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Old July 19th, 2010, 08:18 PM   #1
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The 'Airbus' thread

Airbus Concept Plane: The future of flying



Want to know what the aeroplanes of the future might look like? Well, look no further because Airbus has unveiled its Concept Plane which it says shows "what air transport could look like in 2050 - even 2030 if advancements in existing technologies continue apace".

The ultra-long passenger plane, has slim wings, semi-embedded engines, a U-shaped tail and is built out of light weight "intelligent" materials.
Eco-warriors needn't fall out of their tree-houses either - the Concept Plane has "eco-efficiency" at the forefront of its mantra with less fuel needed meaning lower emissions and less noise.

Charles Champion, executive VP at Airbus said: “The Airbus Concept Plane represents an engineer’s dream about what an aircraft could look like in the long term future. It’s not a real aircraft and all the technologies it features, though feasible, are not likely to come together in the same manner.
"Here we are stretching our imagination and thinking beyond our usual boundaries. With the Airbus Concept Plane we want to stimulate young people from all over the world to engage with us so that we can continue to share the benefits of air transport while also looking after the environment”.

Airbus' plans for the interior of its future planes have also been revealed and they sound incredible. We could be seeing seats made from ecological, self-cleaning materials, that can morph and change their shape for comfort.

We might also be seeing walls that can become see-through, giving you a 360 degree view of the world below. This feature sounds perfect for a prank whereby you can scare the life out of any passengers by screaming to wake them and then laughing at their horror as they think they are about to fall out of the sky.

The Airbus Concept Plane is part of the Farnborough International Airshow which runs until 25 July.

http://www.pocket-lint.com/news/3439...-flight-future
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Old July 19th, 2010, 08:40 PM   #2
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GE Capital Aviation Services orders 60 A320 Family Aircraft



GE Capital Aviation Services (GECAS), the commercial aircraft leasing and financing arm of General Electric [NYSE: GE], has signed a firm order for 60 additional A320 family aircraft. This new order brings the total number of A320 family aircraft ordered by GECAS to 327 and the backlog of aircraft to be delivered to 99 aircraft.

“We’re pleased to announce the growth of our A320 fleet with this new order today,” said Norman C.T. Liu, president and CEO of GECAS. “We have a solid track record of placing A320s with our customer base across the world.”

“GECAS’ order is a further demonstration of the strong demand for the A320 family and underlines its attractiveness to leasing companies, who are returning to the market with full steam,” said Tom Enders, Airbus President and CEO. “The low operating costs and proven high dispatch reliability offered by the A320 family make it the preferred choice for operators in all sectors, and a strong asset for the GECAS portfolio.”

GECAS customers will be able to select the Sharklet option for aircraft to be delivered from the end of 2012. Sharklets have been developed to enhance the eco-efficiency and payload-range performance of the A320 family resulting in at least 3.5 percent reduced fuel burn over longer sectors.

Airbus aircraft share a unique cockpit and operational commonality, allowing airlines to use the same pool of pilots, cabin crews and maintenance engineers, bringing operational flexibility and resulting in significant cost savings.

The A320 Family, which includes the A318, A319, A320 and A321, is recognised as the benchmark single-aisle aircraft family. More than 6,500 Airbus A320 Family aircraft have been sold to more than 310 customers and operators worldwide, making it the world’s best selling commercial jetliner ever. With proven reliability and extended servicing periods, the A320 Family has the lowest operating costs of any single aisle aircraft. Uniquely, the A320 Family offers a containerized cargo system, which is compatible with the world-wide standard wide-body system.

http://event.airbus.com/airshows/far...-aircraft.html
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Old July 23rd, 2010, 02:53 PM   #3
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Virgin America buys 40 Airbus A320s

Virgin America, the upstart San Francisco-based airline backed in part by Britain’s Sir Richard Branson, announced a major expansion of its fleet Thursday.

Virgin is ordering 40 new Airbus A320 airliners and taking options on 20 more. With that order and planes from other sources, the airline expects its fleet to be 90 aircraft by 2016.

Alaska, headquartered in SeaTac, has fought with Virgin America on the West Coast. That fight has ignited fierce fare wars up and down the coast with fares between Seattle and San Francisco as low as $49 each way.

