Tim's Feed
May 13, 2015

Investigators seek quick clues on A400M crash despite data hitch

PARIS (Reuters) – Investigators hope to have preliminary clues within 48 hours on what caused an Airbus military plane to crash with the loss of four lives, but must first overcome technical difficulties in reading crucial flight data, a French military official said.

The Airbus A400M troop and cargo plane crashed shortly after takeoff outside Seville on Saturday, prompting four nations to ground the plane and France to limit its use to essential operations. Spain also withdrew permission for flight tests.

May 13, 2015

Thales drops plan to split top roles after Proglio snub

PARIS, May 13 (Reuters) – France’s Thales moved
quickly on Wednesday to overcome a snub by one of France’s
leading businessmen, asking its chief executive to lead the
board after Henri Proglio refused to accept the chairmanship of
Europe’s largest defence electronics group.

The surprise decision by Proglio to walk away from the
non-executive job scuppered a plan to split the two senior roles
that was designed to smooth relations between the French state
and industrial shareholder Dassault Aviation.

May 11, 2015

Airbus shares fall after A400M military plane crash

PARIS (Reuters) – Shares in Airbus Group (AIR.PA: Quote, Profile, Research, Stock Buzz) fell on Monday after the weekend crash of an A400M military plane increased investors’ anxieties over Europe’s largest and heavily delayed defense project, while the planemaker pledged to overcome the tragedy.

Shares in Europe’s largest aerospace group, which hit a record high in April, fell 3.8 percent to 61 euros in morning trading, erasing gains seen in the previous week.

May 7, 2015

Airbus surges past Boeing in orders, lags in deliveries

PARIS/DUBAI (Reuters) – Airbus (AIR.PA: Quote, Profile, Research, Stock Buzz) has moved ahead of U.S. rival Boeing (BA.N: Quote, Profile, Research, Stock Buzz) in their race for aircraft orders thanks to a large Latin American win, setting the tone for what could be a fiercely competitive Paris Airshow next month.

The European planemaker won orders for 229 aircraft between January and April. After cancellations, net orders totaled 209, it said on Thursday.

May 6, 2015

Germanwings pilot rehearsed crash on outbound flight

PARIS (Reuters) – The Germanwings co-pilot suspected of deliberately crashing a jet in the French Alps rehearsed the fatal maneuver on the morning of the disaster, and had twice been refused medical papers needed to fly, investigators said on Wednesday.

The French BEA accident investigation agency said the co-pilot had five times set the autopilot to take the Airbus down to just 100 feet while the captain was out of the cockpit on the outbound flight to Barcelona from Duesseldorf.

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”.