Jun
28
787 – another pic.
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Jun
28
Alitalia – Aeroflot withdraws from the auction
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Citing lack of ‘access to critical information,’ Aeroflot withdraws from AZ auction
Three weeks after insisting it would see the process through to the end, Aeroflot yesterday announced it would withdraw from the bidding for the Italian government’s stake in Alitalia.
“Aeroflot and its advisers have not had access to critical information with respect to the commercial [...]
Jun
28
EC breaks with precedent, denies Ryanair’s Aer Lingus bid.
In what clearly can be called an unprecedented decision, the European Commission yesterday moved to prohibit the proposed takeover by Ryanair of smaller rival Aer Lingus.
The EC said a merger would harm consumers by creating a monopoly on 22 routes and a dominant position with a market [...]
Jun
27
Ryanair wants Aer lingus, EC to block it.
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Ryanair says EC to block Aer Lingus takeover, vows to fight ‘unlawful’ decision
Ryanair said yesterday that it expects the European Commission to block its proposed €1.48 billion hostile takeover of Aer Lingus and vowed to fight the decision vigorously.
The EC has until July 4 to issue a ruling on the merger, but Ryanair CEO Michael [...]
Jun
26
787 – a first look.
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Doesn’t she look beautiful?
Jun
22
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Boeing is delighted with sales progress for the 747-8, according to Chairman, President and CEO Jim McNerney, who said, “we have more orders [87] than we thought,” and that Lufthansa’s order for 20 passenger models “has obviously helped” the program.
Randy Tinseth, VP-marketing at Boeing Commercial Airplanes, highlighted that the 747 has outsold the A380 since [...]
Jun
21
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Air France KLM Group ordered nine 777-300ERs and seven 737-700s in a deal valued at $2.7 billion, marking the first time the combined airline has announced an airplane acquisition at the group level.
The orders previously were accounted for as being for unidentified customers. KLM will operate the 737-700s while the 777-300ERs will be added to [...]
Jun
20
Chinese set to make bid for major stake in Airbus
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It didn’t take long for them to get their act together did it? If you want to get a grip on the world stage in the aircraft manufacturing game, there are several ways of doing it. This looks like being the fastest.
Additionally, how does the saying go? “If you want their hearts and minds, [...]
Jun
20
Airbus in talks to sell off its wing works.
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Airbus is in talks to sell off almost all its Bristol wing manufacturing business in a move that will mean a new employer for 1,800 of its workers by the end of the year.
The European aerospace giant insists the action, unprecedented in the UK aerospace industry, is necessary to guarantee the long-term future of [...]
Jun
19
Airbus at Le Bourget.
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339 orders and commitments on the first day. Airbus unveiled over 300 orders on the opening day of the 47th Paris air show at Le Bourget. With sales to Qatar Airways, ALAFCO, GECAS, Jazeera, Nouvelair and to US Airways, Airbus left the industry in no doubt about the strength of its order book and its ability [...]