Alaska has complained unsuccessfully to the federal government that Virgin America is violating the rule against foreign airline ownership. That rule limits foreign control of domestic carriers to a minority stake.

http://www.thenewstribune.com/2010/0...40-airbus.html
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Old July 23rd, 2010, 03:00 PM   #4
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AIR SHOW: Airbus Announces Plane Order From Thai Airways Intl

FARNBOROUGH, England (Dow Jones)--Commercial aircraft builder Airbus, a division of the European Aeronautic Defence & Space Co. NV (EADS.FR), said Wednesday that Thai Airways International PCL (THAI.TH) intends to buy seven more A330-300 wide-bodied aircraft in a deal worth $1.5 billion on the basis of list prices.

Thai Airways International will take delivery starting in 2011.

Airbus Chief Operating Officer, Customers John Leahy said the Memorandum of Understanding will likely be transformed into a full purchase agreement by the end of the summer.

Thai Airways International will use the aircraft on routes to Asia, the Middle East and western Australia, the managing director of the airline's technical department Montree Jumrieng told a press conference at the Farnborough International Air Show.

http://online.wsj.com/article/BT-CO-...21-704772.html
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Old August 13th, 2010, 02:51 PM   #5
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Thai Airways confirms order for seven A330s

Thai Airways International (THAI) has finalised a purchase agreement with Airbus for the firm order of seven A330-300s, confirming a commitment announced at last month's Farnborough Air Show. Deliveries will begin at the end of 2011 and the newly ordered aircraft will join an existing fleet of 20 A330-300s at THAI flying to destinations across the Asia-Pacific region.

"THAI has ordered the additional A330-300 aircraft to meet our medium haul requirement and enable us to continue to operate one of the most modern and efficient fleets in the region," said Piyasvasti Amranand, President, Thai Airways International. “Our fleet strategy aims to improve efficiency and reduce carbon emissions by matching aircraft size to market demand, while working on fleet simplification in the long-term. The popular A330 remains an important part of that strategy.”

"This latest order from THAI is another vote of confidence in the proven efficiency, low operating costs and wide passenger appeal of the A330," said John Leahy, Airbus Chief Operating Officer, Customers. "We are pleased that the A330 will continue to be an important part of the THAI fleet for many years to come, underscoring its status as the most efficient mid-size widebody aircraft in-service today."

The modern and efficient A330 is one of the most widely used widebody aircraft in service today. To date, Airbus has won more than 1,000 firm orders for the various versions of the aircraft. More than 700 A330s have already been delivered and the aircraft is currently flying with over 80 operators worldwide.
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Old August 14th, 2010, 07:01 PM   #6
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EADS Bullish on Airbus, Raises Order Projection to More Than 400



Improved sales have convinced Airbus parent company EADS to raise production rates for its A320 family of narrow-bodied airliners to 38 units per month by August 2011 and to 40 units by the second quarter of 2012. (Copyright Airbus)

EADS has raised its order projection for its Airbus unit this year to more than 400 aircraft from its previous estimate of between 250 and 300 following a better-than-expected sales showing at last month's Farnborough airshow and indications of further strengthening in the narrowbody market in particular. Late last month Airbus said it would raise the monthly production rate of its A320 series aircraft to 38 per month in August 2011 and to 40 per month in first quarter 2012. The company currently turns out 34 A320s per month and plans to raise that its rate to 36 in December.

“For several months now, we have been seeing a progressive upturn in the global aviation market,” said Louis Gallois, CEO of Airbus parent EADS. “The commercial results of Q2 reflect the picture to some degree. At the Farnborough airshow we and our friends at Boeing both asserted greater confidence in a sustained market upturn.

“This development is especially encouraging in view of our goal of improving profitability in our Airbus unit,” added Gallois. “The progress made in existing programs, particularly the A380 also raises confidence in our profitability going forward.”

Despite the improvements, EADS acknowledged that the A380 continues to weigh significantly on underlying performance and that the A350XWB has exhausted most of the buffer Airbus built into its schedules to meet first delivery in the summer of 2013.

“At Airbus, good underlying performance of the single-aisle and long-range aircraft is weighed down by the A380 by roughly the same amount as last year, as was expected,” said EADS CFO Hans Peter Ring.

