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BUSINESS
October 22, 2006
Regarding "Woes May Have Airbus in a Stall," Oct. 9: When the gargantuan A380 double-decker jetliner was rolled out, I wondered how this great white elephant would affect international airports and the cities in which they are located. Before Airbus started announcing delays, executives at the world's international airports expressed delight at the prospects of the A380's arrival and rolled out plans to remodel their runways and terminals at a cost of billions of dollars -- provided by clueless taxpayers, to be sure.
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BUSINESS
July 2, 2012 | By W.J. Hennigan
European aircraft maker Airbus announced it will establish a manufacturing facility in Mobile, Ala. -- its first in the U.S. The company said Monday that it plans to manufacture the A320 aircraft at the new facility, which will begin to be built by next year. Deliveries will begin in 2016, but Airbus expects the facility will produce between 40 and 50 aircraft a year by 2018. The single-aisle A320 is a direct competitor with Chicago-based Boeing Co.'s 737, the world's most popular commercial jet. “The time is right for Airbus to expand in America,” Chief Executive Fabrice Bregier said in the statement.
BUSINESS
February 4, 2013 | By W.J. Hennigan
Air Lease Corp., the Century City aircraft-leasing firm, has placed an order for $9-billion worth of jetliners with Airbus. The deal, based on aircraft list price, includes an order for 25 A350 XWBs, which is a competitor to Boeing Co.'s grounded 787 Dreamliner. Air Lease also firmed up an order to buy 14 A321neos. Airbus announced the deal Monday. "The A350 XWB Family is becoming the industry benchmark for efficiency in the long haul segment, and the A320neo Family is ideal for airlines operating short to medium haul missions,” Air Lease Corp.
BUSINESS
April 8, 2008 | From Times Wire Services
Airbus said deliveries of commercial aircraft rose 7% in the first quarter from a year earlier as it worked off a record backlog of 3,687 planes. New orders in the period also rose. Shipments reached 123 planes, including 102 of the A320 single-aisle series, 19 long-range planes and two A380 super-jumbo jets, the Toulouse, France-based company said. Airbus won new orders for 420 planes in the period compared with 134 a year earlier.
BUSINESS
April 23, 2008 | From Times Wire Services
Airbus said the ever-cheaper dollar and the high cost of metals were forcing it to raise jet prices. The European plane maker announced increases of as much as $4 million to catalog prices -- besides the 2.74% annual hike for 2007 already programmed. The extra charge is 1% and 3% of the new catalog prices, effective May 1. Airbus, which sells its planes in dollars while many of its costs are in euros, says each 10-cent rise in the euro against the dollar costs the company 1 billion euros ($1.59 billion)
BUSINESS
July 3, 2012 | By W.J. Hennigan, Los Angeles Times
With a blast of red, white and blue confetti, officials from European aircraft maker Airbus announced plans to build a sprawling plane-making facility in Mobile, Ala. Work on the company's first U.S. manufacturing plant will begin next year at a total cost of $600 million, Airbus said Monday. Once built, the 53-acre site will house assembly on the company's single-aisle A320 commercial jetliner. Airbus hopes to secure more contracts with U.S. carriers, which constitute the largest market for single-aisle planes in the world.
BUSINESS
June 14, 2010 | By W.J. Hennigan, Los Angeles Times
The Airbus A380, the world's largest passenger jet, got a major boost when Emirates airline ordered 32 of the double-decked aircraft, raising prospects for a plane that some critics had derided as a white elephant. The multibillion-dollar order last week from Dubai-based Emirates — the largest ever placed for the A380 — ensures that production lines will be humming through the end of 2017 and could represent a boon to more than 80 suppliers in California. Airbus spends about $1 billion annually buying parts from those suppliers.
BUSINESS
May 29, 2008 | From Times Staff and Wire Reports
Airbus, the world's largest plane maker, said orders for its A380 super-jumbo jet might be one-third lower than previously predicted this year. Airbus may receive only 20 orders for the 525-seat airliner in 2008, John Leahy, the company's chief operating officer, said at the Berlin Air Show. Toulouse, France-based Airbus forecast 30 orders as recently as Feb. 20. Production schedules should not be affected, Leahy said. Airlines are curbing spending as they face losses that may total $40 billion this year.
BUSINESS
December 18, 2005
I laughed when I read Clay McConnell's defense of the new improved "manual" override cabin pressurization system for the Airbus A380, which has a computer to override the pilot's mistakes ("Airbus Says Its Design Cuts Room for Error," Letters, Nov. 20). He says the differences between the older override systems and the new system are "akin" to the differences between a manual typewriter and a computer-based word processor. I wonder how many times a manual typewriter has crashed and lost a couple hours worth of typing.
BUSINESS
September 5, 2009 | Times Wire Reports
The United States scored an initial victory in a long-running trade conflict when the World Trade Organization found that the European Union had provided illegal subsidies to aircraft maker Airbus. People briefed by U.S. Trade Representative Ron Kirk described the confidential, preliminary ruling as a decisive win for the U.S. and Chicago-based Boeing Co., finding that European governments provided illegal subsidies for all of the commercial jetliners that France-based Airbus has made.
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