GO
Loading...

European Aeronautic Defence and Space Company EADS NV

More

  • Air France-KLM deferral of Boeing 777 raises concern Friday, 19 Dec 2014 | 6:22 PM ET

    SEATTLE, Dec 19- Boeing Co faced a potentially larger gap in production of its 777 jetliner after Air France-KLM said on Thursday that it plans to defer delivery of 10 Boeing 777 s following its third profit warning in six months. Boeing is on track to build about 500 777 s before it transitions to the successor 777 X model in 2020, based on its current production...

  • *Boeing effectively ruled out as a supplier. BRUSSELS, Dec 19- The Netherlands, Poland and Norway are to negotiate with Airbus to buy four military in-flight refuelling planes, European defence officials said on Friday. The announcement means Boeing has effectively been ruled out of the contest to supply the planes since the European consortium had asked for...

  • PARIS, Dec 17- A management reshuffle at Airbus this week marks another step towards focusing Europe's biggest aerospace company on industrial performance rather than the political interests of key shareholders France and Germany, industry sources said. But Tuesday's announcement also includes a nod towards national sensitivities, while not letting...

  • PARIS, Dec 16- Airbus Group on Tuesday announced the resignation of the no.2 at its planemaking unit, Chief Operating Officer Gunter Butschek, after 2-1/ 2 years in the role. Butschek will be succeeded by Tom Williams, executive vice president in charge of Airbus programs, who will in turn be replaced by A350 program chief Didier Evrard, who has completed...

  • Alcoa buying Tital to help expand aerospace unit Monday, 15 Dec 2014 | 10:17 AM ET

    NEW YORK— Alcoa is buying a Germany titanium and aluminum structural castings company, Tital, to help expand its global aerospace business. Alcoa, which is based in New York with key operations in Pittsburgh, has been shifting from mining and smelting aluminum to making products that can be shaped into parts for autos and airplanes. Alcoa Inc. also said that...

  • PARIS, Dec 12- Airbus said on Friday that the delivery of the first Airbus A350 to Qatar Airways has been rescheduled for December 22. Confirming an earlier Reuters report, Airbus said in a media invitation that the delivery ceremony would go ahead in Toulouse on December 22 and would include a preview flight. Airbus has pledged to deliver the first A350, developed...

  • NEW YORK, Dec 11- The chief executive officer of United Technologies Corp said on Thursday the company would not offer an engine for widebody planes anytime soon because of the difficult financial case for it. United Tech's Pratt& Whitney unit is offering its new geared turbofan engine for smaller commercial airplanes, such as Airbus' popular A320neo...

  • *Euro STOXX 50 up 0.5 pct; Greece's ATG down 7.4 pct. LONDON 1/ 4 PARIS, Dec 11- Euro zone shares snapped a three-day losing streak on Thursday, taking their lead from gains on Wall Street after some stronger-than-expected consumer spending data from the United States. If Prime Minister Antonis Samaras fails to secure victory for his presidential candidate, snap...

  • Dec 11- The head of Dubai- based airline Emirates has reacted angrily to a suggestion by Airbus that it might stop making its A380 superjumbo airliner, telling Reuters it could double its investment if the planemaker agreed to upgrade the A380 instead. Tim Clark, president of Emirates, said he had protested to Airbus after its finance director aired the...

  • Euro zone shares halt slide on ECB stimulus hopes Thursday, 11 Dec 2014 | 6:24 AM ET

    *Euro STOXX 50 up 0.2 pct, FTSEurofirst 300 down 0.3 pct. *Airbus sags; worries on demand for fuel-efficient aircrafts. LONDON 1/ 4 PARIS, Dec 11- Euro zone shares halted a three-day losing streak on Thursday as expectations for further monetary stimulus were underpinned by low take-up for the European Central Bank's latest round of cheap loans.

