Victoria's Feed
Sep 11, 2012

Airbus ministers seek suspension of EU emissions plan

BERLIN (Reuters) – Aerospace officials of the European countries where Airbus makes its planes will push for a suspension of the European Union’s Emission Trading System (ETS) for airlines to avert retaliation from China, officials said on Tuesday.

“Airbus has left us with no doubt that the threat of retaliatory action is a clear and present danger to its order list,” Michael Fallon, new business minister in Britain, said at the ILA Berlin Air Show on Tuesday.

Sep 11, 2012

Airbus ministers seek delay to EU emission trade scheme

BERLIN (Reuters) – Aerospace officials of the European countries where Airbus makes its planes will push for a delay to the start of the European Union’s Emission Trading System to avert retaliation from China, officials said on Tuesday.

“Airbus has left us with no doubt that the threat of retaliatory action is a clear and present danger to its order list,” Michael Fallon, new business minister in Britain, said at the ILA Berlin Air Show on Tuesday.

Sep 10, 2012

Airshow: Airbus CEO warns A380 sales target tough to reach

BERLIN (Reuters) – Airbus’s (EAD.PA: Quote, Profile, Research, Stock Buzz) chief executive said a sales target for the European planemaker’s A380 superjumbo will be tough to reach after wing cracks put off prospective customers.

“We have a target of 30 aircraft but we probably will have some difficulty reaching it,” Fabrice Bregier told journalists late on Monday, a day before the ILA Berlin Air Show opens.

Sep 10, 2012

Airbus CEO warns A380 sales target tough to reach

BERLIN, Sept 11 (Reuters) – Airbus’s chief
executive said a sales target for the European planemaker’s A380
superjumbo will be tough to reach after wing cracks put off
prospective customers.

“We have a target of 30 aircraft but we probably will have
some difficulty reaching it,” Fabrice Bregier told journalists
late on Monday, a day before the ILA Berlin Air Show opens.

Sep 9, 2012

Berlin air show to give glimpse of delayed airport

BERLIN, Sept 10 (Reuters) – The ILA Berlin Air Show this
week will bring some long-awaited action to the city’s new
airport, a source of embarrassment to Germany’s capital
following multiple delays to its opening.

A spotless new runway, so far unused for commercial flights,
will finally feel the burn of rubber as flying displays show off
aircraft including the Eurofighter jet and Eurocopter’s new
high-speed helicopter X3.

Sep 7, 2012

Lufthansa ends labor strikes, agrees on arbitration

FRANKFURT (Reuters) – Lufthansa (LHAG.DE: Quote, Profile, Research) has ended a run of strikes which had led to the cancellation of more than 1,000 flights after conceding to a key demand by organised labor, with both sides agreeing to seek arbitration next week.

“We hope that this step will help UFO to join us in constructive talks to come up with a competitive pay structure for cabin crew,” Lufthansa Chief Executive Christoph Franz said in a statement.

Sep 7, 2012

Lufthansa makes concession in cabin crew pay row

FRANKFURT (Reuters) – Lufthansa on Friday offered permanent contracts to some temporary cabin crew in an attempt to end a run of strikes which has caused the cancellation of over 1,000 flights and cost the German airline over 10 million euros.

“We hope that this step will help UFO to join us in constructive talks to come up with a competitive pay structure for cabin crew,” Lufthansa Chief Executive Christoph Franz said in a statement.

Sep 7, 2012

Lufthansa, cabin crew to resume talks over strikes

FRANKFURT (Reuters) – The union representing striking cabin crew at Lufthansa (LHAG.DE: Quote, Profile, Research, Stock Buzz) said it would resume talks on Friday afternoon with the airline in a bitter row over pay and conditions that led to a 24-hour strike on Friday, the biggest stoppage to date.

Speaking to protesters through a megaphone at Frankfurt’s Terminal 1, UFO head Nicoley Baublies said he had telephoned Lufthansa to try to end what he described as “trench warfare”.

Aug 14, 2012

TUI AG says business on track after good summer

FRANKFURT, Aug 14 (Reuters) – German travel and tourism
group TUI AG said it expects a good financial
performance this year after strong summer trading helped it beat
analyst forecasts for its third-quarter results.

“Trading for the peak summer season is encouraging and
together with positive forex effects, we are confident for the
fourth-quarter performance,” Chief Financial Officer Horst Baier
told analysts on Tuesday.

Aug 2, 2012

Adidas outruns rivals in tough markets

FRANKFURT, Aug 2 (Reuters) – World No.2 sporting goods maker
Adidas said that a summer of sport was boosting
demand for its three-stripe products, helping it stay a step
ahead of rivals and avoid the worst of a slowdown in sales
growth in China and Europe.

“If the world collapses it might hit us as well, but I do
believe, without sounding too confident, that we are much better
than our competitors,” Chief Executive Herbert Hainer said on
Thursday, after forecasting 2012 earnings towards the top of its
target range.

    • About Victoria

      "Based in Frankfurt, covering German companies in the retail, travel and leisure sectors. In my previous Reuters incarnation in London, I focused on green tech firms, utilities and an array of smallcaps that came my way on the Breaking News team. I started my career as a translator with the Financial Times in London before switching into journalism."
    • Follow Victoria