Gallois added that Airbus delivered “good commercial results” in the first half, collecting net firm orders for 117 airplanes, including an order for 32 more A380s from Emirates. At Farnborough, the company collected firm orders for 133 aircraft, along with memoranda of understanding covering 122. Through the end of June Airbus delivered 250 aircraft, compared with 254 during the same period a year earlier.

Although still a loss-making enterprise, the A380 program has shown efficiency improvements, with 10 airplanes delivered as of July 30, said Gallois, who expressed confidence that Airbus would deliver 20 of the super jumbos by year-end. “As expected, the program is stabilizing and we are making significant progress on the learning curve,” he said.

http://www.ainonline.com/news/single...han-400-25811/
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Old August 16th, 2010, 01:23 PM   #7
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Airbus Should Launch All-New A320 If Boeing Does The Same With The 737


Summary

Airbus may have its resources stretched thin across two disastrous programs in the A400M and A380, but if Boeing goes with an all new 737, Airbus should do the same and replace the A320 to marginalise possible new market entrants.


Analysis
Embraer may still be sitting on the sidelines avoiding the catastrophic mistake that Bombardier has made by sizing the failed CSeries all wrong, but if Boeing goes down the route of an all new 737 replacement, it would make sense for Airbus to do the same.

The re-engine case works for the A320 a little better because its higher wing can accommodate both Pratt & Whitney GTF and CFM International LEAP-X engines where only the latter will fit on the current 737, but if both OEMs moved to a new design, such a move would completely ostracise the likes of Embraer and Bombardier.

Irkut’s MC-21 and COMAC’s C919 will struggle beyond their domestic markets – these do not represent a big threat, other than the C919 in China where domestic airlines will pick the type ahead of the current A320/737 models if they are not replaced.

Airbus believes Boeing will follow their lead if they re-engine the A320. Given Boeing’s less-than-lukewarm conviction behind the merits of re-engining, Jim McNerney made it clear that customers want something new. Airbus’ reluctance to go with something new is threefold; it is cash strapped, it is resourced constrained and it has committed itself (rather late in the game) to fitting winglets to new build A320s.

Given the recent WTO ruling condemning illegal aid to subsidise Airbus’ portfolio, launching a new A320 would give parent EADS a shot at exploring more open market and commercial lending to keep risk manageable – particularly if Airbus could secure risk sharing partners.

John Leahy’s argument that the technology doesn’t exist to make a new narrowbody efficient enough is a myth – if you can make and A350XWB or 787 using new materials, you can do it with a smaller jet – the only difference being that it may need to be sized bigger than the A320s and 737s in service today to make it worthwhile.

It is highly unlikely that Airbus’ A320 customer base would part money with a re-engined jet only to have something supplant it just a few years later. Customers have wanted something new for years and it can only be put on the backburner so many times. If Boeing goes with something new and Airbus procrastinates, they will lose business and lots of it.

That could be the catalyst for the CSeries to win business as well and Airbus has made it overtly clear that it will not yield an inch to the Canadian “PowerPoint Jet”.

Bringing a replacement A320 to market makes much more sense than trying to update a jet which is entering its third decade without any major aerodynamic improvements (such as a new wing which the current Next Generation 737 benefited from) – adding a new engine may not be the answer for airlines and that’s something Airbus has little choice but to acknowledge.

http://www.glgroup.com/News/Airbus-S...737-50027.html
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Old August 21st, 2010, 02:26 PM   #8
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The initial A330-200F reports for duty with Etihad Airways

Airbus’ first A330-200F has joined the fleet of Etihad Airways, bringing highly efficient, reliable and profitable cargo lift capability with a new mid-size jetliner for this United Arab Emirates airline’s air freight operations.

The milestone A330-200F was delivered this month with a flight from Toulouse, France – where the aircraft was assembled – to Etihad’s base in Abu Dhabi. It follows a formal handover of the jetliner to Etihad Airways during a ceremony in July at the U.K.’s Farnborough International Airshow.

This A330-200F will enter service next month with the Etihad Crystal Cargo operation – which offers a comprehensive range of air freight services to destinations on the airline’s expanding route network.

In addition to its new A330-200F, Etihad’s dedicated cargo fleet also includes two leased A300Fs – which are operated on scheduled routes to Europe, Asia and Africa. Its inventory will be further expanded in October with delivery of the carrier’s second A330-200F.

