Aircraft News - Europe.Jul 30, 2007 Adria Airways Adria Airways is an airline based in Ljubljana, Slovenia, Europe. It is the national airline of Slovenia and a regional member of the Star Alliance. It operates international scheduled services throughout Europe and charter services to destinations in Europe and the Middle East. Adria Airways said revenues generated by its MRO MRO In currencies, this is the abbreviation for the Mauritanian Ouguiya. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. center in Ljubljana during the first half of 2007 rose 64% over the year-ago period as it serviced 43 third-party aircraft and added that it will start construction of a third hangar this fall. "In the last few years the volume of business in the aircraft maintenance sector has dramatically increased, so expansion is essential," President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Tadej Tufek said, noting new business opportunities have emerged from outside Europe. Jul 26, 2007 Adria Airways, Bombardier, Airbus Adria said it has extended contracts with each of its current 18 customers while attracting 11 new customers for Bombardier CRJ CRJ redirects here. For other meanings of CRJ see CRJ (disambiguation) The Bombardier CRJ (Canadair Regional Jet) is a family of regional airliners manufactured by Bombardier, and based on the Canadair Challenger business jet. and Airbus A320 MRO, including five-year deals with Wizz Air Wizz Air is a Polish/Hungarian low-cost airline focusing on the markets of Central Europe. Its main base is Katowice International Airport (Poland). It also has bases at Budapest Ferihegy International Airport (Hungary) , Warsaw Frederic Chopin Airport (Poland), Gdańsk Lech , Air Berlin, Malev Hungarian Airlines, Eurowings and Lufthansa CityLine Lufthansa CityLine GmbH is an airline based in Cologne, Germany. It is a wholly owned subsidiary regional airline of Lufthansa and member of the Lufthansa Regional network. It is the largest regional airline in Europe. . With its order for CRJ CRJ Canadair Regional Jet CRJ Chiropractic Research Journal CRJ Commission for Racial Justice CRJ Cylinder Reduction Jumper 900s , it will expand its MRO operation and already has signed My Air and Air One to MRO contracts. Jul 26, 2007 Airbus US Claims In Airbus Dispute Exaggerated. The United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. has "vastly exaggerated" the amount of aid European governments have given aircraft maker Airbus, European Union European Union (EU), name given since the ratification (Nov., 1993) of the Treaty of European Union, or Maastricht Treaty, to the European Community trade officials said on Monday in a brief given to reporters. "The US is now seeking to argue that the benefit of MSF MSF Manufacturing, Science, and Finance (Union) (member state financing) alone amounts to as much as USD USD In currencies, this is the abbreviation for the U.S. Dollar. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. $205 billion and is actively trying to 'sell' this vastly exaggerated amount," the EU said in the brief. "The US magically reaches this 'estimate' by compounding interest on subsidies dating back as far as 1967." Applying the same method, the EU could calculate US support for Boeing at USD$305 billion, instead of the USD$23.7 billion it has actually alleged, the EU said. Jul 24, 2007 Airbus Five Airbus specialists were being sent to Brazil on Wednesday to help investigate the crash of an Airbus A320 aircraft that skidded off a runway, leaving all 176 people aboard feared dead and killing at least 15 others on the ground, the company said. Jul 23, 2007 Airbus, Boeing EU, U.S. trade charges of rule-breaking to favor Airbus and Boeing. In competing complaints to the World Trade Organization, the EU and the U.S. have accused each other of providing too much assistance to aerospace companies Boeing and Airbus. Both allege damage to their own industries. Jul 26, 2007 Airbus, EADS EADS European Aeronautic Defence and Space Company N.V. EADS Expeditionary Air Defense System (USMC) EADS Extended Air Defense Systems EADS Environmental Assessment Data System EADS Echelons Above Division Study Airbus parent EADS confirmed the one billion euro target on Thursday but said this was "before any impact from the A400M cost assessment". The tactical heavy lifter designed for 7 European NATO NATO: see North Atlantic Treaty Organization. NATO in full North Atlantic Treaty Organization International military alliance created to defend western Europe against a possible Soviet invasion. nations is now expected to stage its inaugural flight in the summer of 2008, later than the previous target of early 2008. EADS had already announced a three month production delay. "The (A400M) program contains material risks on the overall time schedule, and system providers continue to face challenges that may (imply) late design implications," it said. The EADS figures came after rival Boeing reported a higher-than-expected second-quarter profit and raised its full-year forecasts on Wednesday. Jul 26, 2007 Airbus, EADS Airbus parent EADS group reiterated its forecast for a low single-digit percentage drop in 2007 sales and "roughly stable" EBIT EBIT See: Earnings Before Interest and Taxes EBIT See earnings before interest and taxes (EBIT). , while tightening its euro exchange rate assumption to USD$1.35 from USD$1.30. The euro currently stands at USD$1.37. EADS has predicted a "substantial" loss for the second year in a row for Airbus in 2007 but a combined EBIT close to EUR EUR In currencies, this is the abbreviation for the Euro. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 1 billion for the combined helicopters, defense and space businesses. For aircraft orders and deliveries go to http://airguideonline.com/aircraft_orders.htm Jul 26, 2007 Airbus, EADS Airbus parent EADS said the "risk level on certain key programs" prevented it from raising its other core forecasts despite the stronger operating performance at its biggest unit Airbus. EADS is in the midst Adv. 1. in the midst - the middle or central part or point; "in the midst of the forest"; "could he walk out in the midst of his piece?" midmost of examining the costs of another major Airbus project, the A400M military airlifter, and has run into problems in delivering the NH90 military helicopter on time. Its Eurocopter unit took a EUR105 million euro NH90 charge. Jul 26, 2007 Airbus, EADS Airbus parent EADS said its cash position had been bolstered by a big harvest of orders at the Paris air show The Paris Air Show (Salon International de l'Aéronautique et de l'Espace, Paris-Le Bourget) is an international trade fair for the aerospace business. It is held at Le Bourget airport near Paris, France every odd year, alternating both with the Farnborough International . Airbus bagged a record tally of orders at the June event, triggering a slew of down payments on future deliveries. Full-year cash-flow is now expected to be positive compared with a shortfall of up to EUR1 billion forecast in May. Jul 26, 2007 Airbus, EADS Airbus Parent EADS said second-quarter earnings before interest and tax fell to EUR278 million from EUR863 million a year earlier. Quarterly sales fell 4 percent to EUR9.509 billion and net profit fell 85 percent to EUR81 million. The figures included a EUR500 million charge for the cost of redesigning and relaunching the Airbus A350 -- now dubbed A350 XWB XWB Extra Wide Body (Airbus) for "extra wide body" -- to compete with the successful 787 Dreamliner which has strongly boosted Boeing's fortunes. The charge came on top of a restructuring charge restructuring charge The expense of reorganizing a company's operations. A restructuring charge is an infrequent expense that generally results from asset writedowns or facility closings. of EUR688 million taken in the first quarter as Airbus cuts 10,000 jobs to compensate for the dollar's record weakness against the euro and repair the cost of delays to its A380 superjumbo. For aircraft orders and deliveries go to http://airguideonline.com/aircraft_orders.htm Jul 26, 2007 Airbus, EADS Airbus Parent EADS Beats Q2 Forecasts, Takes A350 Charge. European aerospace group EADS on Thursday reported a smaller than expected drop in second-quarter earnings while taking a EUR500 million euro charge for the recent redesign of its next Airbus passenger jet. EADS ditched its earlier pessimism over its ability to generate cash in 2007 in the face of a weak dollar but warned of risks to major military projects. Jul 26, 2007 Airbus, EADS Airbus parent EADS warns of military aircraft delays. Officials at EADS say the Power8 corporate restructuring now under way will save the company an estimated $412 million in 2007, but that delays to two important military projects are a worry. The Eurocopter NH90 military helicopter and the A400M military transport aircraft will both likely be delivered later than anticipated. Jul 26, 2007 Aurigny Air Services, ATR ATR Achilles tendon reflex, see Ankle reflex Aurigny Air Services, the state airline of Guernsey, has ordered two ATR72-500s direct from the manufacturer at Toulouse. The 70-seat aircraft joins a fleet of three earlier ATR72-200 models. Jul 25, 2007 Aurigny Air Services, ATR Aurigny Air Services, the state airline of Guernsey, has ordered two ATR72-500s direct from the manufacturer at Toulouse. The 70-seat aircraft joins a fleet of three earlier ATR72-200 models. Both aircraft will be delivered in 2010, equipped with the 'Elegance' cabin as well as the newest technological innovations in passenger comfort, communications and navigation tools. Turboprops, such as the ATR, are selling strongly at the moment due to their low fuel burn and emissions. Jul 25, 2007 British Airways, Airbus, IAE IAE Institut