After two years of tinkering (more political than technical we think), Airbus is no closer to taking on Boeing in what is emerging as the sweetest spot in the market. Airbus has a group of amazingly loyal customers. No A350 customers have defected and Airbus has even been able to add customers that already ordered the 787 (Singapore).*"The A350 is the core of the market," (French industry minister) Loos said. "France would welcome favorably a decision by the board" of EADS to proceed with the plane, Loos told lawmakers Wednesday in Paris. "To make the plane, we need the board to decide on it, and then we need to work with the other countries in EADS, the other countries in Airbus, to find means of support for this big project," he said.
With support like this you would expect EADS to jump into the market - but it has not. Clearly there continues to be faction fighting within EADS that ties Airbus in knots. This is an irrational way to run a business with long lead times and complex projects. How can Airbus get out from under EADS?-------*BLOOMBERG NEWS -- France would like to see Airbus move ahead with developing the A350 to take on The Boeing Co. and is willing to discuss potential assistance from the government, said Francois Loos, the country's industry minister.
With support like this you would expect EADS to jump into the market - but it has not. Clearly there continues to be faction fighting within EADS that ties Airbus in knots. This is an irrational way to run a business with long lead times and complex projects. How can Airbus get out from under EADS?-------*BLOOMBERG NEWS -- France would like to see Airbus move ahead with developing the A350 to take on The Boeing Co. and is willing to discuss potential assistance from the government, said Francois Loos, the country's industry minister.
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Merger helps offset record oil prices, creates stronger global airline to compete in Open Skies environment; Delta pilot leadership reaches agreement on post-merger contractATLANTA, Georgia and EAGAN, Minnesota – April 14, 2008 – Delta Air Lines Inc. (NYSE: DAL) and Northwest Airlines Corporation (NYSE: NWA) today announced an agreement in which the two carriers will combine in an all-stock transaction with a combined enterprise value of $17.7 billion, creating America’s premier global airline.