The A330-200F’s upcoming service entry is well-timed for Etihad Crystal Cargo, coming on the heels of a record July, when the airline carried more than 30,000 shipments – driven by increased volume from Pakistan, Australia, China and Bangladesh, transporting more than 23,000 tonnes of cargo.

This performance is another sign of the global air freight market’s rebound, and underscores the A330-200F’s market entry today as “the right aircraft, right now” for cargo operators and aircraft leasing companies worldwide.

Airbus currently holds 64 firm orders from 10 customers for the A330-200F, which is based on its popular A330-200 passenger jetliner. In addition to offering better payload, range and economics than previous-generation freighters in its class, the A330-200F also provides the full benefits of operational commonality with the fly-by-wire family of Airbus single-aisle and widebody jetliners.

http://www.airbus.com/en/myairbus/my...gle/?tx_ttnews[tt_news]=4563&tx_ttnews[backPid]=1918&cHash=c6d7ebff8d
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Old September 9th, 2010, 03:38 PM   #9
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EADS says won't kill price to win tanker


(Reuters) - European aerospace group EADS (EAD.PA) vowed on Wednesday to stop short of offering below-cost refueler aircraft in its high-stakes rematch against Boeing (BA.N) for a potential $50 billion U.S. Air Force contract.

Boeing supporters in Congress have accused the Airbus parent company of preparing to engage in dumping with the help of European subsidies by offering cheap planes to win the politically sensitive contest for 179 refueling planes.

EADS Chief Executive Louis Gallois told Reuters the company would make money even as it competes aggressively to win the hotly contested defense deal to be announced this fall.

"We are not ready to kill the price," Gallois told the Reuters Aerospace and Defense Summit.

"Clearly we can live without the tanker deal but we want to earn money on this deal if we win it. The board of EADS has given me clear indications they want to have a profitable contract."

He said winning the deal would be strategically important for Franco-German-led EADS, which faces defense cuts and currency pressures in its home markets, but not at any cost.

"It is important for strategic reasons because we would become a U.S. aircraft manufacturer. It is very important. Economically we can live without it -- it is 15 planes a year."

EADS is offering to assemble commercial freighters in the same Alabama plant it proposes to use to put together tankers from parts produced in Europe. Gallois said it had no current plans to move other types of passenger jet production there.

The contest marks the third time the Air Force has sought to start replacing Eisenhower-era tanker aircraft. The purchase has long been listed as the Air Force's top acquisition priority.

FINAL A400M DEAL SOON

On Tuesday, a Boeing executive left open the possibility of trimming its bid to deny the deal to EADS.

"On price, I am happy to see Boeing is expressing its views. The only thing I can say to you is that we will be profitable," Gallois said, declining to give further details on the offer.

Boeing backers in the U.S. Congress have urged the Pentagon to add to EADS's bid price the estimated value of what the World Trade Organization has ruled were improper subsidies on the Airbus A330-200, the model on which the EADS tanker is based.

The European Union has appealed the finding, and EADS expects to recover ground when the WTO gives a preliminary view on an EU counter-suit next week, while Boeing has expressed confidence on both cases which it says are in any case not linked.

Gallois warned of stiffer competition on world export markets for Western arms as budget pressures force governments on both sides of the Atlantic to cut their spending.

Defense companies must come up with ways of helping governments defer spending, such as leasing military hardware and providing related services rather than focusing on outright sales, he said.

He said he expected European nations to agree by the end of the deal to ratify a provisional deal to bail out the Airbus A400M military airlifter after cost overruns and delays.

European nations agreed in March to pump an extra 3.5 billion euros into the 20-billion-euro project but talks to finalize the deal have been prolonged by British and German defense reviews which are expected to lead to significant spending cuts.

http://www.reuters.com/article/idUSTRE6873XE20100909
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Old October 1st, 2010, 01:02 PM   #10
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Lufthansa Group to order 40 Airbus aircraft worth $4.3 billion

Lufthansa’s Supervisory Board has approved the acquisition of 40 Airbus aircraft worth approximately US$4.3 billion. These aircraft are destined for Lufthansa, plus two of the Group’s subsidiary airlines: SWISS and Germanwings. The orders comprise: 20 A320 Family aircraft and three A330-300s for Lufthansa; four A320 Family aircraft and five A330-300s for SWISS; and eight A319s for Germanwings. With this order, the Lufthansa Group, Airbus’s biggest airline customer, will have acquired a combined total of 410 Airbus aircraft.