  • PARIS, Dec 11- The head of Dubai's Emirates issued a furious reaction to a public suggestion by Airbus that it might discontinue the A380 superjumbo and told Reuters it was ready to invest massively in an upgraded version if the planemaker went ahead with it. Tim Clark, president of Emirates airline, said he had protested to Airbus after its finance director aired...

  • European shares extend slide; Airbus drops again Thursday, 11 Dec 2014 | 4:29 AM ET

    *Airbus sags; worries on demand for fuel-efficient aircrafts. PARIS, Dec 11- European shares fell in early trading on Thursday, losing ground for the fourth session in a row, as this week's slump in oil and iron ore prices weighed on a number of resource-related stocks. Shares in Airbus fell as much as 4.5 percent, adding to a 10 percent drop in the previous session...

  • *Airbus sees flat profit in 2016 vs expectations for growth. *Airbus shares close down 10 percent. BERLIN/ GENEVA, Dec 10- Airbus shares slid 10.4 percent on Wednesday, their worst drubbing in more than six years, after the planemaker predicted flat profits in 2016, surprising investors who had expected new and recently upgraded models to start boosting results...

  • OTTAWA, Dec 10- Canada will stay part of Lockheed Martin Corp's F-35 Joint Strike Fighter program while a decision is made on whether to actually buy the plane, the government said on Wednesday. The decision on how to replace Canada's current ageing fleet of Boeing Co CF-18 fighters has become a major political problem for Canada's Conservative government.

  • European shares extend sell-off, Airbus plunges Wednesday, 10 Dec 2014 | 12:51 PM ET

    PARIS, Dec 10- European stocks fell for a third session in a row on Wednesday as a further plunge in crude prices knocked down the shares of oil majors and oil services groups such as Royal Dutch Shell and Fugro. Shares in Shell dropped 2.4 percent and Fugro tumbled 11 percent as Brent crude oil fell below $65 a barrel on mounting signs of oversupply and lacklustre...

  • UPDATE 2-Airbus shares slump after 2016 profit warning Wednesday, 10 Dec 2014 | 12:44 PM ET

    *Airbus sees flat profit in 2016 vs expectations for growth. *Airbus shares close down 10 percent. BERLIN/ GENEVA, Dec 10- Shares in Airbus suffered their worst drubbing in more than six years on Wednesday after the planemaker predicted flat profits in 2016, a year in which investors had expected it to start feeling the benefit of new and recently upgraded models.

  • Airbus shares sink on A350 delivery delay Wednesday, 10 Dec 2014 | 11:43 AM ET

    PARIS— Airbus shares have plunged on the Paris stock exchange after Qatar Airways said it would postpone delivery of the first A350 jet "until further notice." Airbus shares slumped more than 10 percent to 43.20 euros in afternoon trading after Qatar Airways, which was due to take delivery of the first A350 on Saturday, announced the fresh delay with no...

  • PARIS/ LONDON, Dec 10- European stocks fell for a third session in a row on Wednesday, as a further drop in crude prices knocked down the shares of oil majors and oil services groups such as Royal Dutch Shell and Fugro. Shares in Shell dropped 1.7 percent and Fugro tumbled 12 percent as Brent crude oil slipped below $65 a barrel, hitting a five-year low on rising...

  • Nut rage spat latest stumble for Korean Air family Wednesday, 10 Dec 2014 | 5:03 AM ET

    SEOUL, South Korea— When South Koreans heard that a Korean Air Lines executive delayed a flight because she was angry at being served macadamia nuts in a bag there was outrage but no surprise. In the headline hogging incident now dubbed "nut rage," Cho Hyun- ah, the airline's head of cabin service and daughter of its chairman, ordered a senior crew member off the plane,...

  • *Skymark in talks with four funds on capital injection. *Skymark is also talking to JAL on code-sharing. Skymark, which began code-sharing talks with Japan's second-largest carrier Japan Airlines Co Ltd last month, will also hold similar talks with their bigger rival ANA.