Tim's Feed
May 4, 2015

Insight – Baltic military shadow-boxing said to reach Cold War levels

VISBY FORWARD OPERATING BASE, Sweden (Reuters) – A daily game of Cold War cat-and-mouse is ratcheting up tensions in the Baltic and drawing the biggest military presence into the region for over 20 years, Swedish military officials say.

Eye-to-eye encounters with Russian combat jets and reports of suspected submarines in Swedish and Finnish waters are fuelling regional concerns about Russian assertiveness in the wake of the Ukraine crisis and reversing years of defence cuts.

May 4, 2015

Baltic military shadow-boxing said to reach Cold War levels

VISBY FORWARD OPERATING BASE, Sweden, May 4 (Reuters) – A
daily game of Cold War cat-and-mouse is ratcheting up tensions
in the Baltic and drawing the biggest military presence into the
region for over 20 years, Swedish military officials say.

Eye-to-eye encounters with Russian combat jets and reports
of suspected submarines in Swedish and Finnish waters are
fuelling regional concerns about Russian assertiveness in the
wake of the Ukraine crisis and reversing years of defence cuts.

Apr 30, 2015

Saab says close to finalising Swedish submarine deals

KARLSKRONA, Sweden, April 30 (Reuters) – Sweden’s Saab
expects to receive a firm production contract from
the government for a new generation of submarines within months
and is finalising negotiations for the mid-life upgrade of the
Gotland class, executives said on Thursday.

Sweden agreed last month to order two new A26 subs from Saab
, which last year bought the marine defence unit of
ThyssenKrupp and renamed it Saab Kockums.

Apr 28, 2015

Boeing looks to car industry expert for jet production savings

By Tim Hepher and Alwyn Scott

(Reuters) – Boeing (BA.N: Quote, Profile, Research, Stock Buzz) plans to use newer and more standardised manufacturing techniques for its new 777X jetliner, paving the way for “significant” savings as it gradually feeds the changes back into existing assembly lines, a senior executive said.

The approach will draw increasingly on lessons learned from outside the aerospace industry and comes as the focus of the intense rivalry between Boeing and Airbus (AIR.PA: Quote, Profile, Research, Stock Buzz) shifts toward production strategies after a record boom in orders.

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.