“Our decision to acquire additional Airbus aircraft is testament not only to their advantageous operating costs, reliability and performance, but also to our long-standing partnership with Airbus,” says Nico Buchholz, Lufthansa’s Executive Vice President, Group Fleet Management. He adds: These Airbus aircraft will provide eco-efficiency, seamless comfort, passenger appeal and operational synergies across the Lufthansa Group.”

“We are proud that Lufthansa Group has again chosen Airbus aircraft to strengthen its fleet,” said John Leahy, Airbus Chief Operating Officer Customers. “Lufthansa, SWISS and Germanwings will all benefit from full operational flexibility and commonality thanks to the Airbus Family concept. We are confident that these efficient and modern aircraft will continue to contribute to their success.”

Today Lufthansa Group is Airbus’ biggest operator worldwide with around 325 Airbus aircraft currently in service. These include: 227 A320 Family; 30 A330s; 65 A340s; and three A380s. In addition to this latest decision for 40 aircraft, the Lufthansa Group has an order backlog of a further 51 Airbus aircraft to be delivered. These include 36 A320 Family, three A330s, and 12 A380s.

The A320 single-aisle Family, specialising on short to medium-haul sectors, has established itself as the industry standard for passenger comfort and offers the lowest-operating cost per seat. Over 6,600 have been sold and around 4,400 delivered to more than 300 customers and operators worldwide, making it the world’s best-selling commercial jetliner ever.

Meanwhile, the versatile A330 Family specialises in medium to long ranges and combines high comfort standards, interior flexibility and superior economics with exceptional operational reliability exceeding 99 per cent. Encompassing the A330-200 and A330-300 passenger versions and now also the dedicated A330-200 Freighter, the A330 is the most popular wide-body commercial aircraft in its category, with a combined order total exceeding 1,100.
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Old October 3rd, 2010, 08:01 PM   #11
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Airbus bets on India and China

European aircraft manufacturer Airbus Industrie has forecast that Indian airlines are likely to place orders for a substantial number of planes.

Airbus President and CEO Tom Enders, said Indian airline companies were likely to order 638 single-aisle aircraft, 287 twin-aisle aircraft, 68 “very large” passenger craft, and 39 cargo aircraft during next two decades. “The value of orders is expected to be about $138 billion,” Mr. Enders said. Referring to the demand for new aircraft, Mr. Enders said, “India and China are the two main centres in the world.”

Mr. Enders said the Airbus' engineering centre in Bangalore had established ties with 25 suppliers. Apart from engineering companies, IT companies were also associated with the company, he said.

Kiran Rao, Executive Vice-President, Sales and Marketing, Airbus India, said Airbus' share of the 508 aircraft ordered by Indian airline companies was nearly 70 per cent between 2005 and 2009. Mr. Rao said Airbus had a 19 per cent stake in the global market for civilian aircraft in 1995, the remaining 81 per cent being with Boeing. “We have steadily caught up with Boeing, having a market share of 54 per cent in 2009,” he said.

Mr. Rao said Chinese airlines were likely to order three times the number of planes that Indian airline companies were likely to order in the next 20 years from Airbus.

Mr. Rao said the “sharklet” wingtip design, which would be installed in Airbus aircraft from 2012, would result in a fuel saving of 3.5 per cent, resulting in an increase in the flying range.

“This might appear to be a small saving, but the fact that fuel costs account for about half the operating cost of an airline, implies that this can have a huge impact,” Mr. Rao said.

Eugen Welte, CEO, Airbus engineering centre India, “We plan to increase the headcount at the centre to 400 from 180 by 2013,' he told The Hindu.

“A cluster is emerging here (in Bangalore), but the scale is still low,” he said.
http://www.thehindu.com/business/Ind...icle807212.ece
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Old October 5th, 2010, 10:25 PM   #12
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Airbus Secures 379 Jet Orders to Date, Close to Full-Year Goal

Airbus SAS, the world’s biggest commercial planemaker, won orders for 379 planes through September, extending its lead over Boeing Co. and bringing the maker of the A320 jet just shy of its year-end goal.

