Tim's Feed
Dec 18, 2013

Soccer-QPR want Redknapp for the long-term – Fernandes

PARIS, Dec 18 (Reuters) – Queens Park Rangers owner Tony Fernandes would like to see Harry Redknapp stay at the Championship leaders for years to come and is confident he can keep him despite interest from elsewhere.

If some Tottenham Hotspur fans still have a hankering for their former boss Redknapp, with the North Londoners seeking a replacement for sacked Andre Villas Boas, Fernandes is confident his manager is settled.

Dec 15, 2013

Insight: Key Canada win signals Boeing bid to regain market share

PARIS/SEATTLE (Reuters) – A few months ago Boeing Commercial Airplanes Chief Executive Ray Conner launched an internal campaign to urge the company’s staff to fight for every sale following a series of defeats to European rival Airbus.

Its slogan: “We’re in it to win it.”

No longer would Boeing let Airbus walk away with a larger share of the market with competitive deals. In the new campaign, Boeing would redouble efforts to recapture customers without sacrificing profitable growth.

Dec 15, 2013

Key Canada win signals Boeing bid to regain market share

PARIS/SEATTLE, Dec 15 (Reuters) – A few months ago Boeing
Commercial Airplanes Chief Executive Ray Conner launched an
internal campaign to urge the company’s staff to fight for every
sale following a series of defeats to European rival Airbus.

Its slogan: “We’re in it to win it.”

No longer would Boeing let Airbus walk away with a larger
share of the market with competitive deals. In the new campaign,
Boeing would redouble efforts to recapture customers without
sacrificing profitable growth.

Dec 13, 2013

AIG seen in talks to sell jet-leasing unit to AerCap

By Neha Dimri and Tim Hepher

(Reuters) – U.S. insurer American International Group (AIG.N: Quote, Profile, Research, Stock Buzz) is in talks to sell its aircraft leasing business to AerCap Holdings NV (AER.N: Quote, Profile, Research, Stock Buzz), a person briefed on the discussions said.

AIG, which was nearly wiped out by derivative bets in the financial crash, has been seeking for some time to sell International Lease Finance Corp (ILFC) to help repay the costs of a 2008 U.S. government bailout.

Dec 12, 2013

Airbus promises to limit development risks

PARIS (Reuters) – European aerospace group EADS (EAD.PA: Quote, Profile, Research, Stock Buzz) pledged to shun risky investments and new aircraft programs for at least a decade as it promised investors a smoother ride under its Airbus brand in the wake of earlier development problems.

The head of its Airbus planemaking division, Fabrice Bregier, said it had stabilized production problems on the Airbus A380 superjumbo and the A400M military airlifter which had caused the company significant headaches in recent years.

Dec 12, 2013

Airbus to focus on current products and reduce risk

PARIS, Dec 12 (Reuters) – European aerospace group EADS
pledged to shun risky investments and new plane
programmes as it looked to bury the ghost of troubled projects
and promised investors a smoother ride in coming years.

The head of its Airbus planemaking division, Fabrice
Bregier, said it had stabilised production problems on the A380
superjumbo and the A400M military airlifter which had caused the
company significant headaches in recent years.

Dec 11, 2013

Air Canada to buy up to 109 Boeing 737 MAX planes

By Tim Hepher and Susan Taylor

(Reuters) – Air Canada (ACb.TO: Quote, Profile, Research) said on Wednesday it will purchase up to 109 of Boeing Co’s (BA.N: Quote, Profile, Research) 737 MAX under its narrow-body fleet renewal plan, a major win for the aircraft maker and significant shift in supplier for Canada’s largest carrier.

The agreement, which includes 61 firm orders, will replace Air Canada’s existing mainline fleet of Airbus (EAD.PA: Quote, Profile, Research) narrow-body aircraft, the carrier said, confirming an earlier Reuters report.

Dec 11, 2013

Air Canada in talks to buy over 100 Boeing jets-source

Dec 11 (Reuters) – Air Canada, the country’s
largest airline, is in advanced talks to buy or place options
for more than 100 of Boeing Co’s 737 MAX aircraft, a
source familiar with the matter said on Wednesday.

Boeing is trying to outpace European rival Airbus
for the lucrative deal to renew the Canadian flag carrier’s
fleet of mainly Airbus narrow-body aircraft.

Dec 11, 2013

EADS limits profitability hit from A350, shares jump

PARIS (Reuters) – Airbus parent EADS (EAD.PA: Quote, Profile, Research, Stock Buzz) said its new A350 jet would be a less significant drag on 2015 profits than investors feared, sending its shares higher as Europe’s largest aerospace company sharpens its focus on buoyant civil markets.

EADS, which plans to change its name to Airbus Group in 2014 to reflect the dominance of its planemaking subsidiary, updated its mid-decade forecasts to take account of early deliveries of its first all-new wide-body jet in a decade.

Dec 11, 2013

EADS strategy to stress Airbus commercial jets; defence, space revenues flat

PARIS, Dec 11 (Reuters) – Airbus parent EADS was poised on
Wednesday to set out a two-tier strategy stressing growth in
civil jetliners coupled with a forecast of flat defence and
space activities throughout the decade.

The European aerospace group has ditched efforts to balance
civil and defence revenues, which are skewed heavily towards its
Airbus. EADS previously said it plans in 2014 to change its name
to Airbus to reflect growing reliance on the commercial jetliner
division.