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Company Watch - Airbus.

Nov 6, 2006

Airbus

Airbus EADS Names Airbus COO And CFO. European aerospace group EADS said on Tuesday its board had appointed Fabrice Bregier, 45, as chief operating officer at troubled commercial aircraft subsidiary Airbus. Nov 3, 2006

Airbus

Airbus EADS Stake Talks Continue Before Merkel Meeting. Talks on private German investors taking a stake in European aerospace firm EADS are continuing ahead of a meeting on Friday between Chancellor Angela Merkel and company managers, a senior German government source said on Tuesday. Nov 3, 2006

Airbus

Merkel Gives EADS Backing, But No Investor Package. Chancellor Angela Merkel failed to produce a plan to secure new German investors in EADS after meeting the European aerospace firm's chiefs on Friday but said Berlin wanted to keep German-French parity in the group. Nov 3, 2006

Airbus

No Airbus A350 Decision On Tuesday. The board of aerospace group EADS will not decide at a meeting this Tuesday whether to launch the A350 XWB mid-sized aircraft, a source close to the company said on Sunday, denying a French newspaper report. Nov 3, 2006

Airbus

EADS appoints two managers to key roles at Airbus. EADS has appointed two of its managers to key management positions at Airbus in a move to solidify its control of the jetmaker's management. EADS named Fabrice Bregier chief operating officer and Hans Peter Ring chief financial officer. Nov 1, 2006

Airbus

EADS, continuing its overhaul of Airbus management, yesterday appointed Fabrice Bregier, 45, COO of the aircraft manufacturer effective immediately. He will report to new Airbus CEO Louis Gallois, with whom he will form the Airbus President's Office, EADS said in a statement. Bregier previously was head of the EADS Eurocopter Division and has served as president and CEO of the Eurocopter Group since 2003. In addition, EADS CFO Hans Peter Ring was named Airbus CFO. He will retain his post at EADS. Nov 1, 2006

Airbus

Airbus insiders told this website that the company has decided to opt for a composite fuselage for the A350 to better match the 787 and leapfrog the 777-200ER even though the latest revision will push the type's entry into service to at least 2014. The manufacturer unveiled the current upgrade with a cabin 12 in. wider than the A330 and new high-speed wing at the Farnborough Airshow. ILFC Chairman Steven Udvar-Hazy was lukewarm on that concept, questioning whether Airbus could take on both the 787 and 777 with a single platform and warning that "there are challenges for [just] one engine and one wing and there are still [engine] issues for the A350-1000 as airlines want two engine choices." An announcement of the change to the all-composite airframe is expected early in November. Oct 31, 2006

Airbus

Germans continue to discuss Airbus EADS stake. German officials continue to discuss the possibility of private German investors taking a stake in EADS. Chancellor Angela Merkel will meet with EADS managers on Friday. The government is concerned that DaimlerChrysler may reduce its stake in the Airbus parent, which would diminish Germany's influence in the company. Oct 31, 2006

Airbus, ALAFCO

Kuwait's ALAFCO Buys Six Airbus A320s. Kuwait's Aviation Lease and Finance Company (ALAFCO) said on Wednesday it had acquired six Airbus A320 aircraft for USD$300 million. Nov 3, 2006

Airbus, Emirates

Emirates cancels A340 order, sends auditors to assess A380. Emirates Airlines has canceled an order for 10 A340-600 airliners and will instead fly Boeing 777s, Executive Vice Chairman Maurice Flanagan says. The airline is also sending auditors to assess Nov 3, 2006

Airbus, Emirates

Emirates President Tim Clark reinforced the push for a major revision of the A350 XWB first revealed last week, telling media that "Airbus would have to go beyond the current design of the A350 if it wants to win the order," Reuters reported. Clark was addressing media at the opening of the airline's new A380 gates at London Heathrow and added, "It has to be better than the current A350 XWB." Oct 31, 2006

Airbus, Emirates

Emirates appears to have confirmed speculation that it will cancel its order for 10 A340-600s plus 10 options. President Tim Clark told reporters at London Heathrow that EK is unhappy with the aircraft and that the order has been taken up by a third party, according to AFP, while AFX News quoted an EK spokesperson as saying the A340-600 "didn't deliver what it set out to deliver in the blueprint. It was far heavier than the original spec had been...That was part of it and other aircraft had come in its place that were far more economic." Oct 30, 2006

Airbus, Germanwings

Germanwings updated its fleet delivery schedule, saying it will add five new A319s next year and seven A320 family aircraft in 2007. It currently operates 24 A320 family aircraft. It projects it will carry 10 million passengers in 2008. Nov 2, 2006

Airbus, Qantas Airways

Qantas Orders More Airbus A380s. Australia's Qantas Airways has placed firm orders for eight more Airbus A380s, worth USD$2.4 billion at list prices. Nov 3, 2006

Lufthansa, Rolls-Royce, Airbus

Lufthansa selected the Rolls-Royce Trent 700 to power the five Airbus A330s it ordered last month. The $300 million deal includes a TotalCare long-term services agreement. Deliveries begin in the first quarter of 2008. Oct 30, 2006

Northwest Airlines, Boeing, Airbus

Northwest nears retirement of all DC-10s. Northwest Airlines will stop flying Boeing built by Douglas DC-10s on Jan. 7. The airline is replacing the planes with the Airbus A330, which burns less fuel and carries more passengers. Oct 31, 2006

Qantas, Airbus

Qantas adds eight to A380 order. Qantas gave Airbus a lift with an order for an additional eight A380s, taking its firm commitments to 20 of the aircraft. Oct 31, 2006

Rolls-Royce, Airbus

Rolls-Royce says deliveries are unaffected by Airbus problems. Rolls-Royce says its suspension of work on engines for the Airbus A380 will not affect the company's turnover. "Our deliveries for the next two years are completely unaffected by the orders in the short term," Rolls-Royce CEO John Rose says. "What we are seeing is a continued high level of activities in the airlines that will materialize in deliveries a long time in the future." Nov 2, 2006

Shanghai Airlines, Airbus

Shanghai Airlines became an Airbus customer for the first time with an order for five A321s. The aircraft are part of China Aviation Supplies Import and Export Group's order for 150 A320 family aircraft placed last year. Although the airline operates a nearly all-Boeing fleet (it said it flies 13 757-200s, six 767-300s, six 737-700s and 16 737-800s), President Zhou Chi said the A321 "meet[s] our strategic development plan," which includes "entering into the new phase of expanding internationally and comprehensively." Nov 1, 2006

Singapore Airlines, Rolls-Royce, Airbus

Singapore Air Picks Rolls-Royce For A330s. Singapore Airlines said on Friday that it had chosen the Rolls-Royce Trent 700 engine for the 19 Airbus A330-300s which are due for delivery by 2011. Nov 3, 2006

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Oct 30, 2006
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