GLG News by Defense Industry Consultants (EU)

American Airlines is readying a huge order for Boeing 737s to start replacing the 300 or so thirsty MD-80 jets it currently flies. CFO Tom Horton says a "near-future" announcement is expected. If American leads, the other Majors will follow and the billions will flow...

Since the days of British long-haul low-fares pioneer Laker Airways some 30 years ago, numerous airlines have tried to operate true long-haul low-cost services. None has entered the market and stayed there -- the business model has just proved unworkable. Times change, but costs just keep on rising

The stark and messy reality of red ink flowed all over the 2006 books today as EADS reported its FY06 figures. As expected, Airbus has hit EADS hard -- the only division to lose money, and then some. A380 losses alone topped $3.2bn in 2006... and the outlook for 2007 is just as bleak

 Separating a passenger from his or her hard-earned has always been an airline marketing priority as well as a bean-counter's raison d'être. The newest generation of true Low-Cost Carriers (LCCs) is helping both departments justify their existence with all manner of revenue-generating initiatives...

In an attempt to avoid the seemingly unavoidable, EADS co-chairman Tom Enders appealed at the weekend to Airbus workers in Germany and France not to continue strike action against the beleaguered European airframer. Some hope. After daily token stoppages since EADS co-chairman and Airbus ceo Louis Gallois...

      »    US-UK 'Open Skies' agreement would mean end to BA Heathrow monopoly     »    BA’s dominant position in world’s busiest international airport under threat     »    Competition...

    º    UPS, last customer for ill-fated A380F, gives up on Airbus promises     º    Manner of contract termination speaks volumes about Airbus management disarray     º    Airbus...

February 28, 2007 will no doubt go down in Airbus history as one of those momentous days. Trouble is, this one is more likely to be another day to forget than one for the company folklore books.Senior Airbus management is scheduled to announce to workers today the extent of job cuts supposed to...

British engineering group GKN is one of several international aerospace first-tier suppliers, among them Vought and Spirit Aero Systems in the US, to express an interest in one of the key plants Airbus Industries intends to put on the market as part of its latest attempted restructuring. Fresh from...

As the carbon-fibre Boeing 787 nears roll-out in a few months' time, the order book is steadily filling while those on the sidelines predicting a pre-production program meltdown are looking increasingly isolated. Not only is the large international supply chain functioning smoothly, but Boeing has money...