June 28, 2000 |
The United States has asked Germany and Britain for details of their proposed funding for the new Airbus super jumbo to see whether it complies with World Trade Organization rules, U.S. Trade Representative Charlene Barshefsky said Tuesday. Barshefsky's comments come days after Airbus Industrie partners upped the pressure on U.S. rival Boeing Co., giving the European consortium a new, leaner corporate structure and the green light to sell the 555-seater A3XX.
June 5, 2000 |
This week's Berlin air show may deliver progress on two of Europe's longest-running aerospace projects--a military helicopter for Germany, France, Italy and the Netherlands, and Airbus Industrie's proposed giant airliner. Both projects are dominated by companies that are due to merge next month into the European Aeronautic Defence & Space Co. (EADS)--DaimlerChrysler Aerospace of Germany and France's Aerospatiale Matra.
May 27, 2000 |
Boeing Co. on Friday shrugged off an expanded European regulatory probe into its planned $3.75-billion purchase of Hughes Electronics Corp.'s satellite units, saying it expected the deal to be approved. "We expected a thorough review all along and the process is proceeding normally," said Anne Eisele, a spokeswoman for Boeing Space & Communications Group in Seal Beach. "Our belief that the transaction will be approved remains unchanged.
January 24, 2000 |
Airbus Industrie, which has spent four years and $1 billion to develop a superjumbo jet, might have to postpone construction of the plane indefinitely as its key potential customers are saying thanks, but no thanks. British Airways, Deutsche Lufthansa, Japan Airlines, All Nippon Airways and Cathay Pacific have either lost interest in the behemoth, which would seat 555 passengers, or are putting off orders until they see whether the plane is needed.
December 3, 1999 |
A European aerospace and defense conglomerate designed to compete with U.S. giants Boeing Co. and Lockheed Martin Corp. was formed in a signing ceremony in Madrid attended by the leaders of France, Germany and Spain. The merger brings together CASA of Spain, Aerospatiale Matra of France and DASA, the aerospace unit of Germany's DaimlerChrysler, as founding members of European Aeronautic Defense & Space Co.
October 19, 1999 |
The French and German companies that are forming a European challenger to U.S. aerospace giants established a link with a British partner Monday in announcing plans to create Europe's largest space technology business. Marconi Electronic Systems in Britain plans to join with DaimlerChrysler's DASA unit and France's Aerospatiale Matra in the joint venture, to be called Astrium.