Former Boeing president Phil Condit once famously said, in so many words, that there is no point having aircraft at airshows. What he meant was that Boeing didn't really see sufficient value in bringing its aircraft on the international show circuit to offset all the risks and costs associated with this. But the U.S.
AIN Air Transport Perspective » July 9, 2010
Billions of dollars worth of new corporate deals are set to be struck in the aerospace sector over the coming weeks, according to Michael Richter, managing director and co-head of Lazard's Aerospace & Defense Investment Banking Group. In part, these deals are being driven by tactical investment factors, such as the need for U.S.
Traffic among the world's airlines returned to pre-recession levels in May, following a brief interruption a month earlier of an otherwise steady recovery during the year, according to statistics released by the International Air Transport Association (IATA).
Airbus and U.S.-based Spirit AeroSystems showed how European funding benefits workers on both sides of the Atlantic last week, as Spirit formally opened a new 500,000-sq-ft plant in Kinston, N.C., where employees will design and manufacture composite fuselage upper and lower shells and the front wing spar for the Airbus A350 XWB.
Following the initial clamor of righteous indignation over the World Trade Organization’s (WTO’s) June 30 ruling on U.S. government allegations that Airbus has benefited unfairly from illegal state financing for its airliner programs, there came a silence.
AIN Air Transport Perspective is AIN’s e-newsletter focused on the air transport industry. It is distributed once a week and is FREE to all subscribers. Simply fill out the subscription form, which is accessed by clicking on the button below. You can also use this button to update your current account information.