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BUSINESS
December 14, 2003
Regarding "Airbus Super-Sizes," Dec. 7: "If we build it, they will subsidize." That seems to be what Airbus and Virgin Atlantic Airways are hoping for. If the Airbus A380 is to succeed, they will need U.S. airport operators to commit to billions of dollars to upgrade runways and gates. Every dollar spent to upgrade runways is an American job lost to overseas workers. Let the airlines buying the planes or Airbus pay for it. David Coffin Inglewood The plan to freshen up the Bradley International Terminal at Los Angeles International Airport with a coat of paint and other "eye-pleasing features" but not construct adequate gate areas for the A380 until three years after its introduction is a shortsighted strategy that might help Boeing Co. but will seriously hurt Los Angeles, California, the Southwest, travelers and commerce.
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WORLD
June 16, 2009 | Times Wire Reports
Air France has finished replacing airspeed monitors on all its long-haul Airbus aircraft, a pilots union official said. Air France Flight 447, which crashed May 31, killing 228, was an Airbus A330. The search for its black boxes was reinforced with a high-tech U.S. Navy device that began listening for pings in the depths of the Atlantic Ocean. With the flight recorders still missing, the probe has focused on external speed monitors that may have iced over and given false readings to the plane's computers.
BUSINESS
January 9, 2000
The new aircraft isn't a bad idea in and of itself [Airbus to Gauge Demand for Super-Jumbo Jetliner," Dec. 9]. The problem is the titanic endeavor of Airbus and the Europeans' egos to do it themselves. It would be better for the Europeans to enter into a partnership with one of the big U.S. aerospace firms, to share the costs, risks and benefits. This consortium would do better with multiple partners. California has a huge population of highly skilled aerospace workers. The super-jumbo jet in part could be assembled in our state, benefiting from professional aerospace engineers and assemblers here.
BUSINESS
August 22, 2012 | By Hugo Martín, Los Angeles Times
United Airlines plans to install slimmer seats next year on some of its planes, enabling the airline to squeeze in more passengers. The Chicago-based airline said it would add the seats manufactured by German company Recaro Aircraft Seating to its fleet of 152 narrow-body Airbus planes. The padding on the Recaro seats is thin enough that United can add a row of seats on each plane without reducing legroom, the airline said. The use of an aluminum frame also makes the seat lighter, according to the manufacturer.
BUSINESS
January 31, 2011 | By Dominic Gates
Confirming preliminary reports from September, a World Trade Organization ruling released Monday found Boeing Co. guilty of receiving illegal subsidies. But the amount of the illegal subsidies cited was a fraction of the amount reported in a parallel WTO ruling last year against Airbus, Boeing's main competitor. "The United States is confident that the WTO will confirm the U.S. view that European subsidies to Airbus dwarf any subsidies that the United States provided to Boeing," U.S. Trade Representative spokeswoman Nefeterius McPherson said.
OPINION
July 7, 2010
A World Trade Organization panel's finding that the European aviation company Airbus had benefited from years of unfair subsidies is, on its surface, a victory for Boeing and the United States in their six-year quest to force Airbus to compete on a level playing field. Yet it also lays the groundwork for an important precedent that could ultimately help both firms in future disputes against new state-subsidized competitors. The trade body focused on the support that Airbus has received from European governments to help develop and launch virtually all of its large civilian airplane models.
BUSINESS
July 20, 2010 | By W.J. Hennigan, Los Angeles Times
Just days after officially announcing his return to the aircraft leasing business he pioneered, Steven Udvar-Hazy took center stage at one of the world's premier air shows to reveal he had signed a multibillion-dollar deal to buy 51 Airbus airliners. Monday's blockbuster purchase, potentially worth $4.4 billion based on the plane's list price, signaled to the aviation industry that Udvar-Hazy was back in a big way. Just six months earlier, the Los Angeles billionaire had retired from Century City's International Lease Finance Corp.
BUSINESS
September 15, 2010 | By Julie Johnsson
Boeing Co. received billions of dollars in illegal government subsidies, including $25 million in incentives that Illinois provided the plane maker to relocate its world headquarters to Chicago in 2001, a panel of the World Trade Organization determined. The WTO report is confidential and was released to U.S. and European trade officials Wednesday. It is the first ruling in the second of dueling trade cases filed by the U.S. and European Union against each other last decade alleging that aircraft manufacturers had received unfair government support.
BUSINESS
July 21, 2010 | By W.J. Hennigan
Los Angeles Times Steven Udvar-Hazy continued his buying spree at Farnborough International Airshow in England on Tuesday, announcing another multibillion-dollar deal to purchase more than 50 airliners through his new start-up, Century City-based Air Lease Corp., or ALC. A day after announcing he was buying 51 A320-family airliners from European aircraft manufacturer Airbus, Los Angeles billionaire Udvar-Hazy struck a deal for 54 of the popular 737 commercial jets from Chicago-based Boeing Co. — potentially worth about $4.5 billion based on the plane's list price.
BUSINESS
July 23, 2010 | W.J. Hennigan
Acrobatic fighter jets, gangly robotic aircraft and menacing attack helicopters jockeyed for the spotlight at the Farnborough International Airshow in England this week. But the biggest attention-grabbers at one of the world's largest aerospace showcases were staid businessmen in gray suits ordering billions of dollars worth of passenger jets. After one of the worst years ever for the aviation industry, airlines and aircraft leasing companies went on a buying spree, announcing orders worth nearly $30 billion, or more than three times last year's tally at the Paris Air Show.
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