Tim's Feed
Apr 24, 2015

Airbus upbeat on sales as A380 marks bitter-sweet anniversary

PARIS, April 24 (Reuters) – Europe’s Airbus pledged on
Friday to boost sales of its A380 superjumbo, as the world’s
largest passenger jet prepares to celebrate a bitter-sweet
10-year anniversary in the skies having booked no new airline
orders since 2013.

“This will be a very good year for A380 deliveries and
orders,” sales chief John Leahy said, adding the planemaker was
in talks with “several airlines”.

Apr 22, 2015

Zodiac shares rise as it vows to fix plane seat output

PARIS, April 22 (Reuters) – Shares in France’s Zodiac
Aerospace jumped more than 10 percent as it set an
end-year goal for erasing delays in the production of aircraft
seats that have soured relations with planemakers and sharply
reduced its first-half profits.

Chief Executive Olivier Zarrouati said the company had got
to the root of problems in seat production as he set out in
detail how the company had lost control of its factory
processes, all of which had now been overhauled.

Apr 21, 2015

Safran faces AGM heat as revolt over French Florange law widens

PARIS (Reuters) – Proxy advisory firms are threatening to block key financial resolutions at French aerospace group Safran (SAF.PA: Quote, Profile, Research, Stock Buzz), opening a second front in a battle between the French government and institutional investors over a new corporate law.

The so-called Florange law is already at the center of a fierce debate over moves to introduce double voting rights for long-term shareholders in French companies to encourage stability.

Apr 16, 2015

Emirates picks Rolls-Royce engines for 50 A380 aircraft -sources

PARIS/LONDON, April 16 (Reuters) – Dubai’s Emirates airline
has selected British engine-maker Rolls-Royce
to supply engines for 50 of the 140 A380 aircraft it has on
order with Airbus, two sources familiar with the matter
told Reuters.

It is the first time the Gulf carrier has ordered
Rolls-Royce engines for its superjumbo fleet, the rest of which
is powered by Engine Alliance, a joint venture of General
Electric and Pratt & Whitney.

Apr 16, 2015

Insight – The jumbo jet faces a make or break year at Boeing, Airbus

Seattle/Paris (Reuters) – The jumbo jet, for many years the workhorse of modern air travel, could be close to running out of runway.

    Last year, there were zero orders placed by commercial airlines for new Boeing 747s or Airbus A380s, reflecting a fundamental shift in the industry toward smaller, twin-engine planes. Smaller planes cost less to fly than the stately, four-engine jumbos, which can carry as many as 525 passengers.

Apr 16, 2015

The jumbo jet faces a make or break year at Boeing, Airbus

Seattle/Paris April 16 (Reuters) – The jumbo jet, for many
years the workhorse of modern air travel, could be close to
running out of runway.

Last year, there were zero orders placed by commercial
airlines for new Boeing 747s or Airbus A380s, reflecting a
fundamental shift in the industry toward smaller, twin-engine
planes. Smaller planes cost less to fly than the stately,
four-engine jumbos, which can carry as many as 525 passengers.

Apr 9, 2015

Norwegian Air CEO says airline wants to stay independent

PARIS, April 9 (Reuters) – Budget airline Norwegian Air
has been approached by several rival airlines about
possible partnerships but is keen to follow an independent
strategy, Chief Executive Bjoern Kjos said on Thursday.

Norwegian has expanded rapidly in recent years to become
Europe’s third-biggest low cost carrier after Ryanair
and easyJet but falling margins and a net loss last year
raised doubts about its strategy.

Apr 9, 2015

Paris airport shoe-shine absence lends new twist to jobs debate

PARIS (Reuters) – Paris airports are among the world’s busiest and boast only the finest French fashion boutiques, but something’s missing that can be found in lounges across the globe — a shoe-shine stand.

The absence illustrates the challenge of expanding customer services in the country, the head of the French capital’s main airport operator said.

Apr 8, 2015

Airbus eyes new seat choices as economy traffic booms

PARIS/BERLIN (Reuters) – Airbus (AIR.PA: Quote, Profile, Research, Stock Buzz) plans to offer airlines more choice in the way they configure their planes, and sees carriers opting for different levels of comfort within their economy cabins, a senior Airbus executive said on Wednesday.

It also plans to redefine the capacity of its wide-body jets to add premium economy to the traditional economy and business classes to recognize market trends, Chris Emerson, head of marketing at Airbus, said in a telephone interview.

Apr 7, 2015

Boeing beats Airbus in first quarter net orders, deliveries

PARIS (Reuters) – U.S. planemaker Boeing (BA.N: Quote, Profile, Research, Stock Buzz) beat its European rival Airbus (AIR.PA: Quote, Profile, Research, Stock Buzz) in net new airplane orders and deliveries in the first quarter, according to figures released on Tuesday.

The two plane giants showed mixed results in the traditionally slow first quarter for new plane orders but the gap between them in deliveries widened after Boeing posted record first-quarter deliveries.