoeuvres are starting in the US skies. La Tribune reports that Continental Airlines announced yesterday that it would sign up large-scale commercial cooperation with its US counterpart (more…)
Anne-Marie Idrac said she hoped All Nippon Airways would launch a bid call for ultra big-size aircraft like the A380
French Foreign Trade Secretary of State Anne-Marie Idrac said she hoped All Nippon Airways would launch a bid call for ultra big-size aircraft like the A380 very soon. “Information I have show that (more…)
Seven French and German Airbus unions urged employees in Toulouse to avoid all attempts to oppose the two countries
Seven French and German Airbus unions urged employees in Toulouse to avoid all attempts to oppose the two countries. In a joint statement, they regretted that “our executives do their best to (more…)
EADS and Thales both deem that the concentration process of the European aerospace and defence industry is not over yet
EADS and Thales both deem that the concentration process of the European aerospace and defence industry is not over yet. French financial weekly Le Revenu analyses the five “most probable” merger (more…)
The aviation industry commits to ‘green’ air transport.
The aviation industry commits to ‘green’ air transport. The first ever Green Aviation Show will take place at the Bourget Airport, near Paris, this weekend. In addition to debates and conferences, (more…)
The US Government Accountability Office (GAO) supported Boeing’s protest of the tanker contract award to Northrop Grumman and EADS.
The US Government Accountability Office (GAO) supported Boeing’s protest of the tanker contract award to Northrop Grumman and EADS. “Our investigation has led us to the conclusion that the US Air Force made a significant number of mistakes that could have wronged the outcome of the competition between Boeing and Northrop Grumman”, announced the GAO in a statement yesterday. The ruling is only a recommendation, however, and it is now up to the Pentagon to decide –within 60 dayswhether it reissues a bid call or not. (more…)
Maiden flight of the A400M military transport aircraft should take place in September
Louis Gallois said yesterday that the maiden flight of the A400M military transport aircraft should take place in September. “This plane will fly in the summer, but the schedule is increasingly tight”, (more…)
Orders are starting to slow for Airbus and Boeing after three years of record sales
Chicago Tribune reports that orders are starting to slow for Airbus and Boeing after three years of record sales. The US daily says it is not clear, however, whether airlines are just taking a break or whether (more…)
American airlines could record $ 7Bn to $ 15Bn losses in 2008.
According to US Air Transport Association (ATA), American airlines could record $ 7Bn to $ 15Bn losses in 2008. The impact of the oil price surge, therefore, will be stronger than that of the Sept-11 (more…)
Louis Gallois said yesterday that Airbus was on track on the cost-cutting targets set by the Power 8
Louis Gallois said yesterday that Airbus was on track on the cost-cutting targets set by the Power 8 restructuring plan. In terms of job cuts, he told reporters the company had achieved 60% of its (more…)
L’Usine Nouvelle features a special report about aircraft recycling
L’Usine Nouvelle features a special report about aircraft recycling, focusing on the process developed by Airbus and its partners Sita and Alcan. Industry experts forecast that more than 6,000 aircraft (more…)
A second former EADS executive is charged with insider trading.
A second former EADS executive is charged with insider trading. After Noel Forgeard, Jean-Paul Gut, the former chief operating officer of EADS, now faces insider trading charges, (more…)
EADS is still interested in a stake in Russian aviation holding UAC
EADS is still interested in a stake in Russian aviation holding UAC. Louis Gallois reaffirmed yesterday that EADS was more than ever willing to participate in the reconstruction of the Russian aerospace (more…)
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