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BUSINESS
June 11, 2013 | By W.J. Hennigan
European plane-maker Airbus announced the first flight of its new A350 XWB passenger jet is set for Friday, just days ahead of the Paris Air Show, the world's premier aviation showcase. Weather conditions permitting, the A350 XWB will take off from Toulouse-Blagnac Airport in France about 1 a.m. PDT, the company said. The Paris Air Show, set to run from June 17 to June 23, is where airlines and aircraft leasing companies go on buying sprees, announcing orders worth billions of dollars.
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ENTERTAINMENT
May 30, 2013 | By David Ng
Finnair, the largest airline in Finland, said on Wednesday that it will remove artwork that adorns an Airbus plane in its fleet after it was discovered that the art was plagiarized. The design on the plane, which depicts a group of trees in a forest, was created by the Finnish firm Marimekko five years ago, according to reports. But it turns out that the design was improperly copied from the celebrated Ukrainian folk artist Maria Primatshenko. A spokeswoman for Finnair told the Associated Press that the design would be painted over as soon as possible.
BUSINESS
May 14, 2013 | By W.J. Hennigan
With the Paris Air Show just one month away, European plane-maker Airbus got one step closer to the first flight of its new A350 XWB passenger jet, rolling out one of the aircraft from its paint shop in Toulouse, France. Company executives want the new jet to make a big splash at the world's premier aviation showcase. The wide-body plane is a direct competitor to rival Boeing Co.'s beleaguered 787 Dreamliner in the long-haul market. The Paris Air Show is where airlines and aircraft leasing companies go on buying sprees, announcing orders worth billions of dollars.
BUSINESS
February 15, 2013 | By W.J. Hennigan
After ongoing lithium-ion battery problems grounded the worldwide fleet of Boeing Co.'s 787 Dreamliners, European rival Airbus has scrapped plans to use the technology on its new jet. The A350 XWB wide-body passenger jets will instead use “the proven and mastered” nickel cadmium main batteries, the company said Friday. “Airbus considers this to be the most appropriate way forward in the interest of program execution and A350 XWB reliability,” the company said. The A350 XWB, set to enter service in 2014, seats 270 to 350 passengers in typical three-class layouts.
BUSINESS
February 5, 2013 | By W.J. Hennigan, Los Angeles Times
Air Lease Corp., the Century City aircraft-leasing firm, has placed a $9-billion order for Airbus jetliners. The deal, based on aircraft list price, includes an order for 25 A350 XWB wide-body passenger jets, which compete with Boeing Co.'s grounded 787 Dreamliner. Air Lease also ordered 14 smaller 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
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
September 12, 2012 | By W.J. Hennigan, Los Angeles Times
Two European defense giants said they were in merger talks to create the world's largest aerospace company. At a time when defense spending is falling worldwide, Airbus parent company European Aeronautic Defence & Space Co. and BAE Systems said a deal makes financial sense because of their synergy and collaboration on a wide range of projects. Together, British-owned BAE and EADS, owned in part by the French, German and Spanish governments, would have annual sales totaling more than $94 billion, dwarfing current industry leader Boeing Co.'s $68.7 billion.
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
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
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.
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