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Aircraft News - Europe.

Nov 13, 2006

Aeroflot, Boeing

Aeroflot has lost its delivery slots for 22 787s because the Russian government and the carrier's board have not signed off on the order and the slot transfer to SU shareholder Russian National Reserve Corp. expired last week. "We will now be looking for other alternatives. We remain in contact with Boeing," Aeroflot Deputy CEO Lev Koshlyakov said. NRC CEO Anatoly Danilitsky told Bloomberg that Boeing has returned a $40 million down payment and that a 787 order now "will be at higher prices and different time slots. The deal will have to be negotiated practically from scratch." Nov 7, 2006

Aeroflot, Sukhoi

Aeroflot's board said last week that production of the Sukhoi Superjet 100, for which the Russian flag carrier became the launch customer with an order for 30, "is being realized in conformity with the schedule and working plan." The RRJ is scheduled to be certified and delivered in 2008. Nov 7, 2006

Air France Industries

Air France Industries and KLM Engineering & Maintenance are looking into uniting under one brand, KLM E&M VP-Marketing, Sales & Customer Services Rob Pruim said at MRO Europe in Amsterdam. "We haven't taken any decision," he stressed, "but we have appointed consultants to see what the possibilities are. It's a delicate and difficult decision, because both Air France Industries and KLM Engineering & Maintenance are strong and recognized brands in the MRO market." Nov 7, 2006

Air France Industries

Air France Industries and KLM Engineering & Maintenance have started "full integration" of sales and customer support departments. "It's the next step in positioning ourselves as an MRO global leader," AFI VP-Marketing & Sales Christian Tallec noted. "Customers will have direct access to the combined portfolio of AFI or KLM E&M through a single point of contact, regardless of which entity carries out the maintenance." Nov 7, 2006

Airbus

Airbus A380 could become a bargain for some carriers. Patient airlines may eventually have the chance to purchase the Airbus A380 at bargain prices, industry analysts say. Airbus has pushed back the plane's delivery date three times because of production problems. "Airbus has to go to every customer hat in hand, get down on their knees and say, 'What can I do to make it right?'" says Edmund Greenslet, publisher of Airline Monitor, a trade publication. "One way to make it right is to make it cheaper." Nov 10, 2006

Airbus

Airbus A380 Woes Push EADS To Loss. Airbus parent EADS swung to a third-quarter operating loss after delays to the A380 superjumbo led to EUR1 billion euros (USD$1.28 billion) in charges. The loss before interest and taxes and before goodwill impairment and exceptional items was EUR239 million (USD$305.4 million), compared with a year-ago profit of EUR559 million (USD$714.4 million), EADS said on Wednesday. Nov 8, 2006

Airbus

Airbus announced a 12-year agreement with Skybus Airlines of Ohio for a Total Support Package covering the 65 A319s that the startup LCC purchased last month. Airbus said the deal "is the most comprehensive selection ever of Airbus fleet maintenance solutions built on the Air+ by Airbus services." The manufacturer selected MRO network partner Singapore Technologies Aerospace and Messier Bugatti to provide the support. Skybus expects to launch service next spring. Nov 8, 2006

Airbus

Airbus boosts budget for A350 to $12 billion. Airbus says it will boost spending on its A350, a long-range, fuel-efficient plane intended to compete with Boeing's 787 Dreamliner. Airbus will increase its budget for the plane by 20% to $12 billion. Nov 6, 2006

Airbus

Airbus To Cut Number Of Suppliers. Airbus, hit by costly delays on its A380 superjumbo and trying to reduce costs in the face of a lower dollar, will cut by 80% the number of its suppliers to around 500 from 3,000, a spokesman said on Monday. He was confirming a report on French LCI television station. Airbus, the civil plane making unit of EADS, said it was not planning to issue a statement on Monday regarding the supplier number cut. Nov 6, 2006

Airbus, Air France

Airbus, Air France Held Liable For 1992 Crash. A French court found Airbus and Air France liable on Tuesday for damages over a 1992 plane crash that killed 87 people near the eastern city of Strasbourg but cleared six people of criminal responsibility. The court ordered the companies to pay compensation to the relatives of those killed. The amount of damages, however, had yet to be determined, and Air France has already paid millions of euros in compensation. Nov 7, 2006

Airbus, boeing, Lufthansa

Lufthansa will wait until after Airbus firmly commits to the A350 XWB before making a decision on buying a 250-seat long-haul aircraft, VP-Americas Jens Bischof told reporters in Washington last week. The carrier will compare the revamped A350 with the 787. "We'll see who has the better product once the A350 redesign is done," he said. Nov 7, 2006

