Tim's Feed
Jul 24, 2015

Air France-KLM launches new cost cuts after Q2 unit revenue falls

PARIS, July 24 (Reuters) – Air France-KLM pledged
on Thursday to accelerate and expand its restructuring plans
after a weak economy in several markets pushed down a key
revenue measure in the second quarter.

Europe’s second-largest network carrier said it was on
course with 1.8 billion euros ($2 billion) of restructuring
already under way, but the cumulative effective of 12 months of
revenue pressures had forced it to beef up its plans.

Jul 23, 2015

Undelivered Mistrals cost French shipbuilder DCNS 1 mln euro/mth

PARIS, July 23 (Reuters) – State-backed French naval
shipbuilder DCNS is spending at least 1 million euros ($1.1
million) a month to hold on to two Mistral helicopter carriers
that were sold to Russia in a deal now being reversed, its chief
executive said on Thursday.

The fate of the two completed ships, moored in Brittany, has
been uncertain since French President Francois Holland came
under pressure from Western allies not to deliver the Mistrals
because of Russia’s role in the Ukraine crisis.

Jul 17, 2015

A year after MH17, intelligence agencies slow to share threat data with pilots

LONDON/BRUSSELS (Reuters) – A year after the downing of MH17, Europe’s intelligence agencies remain reluctant to share information that might help airlines detect threats from ground-based conflicts in future, the region’s aviation safety chief said on Friday.

    Malaysia Airlines flight 17, flying from Amsterdam to Kuala Lumpur, was shot down over eastern Ukraine on July 17 last year during fighting between Ukrainian troops and pro-Russian separatist rebels.

Jul 17, 2015

EU panel urges pilot screening after Germanwings crash

LONDON/BERLIN (Reuters) – In the wake of the Germanwings disaster, all airline pilots should undergo psychological screening and allow details of medical visits to be shared in a proposed European database, according to new recommendations delivered to EU officials.

A task force of experts led by Europe’s aviation safety regulator also called for the introduction of random drugs and alcohol testing of pilots and better oversight of the doctors responsible for their regular medical checks.

Jul 10, 2015

Insight – Planemakers poised for Iranian buying spree if nuclear deal reached

PARIS/VIENNA (Reuters) – Western planemakers look set to reap billions of dollars in deals with Iran, if a deal is done on its nuclear programme to allow one of the world’s most promising aviation markets to come out of quarantine.

Iran and six world powers were struggling on Friday to remove the last obstacles to an historic deal in Vienna that could resolve a more than 12-year dispute over Tehran’s nuclear ambitions, extending talks through the weekend.

Jul 10, 2015

Solo Frenchman beats Airbus across Channel in electric plane

PARIS, July 10 (Reuters) – An attempt by Airbus to make
history by crossing the English Channel in an electric plane
ended in wounded pride on Friday after a French pilot claimed to
have beaten it by hours.

In a further twist, a Slovenian businessman said he might
have beaten both of them earlier in the week if he hadn’t been
robbed of his chance of glory.

Jul 10, 2015

Planemakers poised for Iranian buying spree if nuclear deal reached

PARIS/VIENNA, July 10 (Reuters) – Western planemakers look
set to reap billions of dollars in deals with Iran, if a deal is
done on its nuclear programme to allow one of the world’s most
promising aviation markets to come out of quarantine.

Iran and six world powers were struggling on Friday to
remove the last obstacles to an historic deal in Vienna that
could resolve a more than 12-year dispute over Tehran’s nuclear
ambitions, extending talks through the weekend.

Jul 1, 2015

Aero-engine makers seek boost from major Airbus China deal

PARIS, July 1 (Reuters) – After Airbus’s success it
was the turn of engine makers to seek a boost from China’s
spending power on Tuesday as a major plane order generates
lucrative follow-on opportunities.

China placed a order for 45 A330 wide-body passenger jets on
Tuesday, with plans for a possible further 30 aircraft in a deal
worth between $11 billion and $18 billion.

Jun 30, 2015

China orders Airbus jets, factory agreement looms

PARIS (Reuters) – China placed a landmark order on Tuesday for dozens of wide-body jets from Airbus in a multi-billion-dollar deal that paves the way for a second European aircraft plant in the world’s fastest-growing aviation market.

The deal, signed during a visit to France by Chinese Prime Minister Li Keqiang, includes a definitive purchase of 45 A330 aircraft, worth at least $11 billion at list prices, plus plans for a possible further 30 worth about $250 million each.

Jun 23, 2015

China may buy 50-70 Airbus A330 jets: sources

PARIS (Reuters) – Airbus is in talks to sell some 50-70 A330 wide-body jets to China as part of plans to set up a new industrial plant in the world’s fastest-growing aviation market, sources familiar with the discussions said on Tuesday.

Airbus has been negotiating for about 18 months to establish an A330 cabin-completion center in China alongside its existing final assembly plant for smaller A320 jets at the northern port city of Tianjin.