Airbus raised its target for orders to more than 400 in July as airline traffic picked up. Net orders this year, a figure that strips out cancellations, came to 328, the Toulouse, France-based planemaker said in a statement today, compared with 288 at Boeing.

The tally means Airbus will likely remain ahead of Boeing for an eighth straight year. Boeing’s 787 Dreamliner, originally scheduled for first delivery in May 2008, won’t enter airline fleets until 2011 following repeated production delays.

Deliveries through Sept. 30 at Airbus came to 380 planes. Boeing had handed over 308 by the end of August.

Airbus is targeting about 500 deliveries in 2010, up from 498 last year. Boeing on July 28 said it expected to hand over as many as 465 planes this year.

Boeing has been harder hit by cancellations than Airbus. Customers scrapped 27 orders for the 777 model and 32 for the 787 through Sept. 28, according to the latest data available. It also had 14 cancellations for 737s. At Airbus, a total of 51 cancellations included seven A350-900s, six A330 widebodies, and 36 single-aisle planes.

Airbus’s A350 model, scheduled for first delivery in mid- 2013, won 53 orders through September, bringing the tally to 558.

http://www.bloomberg.com/news/2010-1...year-goal.html
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Old February 8th, 2011, 02:53 PM   #13
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Really good report on John Leahy, "The man who sold the sky" :

http://graphics.thomsonreuters.com/specials/Leahy.pdf
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Old March 9th, 2011, 08:41 PM   #14
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Cathay Pacific orders 15 Airbus A330-300s, 10 Boeing 777-300ERs

Cathay Pacific Airways has ordered 15 Airbus A330-300s, set for delivery starting in 2013, and 10 Boeing 777-300ERs.

“The A330 has proved itself to be an extremely efficient and versatile aircraft for Cathay Pacific, flying on Asian regional services and longer operations to the Middle East and Australia,” Cathay Chief Executive Tony Tyler said in a news release. “Our latest order reflects our confidence that the A330 will continue to meet our needs well into the future, both economically and operationally, as a key part of our fleet.”

In a financial filing (pdf), Cathay said it also agreed Wednesday to buy 10 777-300ER jets from Boeing, for delivery in 2014 and 2015. The order is worth $2.7 billion at list prices, although Boeing (as is typical) granted “significant price concessions,” Cathay said.
http://blog.seattlepi.com/aerospace/...bus-a330-300s/
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Old March 16th, 2011, 12:57 PM   #15
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Airbus order surge lifts cash-rich EADS

(Reuters) - Airbus parent EADS returned to profit in 2010 and bagged a slew of new aircraft orders, pushing its shares up even as airlines fretted about surging oil prices.

Slightly better than expected 2010 results marked a sharp reversal from a year ago, when Europe's largest aerospace company was pushed into the red by a crisis over military aircraft delays and saw only lackluster prospects for recovery.

But a $31 billion slew of commercial airplane orders in the past 36 hours, about half of which will benefit Airbus with the rest scooped up by rival Boeing, highlighted growth in emerging markets which planemakers see as a recession cure.

"The commercial market has seen an impressive rebound, especially in the growth-hungry emerging markets," Finance Director Hans Peter Ring said.

EADS shares were up 2 percent at 20.234 euros by 1353 GMT, the top gainers on the French benchmark CAC40 index, after earlier rising as much as 4.2 percent.

That was despite an increase in oil prices that saw Qantas Airways and Singapore Airlines raising fuel surcharges, while Cathay Pacific warned growing energy costs could hurt its profits.

"Oil prices provide a short-term pressure for airlines, but in the long term they provide pressure to renew their fleets," EADS Chief Executive Louis Gallois said.

Brent crude oil prices rose 79 cents on Wednesday to just under $114 a barrel. EADS said it would need to monitor developments in North Africa, oil prices and currencies.

Russia's Aeroflot and Cathay Pacific wrote cheques for Airbus or Boeing jets on Wednesday, extending a flow of deals that included a provisional 100-jet order for a fuel-saving Airbus model from leasing giant ILFC on Tuesday.

