GLG News by Fixed Base Operator Service Experts
Analysis of:
Airbus A350 muscles in on the 777 (seattletimes.nwsource.com)
The B777 has long been a scourge of Airbus' widebody marketing efforts. Aided by the upcoming B787, Boeing is in a strong position to cover with two airplane types what Airbus is hoping to do with one. To optimize its efforts, the European manufacturer has to offer an ultra-long-haul seat-mile competitive...
Analysis of:
Italian Government has to find another solution for Alitalia (www.ft.com)
After the collapse of the Alitalia's sale process, with the last one of original 10 bidders having abandoned the game, it's now time for tough choices for the Italian Government. The past months showed that there is really little financial interest on the international market for Alitalia, most definitely...
Analysis of:
EADS Names Gallois as Sole Chief, Enders Airbus Head (www.bloomberg.com)
Criticism of Airbus is seen from some rose-tinted and lesser-informed observation points as "not the done thing". So when parent company EADS announced on July 16, 2007 Airbus' fourth new ceo in just under 13 months and the fifth in two years, whose eye turns out to have been less blinkered? The...
Analysis of:
A Bubble Bath and a Glass of Bubbly -- At the Airport (online.wsj.com)
First-class air travel is not just a luxury. For some airlines offering this level of service is a necesssity -- they need front-end revenue to balance low competition-driven economy fares. But revenues and costs are toally different in the air, and first-class costs an airline dear.
Analysis of:
Rio Tinto reaches deal with Alcan to buy aluminum producer for $38.1 billion (www.marketwatch.com)
This article started out last week with a draft title, "Alcan struggling with Alcoa bid". Indeed. Alcan struggled, Alcan looks to have failed, Rio Tinto to have succeeded and positive reverberations are being felt across the aerospace industry in particular.
Analysis of:
Airbus May Not Do A320 Replacement Alone (www.aviationweek.com)
This is rather interesting... What's important is that the structure of the West's commercial aerospace industry is coming under increasing pressure from Russia and China, as I highlighted a couple of months ago here. Internal financial, managerial and political problems at EADS and Airbus are exacerbating...
Analysis of:
Aluminum to Beat Copper, Zinc, Tin as Takeovers Squeeze Supply (www.bloomberg.com)
Aerospace composites are making all the headlines this week with the roll-out of the B787, but aluminum is the mainstay of the manufacturing industry and rather than be eclipsed by new technology, this sector is in for good times. 15-20 years of good times, even...
Analysis of:
Airbus Ahead of Boeing -- But Who's Winning? (www.spiegel.de)
WYSIWYG unless you're looking at Airbus order books. The one lasting impression of the Paris air show amongst seasoned observers is that it was far more "show" than "air". Why? Because this was Airbus' last chance to restore come credibility in front of a highly sceptical industry. Despite the stage-managed...
Analysis of:
Boeing set to trump Airbus at Paris show (www.reuters.com)
The biennial Paris Air Show is an illustrious aerospace-world meeting-place, even if usually more show than air. This year's event, which runs next week, will differ from its predecessors in many ways however, primarily because the traditional 'stars' of the show -- Airbus and Boeing -- are currently...
Analysis of:
Southwest CEO: revenue growth is slow (www.forbes.com)
An excess of capacity over demand means airlines have to haul empty seats across the sky. It's a big no-no in airline management, a tough one to crack but a money-spinner if you get it and keep it right. So when Southwest Airlines warns of a softening of demand, the very least the operating end of the...
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