Airbus may scrap the troubled A400M program, according to this London Telegraph report of a Der Spiegel interview with Airbus CEO Tom Enders. Peugeot Citroen fired Christian Streiff, who designed the Power8 restructuing program for Airbus but then… Read More
Update, March 26, 2:20PM PDT: Bloomberg News moved this piece in which ILFC’s CEO says he’ll get the lessor out from under AIG’s “cloud.” Original Post: Mega-lessor International Lease Finance Corp. filed its 2009 10K annual report March… Read More
The countdown is underway for the outstanding order of 10 Airbus A380s by mega-lessor International Lease Finance Corp. ILFC was an early customer for the super-jumbo jet and suffered two year delays along with the other customers when… Read More
We were at the ISTAT conference this week, one of the largest aviation conferences in the world, where 1,000 aviation professionals gather for the Spring Annual General Meeting to assess the current state of the market. And the… Read More
Only a few days ago, President Obama’s Office of the Management and Budget suggested delaying the tanker competition for five years. Now the Wall Street Journal reports that another House Member wants to split the tanker acquisition. You… Read More
EADS, parent of Airbus, posted its financial results for 2008. The press release may be obtained here. EADS summaries of the results: Group EBIT* of € 2.8 billion – supported by excellent underlying performance, significant positive foreign currency… Read More
CQ Politics reported late Monday night that the White House has told the Pentagon to delay procurement of the KC-X tanker. See the story here. Update, March 10: DOD Buzz has this item speculating the suggestion to cut… Read More
The Department of Defense’s JROC (a joint requirement group) met to consider what to do about the next round of the KC-X tanker competition, and US Sen. John McCain threw cold water on the idea promoted by US… Read More
Update, Feb. 20: Flight Global has this report with a dire prediction from the IATA General Director that Airbus and Boeing won’t be able to deliver half of the aircraft scheduled this year because of the credit crunch…. Read More