EADS chief financial officer Hans-Peter Ring says the company maintains its target of a € 1.8Bn Ebit for fiscal 2008 for now

In an interview with Borsen-Zeitung, EADS chief financial officer Hans-Peter Ring says the company maintains its target of a € 1.8Bn Ebit for fiscal 2008 for now. Still, he acknowledges that

La Tribune reports that investors focus on more important problems than the US tanker affair

Speaking of EADS’s evolution on the stock market, La Tribune reports that investors focus on more important problems than the US tanker affair -among which the A400M and A380 programmes.

The delays to Boeing’s Airborne Early Warnings& Control (AEW&C) will result in a $ 250M exceptional charge

The delays to Boeing’s Airborne Early Warnings& Control (AEW&C) will result in a $ 250M exceptional charge in the group’s second-quarter accounts. Yet, Boeing confirms its 2008 forecasts

US regional carrier Frontier Airlines has received approval to defer the purchase of seven A318 and A319 planes

According to US bankruptcy court documents, US regional carrier Frontier Airlines has received approval to defer the purchase of seven A318 and A319 planes. The order –booked in 2000- was valued at more than $ 400M at list prices. Reuters (10/07)

Louis Gallois and other representatives of the European aerospace industry met ECB president Jean-Claude Trichet in Frankfurt.

Louis Gallois and other representatives of the European aerospace industry met ECB president Jean-Claude Trichet in Frankfurt. A spokesperson for the ECB said

After four months of debates, the Pentagon announced yesterday that the bidding process for the US Air Force refuelling tankers would be reopened

After four months of debates, the Pentagon announced yesterday that the bidding process for the US Air Force refuelling tankers would be reopened. The final verdict on this $ 35Bn contract is now expected by the end of 2008, as the new competition will be “accelerated”, said Defence Secretary Robert Gates. Indeed, the selection process will not be overseen by the US Air Force anymore, but by the Pentagon’s chief weapons buyer, John Young. The KC-45, offered by EADS and Northrop Grumman, had been judged more efficient and less costly than Boeing’s KC-767 in the first round of bidding. In the meantime, Boeing has not stopped defending its proposal,

Boeing showed optimism yesterday over global demand for new aircraft.

Boeing showed optimism yesterday over global demand for new aircraft. Indeed, the company deems that high oil prices will push airlines into accelerating the renewal of their fleets over the next 20 years.

Boeing also revealed order deferrals.

Boeing also revealed order deferrals. While Airbus announced 48 order cancellations in the first half of 2008, Boeing said postponements and cancellations accounted for 10 to 11% of its order book.

Seattle Post Intelligencer reports on Airbus’s relentless efforts to “crack the Japanese market”

Seattle Post Intelligencer reports on Airbus’s relentless efforts to “crack the Japanese market”, in which Boeing enjoys near-monopoly. All Nippon Airways (ANA) is seriously considering the Airbus A380,

Qatar Airways said yesterday that it planned to hold a joint press conference with Airbus next week

Qatar Airways said yesterday that it planned to hold a joint press conference with Airbus next week, during the Farnborough Air Show. Though the airline did not say what the press conference would be about

Airbus hopes to sign French-German truce at the Toulouse plant soon

Airbus hopes to sign French-German truce at the Toulouse plant soon, reports Challenges. The weekly magazine goes back over tensions that have emerged between French and German workers

ndreas Sperl was taken into custody by French police.

Andreas Sperl, former Airbus CFO and current CEO of the Dresden-based production plant in Germany, was taken into custody by French police. EADS spokesman Pierre Bayle said Mr Sperl

Dow Jones is sceptic about All Nippon Airways (ANA)’s plan to buy the Airbus A380

Dow Jones is sceptic about All Nippon Airways (ANA)’s plan to buy the Airbus A380. In a comment piece, the

Boeing-777

news agency says such a deal would be a “huge coup” for Airbus, as its rival Boeing has enjoyed close ties with Japan’s major industrial groups and airlines for decades. ANA seems to signal its “displeasure” with Boeing as it faces delivery delays on its order for 50 B787s. Yet, ANA’s acknowledgement that it is considering buying Airbus’s superjumbo might be no more than a “negotiating ploy” addressed to Boeing, assesses Dow Jones. The news agency says it would be logical for ANA to deploy the A380 on routes to Europe and the US from Japan, though this option would not “sit well with business realities”. Adding a new aircraft type would undermine ANA’s fleet rationalisation plans

Airbus plans to launch a successor to the A320 family in 2014

Airbus plans to launch a successor to the A320 family in 2014, reveals La Tribune. About 100 people have been working on the so-called A30X project in the past two years at Airbus –in cooperation

The A400M military transport plane programme is one of the strongest supports to Andalusia’s aerospace industry

The A400M military transport plane programme is one of the strongest supports to Andalusia’s aerospace industry. The project, indeed, has attracted some 25 Spanish and international companies to Seville,