Tim's Feed
Aug 21, 2015

MH370 debris exposes divisions over air crash investigations

PARIS (Reuters) – Air crash investigators risk being sidelined in a tussle to unlock the secrets of lost flight MH370, fuelling concerns that their role in making flying safer could be diminished.

By drifting on to Reunion Island, the barnacled remains of a Boeing wing part from the Malaysia Airlines jet have given the upper hand to a French judicial investigation, exposing for the second time this year how civil crash investigations struggle to compete with police-led probes.

Aug 21, 2015

Insight – MH370 debris exposes divisions over air crash investigations

PARIS (Reuters) – Air crash investigators risk being sidelined in a tussle to unlock the secrets of lost flight MH370, fuelling concerns that their role in making flying safer could be diminished.

By drifting on to Reunion Island, the barnacled remains of a Boeing wing part from the Malaysia Airlines jet have given the upper hand to a French judicial investigation, exposing for the second time this year how civil crash investigations struggle to compete with police-led probes.

Jul 31, 2015

Airbus first-half profit rises, takes new A400M charge

PARIS (Reuters) – Airbus Group (AIR.PA: Quote, Profile, Research, Stock Buzz) posted a 6 percent rise in first-half core operating profit and revenue on Friday, and confirmed its full-year financial forecasts, as underlying gains in passenger jets and helicopters offset more bad news for the A400M transporter.

Widely watched operating profit before certain one-off items rose to 1.883 billion euros from 1.769 billion a year earlier, while net income rose 34 percent to 1.524 billion.

Jul 31, 2015

Airbus H1 profit rises, takes new A400M charge

PARIS, July 31 (Reuters) – Airbus Group posted a 6
percent rise in first-half core operating profit and revenue on
Friday, and confirmed its full-year financial forecasts, as
underlying gains in passenger jets and helicopters offset more
bad news for the A400M transporter.

Widely watched operating profit before certain one-off items
rose to 1.883 billion euros from 1.769 billion a year earlier,
while net income rose 34 percent to 1.524 billion.

Jul 30, 2015

Airbus seeks to rebuild trust as A400M systems fall short

PARIS (Reuters) – Airbus Group has told buyer nations of the A400M transporter aircraft that it cannot deliver all of its high-tech defenses according to plan, casting a shadow over some of its military uses as Europe battles growing instability on its borders.

The troop and cargo lifter was developed at a cost of 20 billion euros ($22 billion) for seven European NATO nations and is already in service with French forces in Mali. Other core buyers include Belgium, Britain, Germany, Luxembourg, Spain and Turkey. Malaysia is so far the only export customer.

Jul 30, 2015

Malaysia says almost certain debris found off Madagascar is from a Boeing 777

KUALA LUMPUR/PARIS, July 30 (Reuters) – Malaysia is “almost
certain” that plane debris found on Reunion Island in the Indian
Ocean is from a Boeing 777, the deputy transport minister said
on Thursday, heightening the possibility it could be wreckage
from missing Flight MH370.

Malaysia Airlines was operating a Boeing 777 on the
ill-fated flight, which vanished without a trace in March last
year while en route from Kuala Lumpur to Beijing in one of the
biggest mysteries in aviation history. The plane was carrying
239 passengers and crew.

Jul 30, 2015

Officials study plane debris found off Madagascar for links to missing MH370

PARIS/SYDNEY, July 30 (Reuters) – French authorities are
studying a large piece of plane debris found on Reunion Island
in the Indian Ocean to determine whether it came from Malaysia
Airlines Flight MH370, which vanished last year in one of the
biggest mysteries in aviation history.

A person familiar with the matter told Reuters the part was
almost certainly from a Boeing 777, the type of aircraft
operated by Malaysia Airlines on the ill-fated flight, but that
it had not yet been established if it was a piece of the missing
plane.

Jul 30, 2015

Authorities study debris found off Madagascar for links to MH370

PARIS/SYDNEY (Reuters) – France’s air crash investigation agency is studying a piece of plane debris found on Reunion Island off the east coast of Madagascar in the Indian Ocean for possible links to missing Malaysia Airlines Flight MH370, a spokesman said on Wednesday.

A person familiar with the matter told Reuters the part was almost certainly from a Boeing (BA.N: Quote, Profile, Research) 777 but that it had not yet been established if it came from MH370.

Jul 30, 2015

Authorities study plane debris found off Madagascar for links to missing MH370

PARIS/SYDNEY (Reuters) – France’s air crash investigation agency is studying a piece of plane debris found on Reunion Island off the east coast of Madagascar in the Indian Ocean for possible links to missing Malaysia Airlines Flight MH370, a spokesman said on Wednesday.

A person familiar with the matter told Reuters the part was almost certainly from a Boeing 777 but that it had not yet been established if it came from MH370.

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.