But there was uncertainty over the impact of Libyan unrest on the economy and potentially awkward questions for EADS as it tries to complete a one-year-old deal to receive cash from European governments for its troubled Airbus A400M aircraft.

Downpayments from airlines handed Franco-German-led EADS a record cashpile of 12 billion euros at the end of 2010.

"The problem is that they went cap in hand to European governments who agreed despite the financial crisis to give money for the A400M, including 1.5 billion euros in cash," said a leading European aerospace analyst, asking not to be named.

From a financial point of view, with cash generating next to no return compared with the cost of equity or debt, analysts say the trove of cash makes little financial sense.

"It seems like a large number to be sitting on," Societe Generale's Zafar Khan told company leaders in a conference call.

EADS officials said one reason for the 2 billion cash increase in the past year was a rebound in financial markets, which had dampened the need for Airbus to finance its clients.

They also said there were no plans for a share buyback.

ACQUSITIONS PLANNED


Instead, EADS aimed to breathe new life into longstanding plans to embark on acquisitions, especially in the United States, where it hopes to expand its presence after losing a contest with Boeing to supply tankers to the Air Force.

"I think you will hear something on that in 2011," Finance Director Hans Peter Ring said of acquisitions, adding that the company's previously stated target of 1-2 billion euros in acquisitions was "not a magic figure."

Ring told journalists contacts had been made "across the Atlantic" but declined to elaborate.

Chief Executive Louis Gallois said EADS would "probably" first seek to build a U.S. pillar for its activities alongside Europe and emerging markets, but could also expand in Europe.

However, he noted that French defense group Thales, which EADS once tried to buy, was "not for sale."

EADS posted higher than expected 2010 revenue of 45.8 billion euros ($63.65 billion), up 7 percent, and operating profit of 1.231 billion euros. It restored a dividend of 22 euro cents after posting a net profit of 553 million euros.

Analysts were expecting EADS operating profit of 1.236 billion euros on revenue of 44.681 billion and net profit of 500 million, according to a Reuters poll.

In 2009, EADS sank to a net loss of 800 million euros after taking provisions on delays to the Airbus A400M military plane.

For 2011, EADS predicted unspecified growth in revenue and said operating profit before one-off items would be stable, compared with 1.3 billion euros in 2010.

Industry analysts say the company's core industrial shareholders, Germany's Daimler and Lagardere of France, will be unwilling to let EADS go on too costly an acquisition drive as they seek to exit the business.

But Gallois denied his hands were tied and said the EADS board fully backed the company's acquisition strategy.

EADS was forged from a merger of aerospace assets of France, Germany and Spain in 2000 and also incorporates aircraft wing manufacturing based in Britain. Its first decade was marked by bitter in-fighting and delays to its A380 superjumbo and A400M.

"We had the turbulence over the A380 and the financial crisis, and now we are in a better position to look at acquisitions in a serene way," Gallois said.

(Editing by James Regan and Will Waterman)

http://www.reuters.com/article/2011/...9?pageNumber=2
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Old March 16th, 2011, 01:09 PM   #16
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Leasing firm to buy 100 Airbus, 33 Boeing planes

WASHINGTON (AFP) – US aircraft rental firm International Lease Finance Corporation said Tuesday it will buy 100 Airbus A320s and 33 Boeing 737-800s, in deals worth more than $12 billion.

Los Angeles-based ILFC, which controls a fleet of 930 jets leased to airlines around the world, did not give details of its target markets for the new jets, but said deliveries would begin next year.

The company, a unit of bailed-out insurance giant American International Group, said the purchases were possible thanks to new financing that boosted its liquidity.

ILFC said Boeing would begin delivering the 737-800 aircraft in 2012; Boeing gave a list-price value for the deal of more than $2.6 billion.

The Airbus order will replace a previous ILFC deal for 10 Airbus A380s, ILFC said.

''These orders rebalance ILFC's order book and allow us to continue to offer the most technologically advanced single-aisle aircraft to our customers,'' said chief executive Henri Courpron.

''They perfectly complement our existing widebody orders for the 787 and A350 aircraft,'' he said in a statement.

''We are pleased that the liquidity initiatives completed over the last twelve months have put ILFC in a position to take on these orders for new aircraft,'' said chief financial officer Fred Cromer.

