Aircraft Manufacturers

Airbus

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Airbus, owned by Franco German EADS, is to double the amount of vendor financing it offers to about US$2.64 billion next year, the Financial Times reported. The financing is aimed at supporting commercial aircraft sales and maintaining deliveries as its customers struggle to obtain funding from traditional sources. The paper quotes an unnamed aviation banker who says the number of institutions off ering finance for new commercial jet deliveries had fallen by between a half and two thirds from … [Read more...] about Airbus

Boeing

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Boeing and the International Association of Machinists and Aerospace Workers reached tentative agreement on a new four-year contract covering 27,000 employees in Washington, Oregon and Kansas. Union leadership is recommending that employees vote to ratify the contract. The company retained the flexibility necessary to manage its business, while making changes to the contract language to address the union’s issues on job security, pay and benefits. The offer provides general wage increases … [Read more...] about Boeing

Airbus trials P&W’s geared turbofan

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Following earlier trials with Boeing, Airbus and Pratt & Whitney (P&W) have commenced a series of flight tests to evaluate the ‘PurePower’ PW1000G technology demonstrator engine which features P&W’s patented ‘Geared Turbofan’ (GTF) architecture. The tests are being performed at Airbus’ flight test facility using Airbus’ own A340 flight test aircraft and will run until the end of the year. Airbus is working with all major engine manufacturers and will … [Read more...] about Airbus trials P&W’s geared turbofan

Europe & CIS : Airbus will deliver 12 more A380s this year

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Airbus will meet its target of delivering 12 A380 super jumbo aircraft this year, the company’s chief executive pledged recently, brushing aside reports that manufacturing and engineering difficulties had again put the project behind schedule. The 525-seat, A-380 has been plagued by delays due to missteps, technical setbacks, communication failures and financial improprieties that have tarnished Airbus’ image. The first in a series of costly delays was announced in June 2005. … [Read more...] about Europe & CIS : Airbus will deliver 12 more A380s this year

Airbus trials P&W's geared turbofan

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Following earlier trials with Boeing, Airbus and Pratt & Whitney (P&W) have commenced a series of flight tests to evaluate the ‘PurePower’ PW1000G technology demonstrator engine which features P&W’s patented ‘Geared Turbofan’ (GTF) architecture. The tests are being performed at Airbus’ flight test facility using Airbus’ own A340 flight test aircraft and will run until the end of the year. Airbus is working with all major engine manufacturers and will … [Read more...] about Airbus trials P&W's geared turbofan

Americas: Boeing production still idle from ongoing strike

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Boeing and the International Association of Machinists union appear far apart and unwilling to compromise to settle a strike, both sides indicate as the strike enters its second month. With a strike by Boeing machinists idling some 27,000 workers since early September, the company looks set for serious delivery delays to an already stretched production schedule. Protracted strike action will have a serious effect on delivery of Boeing’s record backlog. As of 31 July it had 3,695 … [Read more...] about Americas: Boeing production still idle from ongoing strike