GLG News by Defense Industry Consultants (EU)

In an effort to kick-start its stalled Power8 cost-cutting initiative, Airbus has announced plans for an unpaid increase from 35 to 40 hours in the working week for French employees. The move will be deeply unpopular, does not address any of the deep problems with the German side of Airbus and...

Federal Express Corporation (FedEx) 7th November 2006 became the first customer to drop its order completely for the new, much-delayed Airbus A380, switching instead to Boeing B777 freighters. The original order was placed in 2001 and included options on a further 10 A380Fs. Airbus only had two...

Airbus has confirmed the break-even point on its A380 has risen from a hyper-optimistic low 250 in 2000 to 420 today. This is an increase of $82.6bn at average list prices ($306m), but the closest Airbus or a customer gets to a list price is when looking at the sales brochure. Who's...

Europe and the United States are different. Europe is a geographical entity, the U.S. a political one: the European Union now has 27 countries (try naming them – maybe 1 in 250 people can); the U.S. is one country; some European countries have four official languages; roughly 82% of the U.S....

With British Airways' announcement 17th October 2006 that it is planning to renew its (all-Boeing) long-haul fleet, the race to become the B747-8i launch customer is now believed well and truly on. Speculation that Airbus' much-vaunted A380 production problems and delays with its A380 project could...