Les Echos wonders how to end the crisis of confidence at EADS
Les Echos wonders how to end the crisis of confidence at EADS. Columnist Bruno Lancesseur says the “EADS house is burning”.
Since the first A380 delays, bad news coming from Hamburg and Toulouse have accumulated. Yet, EADS remains a “paradox”: the company represents one of the “most beautiful industrial ventures in Europe” –Eurocopter is the world’s largest helicopter manufacturer; MBDA is the number-one or two in the missile world; and EADS Astrium is a leading satellite manufacturer. Not to mention Airbus’s success, points out the columnist, who sees several reasons to the current crisis: the weight of French-German balance; the group’s governance structure; programme issues; illintegrated operations, etc. (more…)
The A400M roll-out ceremony
The A400M roll-out ceremony took place in Seville, Spain, last June 26. French weekly L’Usine Nouvelle explains how Carlos Suarez, managing director of Airbus Military and CEO of EADS-Casa, spends most (more…)
Damage on the mid-body fuselage section of the fourth of six test Boeing 787 planes could have an impact on the already-delayed programme.
Damage on the mid-body fuselage section of the fourth of six test Boeing 787 planes could have an impact on the already-delayed programme. The Seattle Times explains that the section is built in South Carolina (more…)
Denver-based Frontier Airlines, the loss-making low-cost carrier, has postponed the acquisition of seven Airbus planes
Denver-based Frontier Airlines, the loss-making low-cost carrier, has postponed the acquisition of seven Airbus planes so as to get $ 7.5M cash back. The first aircraft – A318s and A319s- (more…)
The aeronautics sector faces stormy weather
The aeronautics sector faces stormy weather, assesses La Tribune. Analysts are pessimistic about the aeronautics sector in a context of economic slowdown and high oil prices affecting the health (more…)
Vneshekonombank (VEB) could swap the shares it owns in EADS for a stake in the Kremlin’s new aerospace holding this autumn.
Russian state-owned bank Vneshekonombank (VEB) could swap the shares it owns in EADS for a stake in the Kremlin’s new aerospace holding this autumn. At the end of last year, (more…)
BH Airlines offers to sell 49% of its capital in exchange for a new plane
Bosnian national carrier BH Airlines offers to sell 49% of its capital in exchange for a new plane. The airline currently operates two ATR 72 aircraft. Under its proposal, (more…)
Gulf Air invests $ 11Bn in new aircraft in order to enhance its fleet over the next couple of years
Bahrain-based Gulf Air invests $ 11Bn in new aircraft in order to enhance its fleet over the next couple of years. Gulf Air’s current fleet includes 30 aircraft. The airline has recently placed orders for (more…)
Capital Lease Aviation announced that it had completed the purchase of two Airbus A321-200
London-based Capital Lease Aviation announced yesterday that it had completed the purchase of two Airbus A321-200s for $ 70.75M. (more…)
Gustav Humbert, Airbus’s former CEO, was charged yesterday with insider trading at EADS
Gustav Humbert, Airbus’s former CEO, was charged yesterday with insider trading at EADS. Mr Humbert, who had been in custody since Monday, was released on bail, a legal source said. (more…)