Airbus, EADS

Airbus, EADS reports third-quarter loss. Now the sole shareholder in Airbus, EADS felt the full impact of the aircraft manufacturer's troubles as it reported a [euro]195 million ($248.8 million) third-quarter loss, a reversal from a [euro]279 million profit in the year-ago quarter. Nov 9, 2006

Airbus, EADS

Airbus[sup.1]s remaining A380 freighter orders must be reconfirmed. Airbus parent EADS said Wednesday it might see more cancellations of the freighter version of its A380 airliner. EADS CFO Hans-Peter Ring says the company needs to reconfirm the 15 remaining orders from UPS and International Lease Finance. FedEx earlier this week canceled its orders for the A380. Nov 9, 2006

Airbus, EADS

Airbus, EADS reports large Q3 loss on A380 delays. Airbus parent EADS reported a large third-quarter loss that included $1.28 billion in charges related to delays in production of the A380 superjumbo jet. EADS said its board would decide in the coming weeks whether to proceed with development of the A350 XWB mid-sized aircraft. Nov 8, 2006

Airbus, EADS

Airbus, EADS said on Wednesday its board would make a decision on the future of the A350 XWB "in the weeks to come". The Power8 program would be "crucial" for the funding needs of the A350, should it go ahead, Ring said. Depending on the Airbus decision, contract charges would have to be taken in the fourth quarter, he added. The A350 charge would be up to EUR800 million (USD$1.02 billion) in the "worst case". EADS has repeatedly reassured investors in recent months that the Airbus A400M military transporter was on schedule. Ring said the company would share the conclusions of an internal technical assessment of the program in a few weeks. Nov 8, 2006

Airbus, EADS

Airbus, EADS is to report 9 month earnings on Wednesday.. Last week, EADS appointed Eurocopter's Fabrice Bregier as chief operating officer at Airbus and EADS finance director Hans-Peter Ring also became finance director at the unit. This completed a senior management overhaul started earlier in October when EADS co-chief executive Louis Gallois took the chief executive seat at Airbus. Gallois has said that Toulouse-based Airbus needed to cut costs to become more competitive in the face of a weaker dollar and eliminate duplication, created out of a four nation consortium with Germany, France, Great Britain and Spain. He has said the cost cuts were urgently needed to allow for the launch of another new plane -- the long-range A350. Nov 6, 2006

Airbus, EADS

Airbus A380 superjumbo delays have forced EADS, which has dual headquarters in Munich and Paris, to consider changing the way it manufactures large commercial jets. Berlin fears substantial job cuts in Germany. Chancellor Angela Merkel on Friday failed to produce a plan to secure new German investors in EADS after meeting the European aerospace firm's chiefs but said Berlin wanted to keep the German-French balance of power within the group. Germany is concerned that a move by founding EADS shareholder DaimlerChrysler to reduce its stake in the Airbus parent could diminish German influence in the company just as it is about to push through substantial cost cuts. EADS on October 13 bought back a 20 percent stake in itself from BAE Systems for EUR2.75 billion (USD$3.5 billion). Nov 6, 2006

Airbus, FedEx

Airbus received a further blow on Tuesday when FedEx said it cancelled its order for 10 A380-800F freighter aircraft because of delivery delays, opting instead to buy planes from rival Boeing. EADS finance head Hans Peter Ring meanwhile cast doubt over the A380 freighter version -- UPS has 10 on order, while International Lease Finance Corporation (ILFC) has five The biggest buyer of the world's biggest plane, Emirates, said last month it would send its own audit team to Airbus before entering talks to address the A380's two-year delay. Emirates has 43 of the USD$300 million planes on order. Investors are also keen to hear news on whether Airbus EADS plans to go ahead with the development of the A350 XWB mid-sized aircraft, crucial if Airbus wants to take on Boeing's fast-selling 787 Dreamliner. Nov 8, 2006

ATR

ATR is opening a new office in Sydney to serve customers in Australia, New Zealand and the South Pacific islands. Since January 2005 it has booked orders for 86 turboprops from Asia/Pacific carriers. Nov 6, 2006

Lufthansa Technik

Lufthansa Technik signed a six-year deal with Air Europa covering MRO on landing gear for at least 28 737NGs. Work will be performed in Hamburg while spare shipsets provided by LHT will be installed by the carrier and its Globalia Mantenimiento Aeronautico subsidiary in Palma de Mallorca. Nov 8, 2006

Z

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Oct 30, 2006
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Date:Nov 13, 2006
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