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Jul 11, 2012

Suppliers face battle to meet plane order backlog

FARNBOROUGH, England, July 11 (Reuters) – While planemakers
are vaunting record order backlogs to draw attention from the
dearth of new deals at the Farnborough Airshow, their ability to
meet the demand on time rests on their suppliers, and it is far
from certain they will be able to cope.

U.S.-based Boeing and European rival Airbus
have orders for over 8,000 aircraft, enough to keep them busy
for the next six years, even without any new deals, and analysts
predict the industry must increase production rates by a huge 45
percent in volume by 2015 to cope with the demand.

Jul 10, 2012

Farnborough Airshow: Airbus fights back under dark skies

FARNBOROUGH (Reuters) – Airbus has won a potential $4.2 billion order for its A350 passenger jet, its first major deal at a subdued Farnborough Airshow, where a faltering global economy is casting clouds as dark as the skies over southern Britain.

The deal with Hong Kong airline Cathay Pacific is a major boost for the European planemaker, which has been struggling to sell its A350-1000 mini-jumbo and make a dent in Boeing’s (BA.N: Quote, Profile, Research) hold on a lucrative corner of the jet market, just below 400 seats.

Jul 10, 2012

Airbus fights back under dark skies

FARNBOROUGH, England, July 10 (Reuters) – Airbus
has won a potential $4.2 billion order for its A350 passenger
jet, its first major deal at a subdued Farnborough Airshow,
where a faltering global economy is casting clouds as dark as
the skies over southern Britain.

The deal with Hong Kong airline Cathay Pacific is
a major boost for the European planemaker, which has been
struggling to sell its A350-1000 mini-jumbo and make a dent in
Boeing’s hold on a lucrative corner of the jet market,
just below 400 seats.

Jul 9, 2012

Boeing lands first blow at Farnborough airshow

FARNBOROUGH (Reuters) – U.S. planemaker Boeing (BA.N: Quote, Profile, Research) landed the first blow at this week’s Farnborough Airshow, winning an order worth up to $7.2 billion from U.S. lessor Air Lease (AL.N: Quote, Profile, Research), as a market share battle with its European rival Airbus(EAD.PA: Quote, Profile, Research) plays out.

Boeing said on Monday under the grey skies of a typically unsettled British summer that the order was for 75 of its fuel-efficient 737 Max jets – a model that is key to its attempted fightback against Airbus’s rival A320neo short-haul aircraft.

Jul 9, 2012

Boeing lands first blow at airshow

FARNBOROUGH, England, July 9 (Reuters) – U.S. planemaker
Boeing landed the first blow at this week’s Farnborough
Airshow, winning an order worth up to $7.2 billion from U.S.
lessor Air Lease, as a market share battle with its
European rival Airbus plays out.

Boeing said on Monday under the grey skies of a typically
unsettled British summer that the order was for 75 of its
fuel-efficient 737 Max jets – a model that is key to its
attempted fightback against Airbus’s rival A320neo short-haul
aircraft.

Jul 4, 2012

Puma seeks motorsport niche in tough China market

DORTMUND, Germany, July 4 (Reuters) – As sports apparel
groups from Li Ning (2331.HK: Quote, Profile, Research) to Nike (NKE.N: Quote, Profile, Research) struggle in a
Chinese market flooded with sneakers, t-shirts and sports
jackets, Germany’s Puma (PUMG.DE: Quote, Profile, Research) sees clothing linked with
motorsport teams as a way to skirt the challenges there.

“We have to be clever, to find our niche,” Puma Chief
Executive Franz Koch told Reuters in Dortmund on Wednesday.

Jun 20, 2012

Nike, Adidas lead suppliers’ battle for gold

HERZOGENAURACH, Germany/LONDON (Reuters) – U.S. market leader Nike and German rival Adidas are locked in their own Olympic battle to boost athletes’ performance and squeeze maximum value out of next month’s Games in London.

The Games provide a showcase for new fashions and advances in technology which sportswear suppliers hope will drive sales at a time of economic turmoil in many of their markets.

Jun 20, 2012

Nike, Adidas lead suppliers’ battle for Olympic gold

HERZOGENAURACH, Germany/LONDON (Reuters) – U.S. market leader Nike(NKE.N: Quote, Profile, Research) and German rival Adidas(ADSGn.DE: Quote, Profile, Research) are locked in their own Olympic battle to boost athletes’ performance and squeeze maximum value out of next month’s Games in London.

The Games provide a showcase for new fashions and advances in technology which sportswear suppliers hope will drive sales at a time of economic turmoil in many of their markets.

Jun 20, 2012

Olympics-Nike, Adidas lead suppliers’ battle for gold

HERZOGENAURACH, Germany/LONDON, June 20 (Reuters) – U.S.
market leader Nike and German rival Adidas
are locked in their own Olympic battle to boost athletes’
performance and squeeze maximum value out of next month’s Games
in London.

The Games provide a showcase for new fashions and advances
in technology which sportswear suppliers hope will drive sales
at a time of economic turmoil in many of their markets.

May 31, 2012

Puma CEO eyes soccer over Bolt in 2012 sales race

LONDON, May 31 (Reuters) – German sportswear company Puma
is banking more on soccer than Usain Bolt to help it
to weather the European economic storms in a bumper summer of
sport, CEO Franz Koch said on Thursday.

Puma, the world’s number three sports apparel firm, has made
a sluggish start to the year and is exposed to the fallout from
the euro zone debt crisis in its largest region.

    • 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."
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