d'Administration des Entreprises (France) IAE International Aero Engines IAE Impuesto de Actividades Económicas IAE In Any Event IAE Integrated Acquisition Environment IAE Inflatable Antenna Experiment British Airways chose IAE V2500s to power eight new A320 family aircraft scheduled for delivery in 2008-10. Engines are worth $136 million at list prices. BA also signed a long-term maintenance agreement with IAE. The airline currently has 67 Airbus narrowbodies, 58 of which are powered by V2500s. Nine are powered by CFMI engines. Jul 23, 2007 Finnair, ATR Finnair announced the sale of four 68-seat ATR72s operated by its Aero subsidiary to ATR Leasing. The airline said the profit of approximately [euro]5.5 million ($7.6 million) will be spread between the second quarter (around [euro]4.5 million) and the third (more than [euro]1 million). Aero will continue to operate three ATR72s primarily on routes from Helsinki to Tallinn, Tampere and Turku. Jul 25, 2007 Lufthansa Lufthansa Technik signed Total Component Support and Total Engine Support deals with Aegean Airlines covering up to 27 A320 family aircraft and the IAE V2500s being phased into the Greek carrier's fleet. The eight-year deal is worth approximately $100 million, LHT LHT Long Haul Trucker (bicycle) LHT Long Holding Time LHT Long Haul Transmission LHT Lord High Treasurer LHT Low Harmonic Technology (Siemens) LHT Long Haul Terminal (Alcatel) said. Jul 26, 2007 Rolls-Royce Rolls-Royce record orders at Paris air show demonstrate strength of portfolio. Rolls-Royce confirmed today that it had secured business worth a total of $15.1 billion at the Paris air show. On the eve On the Eve (Накануне in Russian) is the third novel by famous Russian writer Ivan Turgenev, best known for his short stories and the novel Fathers and Sons. of the show, the company was selected to power the C-27J transport aircraft for the US armed forces, and also signed an agreement to develop a new corporate jet engine for Dassault. During the air show, commitments were announced for 728 engines on a total of 355 aircraft. New customers were announced in Latin America and Russia, joining those from the Middle East, Asia, Europe and America who also placed orders. Jul 26, 2007 Rolls-Royce Rolls-Royce Underlying Pretax Up 17 Percent. British engine maker Rolls-Royce posted a 17 percent rise in underlying profit before tax. Underlying profit rose to GBP GBP In currencies, this is the abbreviation for the British Pound. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 380 million pounds (USD$782.7 million) for the six months to June 30, Rolls said in a statement to the London Stock Exchange London Stock Exchange London marketplace for securities. It was formed in 1773 by a group of stockbrokers who had been doing business informally in local coffeehouses. . The maker of engines for aircraft and ships as well as turbines for the energy industry said sales on an underlying basis rose 10 percent. Revenues from services rose by 9 percent and made up 53 percent of the total. The company said it proposed an interim dividend of 4.04 pence per share, up 10 percent. Jul 26, 2007 Rolls-Royce Rolls-Royce has the broadest portfolio of power systems and services in the aerospace industry. The Group provides engines for more than 30 types of civil aircraft, and its products are in service with 41 of the world's top 50 airlines and cargo carriers and 160 armed forces. Jul 26, 2007 Singapore Airlines, Airbus Airbus said Friday that "final preparations" are underway for the October delivery of the first A380 to Singapore Airlines. The manufacturer said the aircraft returned to Toulouse after undergoing cabin interior installation in Hamburg. Jul 23, 2007 Sterling Airlines, Aviation Partners Boeing Sterling Airlines announced the delivery of Aviation Partners Boeing blended winglet wing·let n. 1. A small or rudimentary wing. 2. A short, almost vertical stabilizing fin projecting from the tip of an aircraft wing. shipsets for seven Boeing 737-700s and one 737-800. It also has options on a further eight and already operates four winglet-equipped 737-800s. Jul 27, 2007 Virgin Atlantic Airways Virgin Atlantic Airways appointed Steve Griffiths director-engineering. Jul 24, 2007 ZZ Editorial eMail: edit@AirGuideOnline.com For Air Transport & Travel Business Experts contact our Director of Content Aram Gesar eMail: bizintel@AirGuideOnline.com For more global news, reviews, features and analysis, please subscribe to our Newsletters: http://www.airguideonline.com/order_formsubs.htm#news To Advertise: advert@AirGuideOnline.com AirGuideFlightTracker is a new service that keeps travelers informed on flight and airport status via the Web. For more go to http://www.airguideonline.com/airline_tracker.htm Copyright [c] 2007 Pyramid Media Group / Air Travel Media. All rights reserved. |
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