The ILFC order came on the heels of an announcement by Hong Kong Airlines of 38 Boeing aircraft and Beijing flag-carrier Air China's order of five new Boeing 747-8 jumbo jets.

http://www.mb.com.ph/articles/308669...-boeing-planes

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Old June 14th, 2011, 05:15 PM   #17
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Airbus Reveals its Cabin of the Future

A futuristic concept of air travel in which passengers will be able to gaze up at sunny or starry skies through a transparent cabin has been presented by planemaker Airbus .

The concept cabin for travellers in 2050 would be a bionic structure that mimics the efficiency of bird bone.

It would provide strength where needed, and also allows for an "intelligent" cabin wall membrane which controls air temperature and can become transparent to give passengers open, panoramic views.

The cabin would have seats that fit passengers' body shapes and travellers might be able to read bedtime stories to their children back home, Airbus said.

Showing off its concept cabin, the company also said that mid-century passengers might be able to enjoy a game of virtual golf or take part in interactive conferences, while the cabin "identifies and responds" to travellers' needs.

The cabin of the future follows last year's unveiling of the Airbus concept plane, packed with technologies to reduce fuel burn, emissions, waste and noise.

In the cabin concept, new personalised zones replace the traditional cabin classes.

The "vitalising zone" helps passengers relax, with vitamin and antioxidant-enriched air, mood lighting, aromatherapy and acupressure treatments.

In the "interactive zone" there are virtual pop-up projections taking passengers to whichever social scene they want to be in, from holographic gaming to virtual changing rooms for active shoppers.

The "smart tech zone" is tailored towards the more functional-oriented passenger with what Airbus describes as "a chameleon-style offering, to meet individual needs ranging from a simple to a complete luxury service, but all allowing you to continue life as if on the ground".

Airbus engineering executive vice-president Charles Champion said: "Our research shows that passengers of 2050 will expect a seamless travel experience while also caring for the environment.

"The concept cabin is designed with that in mind, and shows that the journey can be as much a voyage of discovery as the destination."



http://www.guardian.co.uk/business/2...ture-of-flying

The rest of the pics can be viewed here

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Old June 19th, 2011, 03:46 PM   #18
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http://www.google.com/hostednews/afp...4daff21f4a.161

Quote:
New rocketplane 'could fly Paris-Tokyo in 2.5 hours'


PARIS — European aerospace giant EADS on Sunday unveiled its "Zero Emission Hypersonic Transportation" (Zehst) rocket plane it hopes will be able to fly from Paris to Tokyo in 2.5 hours by around 2050.

[...]

EADS hopes to have a prototype built by 2020 and for the plane to eventually enter service around 2050.
The project is being developed in collaboration with Japan and uses technology that is already available.
A four-metre model of the plane, which looks similar to the now defunct Concorde supersonic jet, will be on show at Bourget for the biannual aerospace showcase which begins on Monday and opens to the general public on Friday.

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Old June 20th, 2011, 08:53 PM   #19
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First orders from Le Bourget 2011:

Quote:
Air Lease Corporation selects 50 A320neo Family aircraft, 11 A330 Family aircraft and one A321 Airbus
Quote:
SAS orders 30 Airbus A320neo Family aircraft Airbus
Quote:
Saudi Arabian Airlines, Saudi Arabia’s national airline, has placed a firm order for four additional A330-300 aircraft in addition to the eight ordered in July 2008, taking the total order for the type to 12. Airbus
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Old June 21st, 2011, 03:08 PM   #20
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Tuesday's orders so far

Quote:
TransAsia Airways orders six A321neo aircraft Airbus
Quote:
CIT selects 50 A320neo aircraft Airbus
This one is a new customer as it operates Boeing and will be used by Citilink:
Quote:
Garuda Indonesia signs MOU for 25 A320 Family aircraft; the MOU covers 15 standard A320s followed by 10 A320neo aircraft for operation by the carrier's domestic low cost unit Citilink, replacing its existing 737 fleet. Airbus
Quote:
JetBlue to order 40 A320neo aircraft; In addition, the MOU will result in JetBlue converting 30 of its current orders for A320 aircraft to the larger A321 model with enhanced wingtip devices called Sharklets. Airbus
The A320NEO is doing really really well so far, and everyone expects for wide body jets to be announced later during the week.
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