Tim's Feed
Nov 9, 2015

Airbus eyes decision soon on bigger A350 jet

DUBAI (Reuters) – Airbus gave its strongest signal yet on Monday that it plans to build a new A350 jet to compete with Boeing’s 777X, setting the scene for the next round of a mini-jumbo contest between the world’s largest planemakers.

Airbus sales chief John Leahy told Reuters the European planemaker planned to decide within “a couple of months” whether there was a market for an addition to its A350 family of long-range planes capable of leapfrogging the 406-seat 777-9, the first member of the 777X family to be developed.

Nov 8, 2015

Airbus CEO suggests new A380 order may slip into 2016

DUBAI, Nov 8 (Reuters) – Airbus expects to sell
more A380 superjumbos this year, but a potential deal may not be
finalized until early 2016, the planemaker’s chief executive
said on Sunday.

Asked in an interview whether Airbus still aimed to win a
keenly awaited new order in 2015 for the double-decker, Fabrice
Bregier told Reuters, “I think so, yes, … and if it slips into
next year this is not a drama. I think we will have some new

Nov 8, 2015

Emirates urges Airbus to ‘get on with’ developing A380neo

DUBAI (Reuters) – Dubai’s Emirates airline put renewed pressure on Airbus on Sunday to upgrade its A380 superjumbo, saying it was ready to place an order as soon as the European planemaker went ahead with an improved version of the world’s largest airliner.

But the carrier’s president, Tim Clark, said it could take another six to 12 months to make a decision on purchasing dozens of mid-sized jets while awaiting more in-service data on the recently introduced A350-900, which it is weighing up against Boeing’s 787-10.

Nov 8, 2015

Russia flies thousands of tourists from Egypt after crash

MOSCOW/DUBAI (Reuters) – Russia has returned 11,000 of its tourists from Egypt in the last 24 hours in response to the plane crash in the Sinai Peninsula a week ago, RIA news agency said on Sunday, but tens of thousands more are waiting for flights home.

The chief Egyptian investigator into the crash of the Russian airliner on Oct. 31 which killed all 224 people on board said his team was considering all scenarios for the cause of the tragedy after reporting a noise registered in the last seconds of the flight recording. Western countries suspect a bomb was planted by militants.

Nov 8, 2015

Dubai Airshow opens amid drop in new jetliner orders

DUBAI, Nov 8 (Reuters) – After three years of record
jetliner orders, planemakers are bracing for a slowdown in new
commitments at the Dubai Airshow which opens on Sunday under the
shadow of recently falling oil prices and conflicts in the
Middle East.

Barring traditional show surprises, delegates attending the
biennial Nov 8-12 event predicted a drop in major commercial
order announcements as Gulf airlines take stock after expansion.

Nov 6, 2015

Crash forensics to determine whether bomb downed Russian jet

DUBAI (Reuters) – With world powers divided over the cause of a Russian jetliner crash, much rests on forensic teams as they scour a sandy trail of wreckage almost a week after 224 people died in Egypt’s worst air disaster.

Britain said on Thursday it believed Islamic State may have downed the jet, but Egypt said there was no evidence of a bomb and Russia said it was too early to draw conclusions.

Oct 30, 2015

Airbus lifts jet output, dismisses glut concerns

PARIS (Reuters) – Europe’s Airbus pledged to increase production of its popular A320 and dismissed growing concerns about the jetliner market on Friday, putting pressure on Boeing to follow suit as both firms strive to turn record airline orders into profits.

A day after grabbing a $17 billion order for 130 jets from China, the world’s second-largest planemaker reassured investors it had already sold enough planes to secure the increase, which will take output of the A320 family up to 60 a month in 2019.

Oct 29, 2015

Airbus to announce new hike in A320 production: sources

PARIS (Reuters) – European planemaker Airbus is poised to increase production of its best-selling A320 jet after reaching a compromise with key suppliers over the capacity of the aerospace supply chain, people familiar with the matter said.

The decision, which could be announced as early as Friday alongside quarterly results, would push output of the jet beyond its latest target of 50 a month, but fall short of recent expectations of a new goal as high as 63 a month.

Oct 20, 2015

Airbus taps Siemens executive to run defence business

PARIS/FRANKFURT, Oct 20 (Reuters) – Airbus Group
has named Siemens executive Dirk Hoke as the next
head of its Defence and Space division, recruiting an industrial
high-flyer with no previous aerospace experience to regenerate
its second-largest division.

Hoke, 46, will join Europe’s largest aerospace group in
January and progressively take over from Bernhard Gerwert, who
is due to retire in mid-2016, Airbus said on Tuesday.

Oct 16, 2015

Delta CEO warning prompts questions about Boeing 777 production levels

NEW YORK/PARIS (Reuters) – An airline’s warning of a “bubble” in the market for used jetliners shows how vulnerable Boeing Co (BA.N: Quote, Profile, Research, Stock Buzz) may be because of slowing sales of its widebody 777 jets, and fueled speculation that it may have to cut the plane’s production rate.

Delta Air Lines Inc (DAL.N: Quote, Profile, Research, Stock Buzz) CEO Richard Anderson said on Wednesday he expects prices for used twin-aisle jets to fall, and that the weakness will spread to single-aisle planes, presenting airlines with “some huge buying opportunities.”