All About EADS
Published 9:00 pm Monday, May 9, 2005
Increased Airbus jet deliveries mean increased profits at EADS, which — as you all know — owns 80 percent of Airbus.
Here’s some links to stories about EADS earnings:
http://icliverpool.icnetwork.co.uk/business/news/tm_objectid=15499185&method=full&siteid=50061&headline=airbus-wings-send-profits-sky-high-name_page.html
http://biz.thestar.com.my/news/story.asp?file=/2005/5/10/business/10904382&sec=business
Also, it appears that EADS and its stakeholders — including the governments of Germany and France — are finally poised to settle the debate over a new management team for EADS and Airbus. Here’s a link to a story posted by Deutsche Welle, a semi-official German government news agency:
http://www.dw-world.de/dw/article/0,1564,1578991,00.html
And another, juicier story from The Guardian of Manchester, England:
http://www.guardian.co.uk/business/story/0,3604,1480168,00.html
And speaking of Airbus, the crew from Toulouse picked up an order for three A340s today from Air Mauritius. L’Express, a newspaper in the Indian Ocean island nation, explains to readers that the airline picked cheaper Airbus planes as a stop-gap — it plans to go back into the market for more jets after 2010, when both Airbus and Boeing have brought “new technology” planes to market (presumably the 787 and A350).
Strikes me as an odd strategy, but then again, I’m not an airline executive. Here’s a link:
http://www.lexpress.mu/display_article_sup.php?news_id=41543
And finally, here’s a look at the A380 from The Boston Globe, which points out an interesting notion — the A380 could be the 21st century equivalent of the trans-ocean cruise ships of a century ago. You saw Titanic, right? The upper crust passengers (Kate Winslet, et al) got suites and casinos while the plebians (Leo DiCaprio, etc) were packed into the steerage section in the lower decks. The Globe notes that more people are migrating between nations than at any other time, opening up a potential market for massive people-moving machines linking developing nations to the G-8, just like the White Star Lines and other shippers linked Europe and the United States 100 years ago.
Here’s the link:
http://www.boston.com/travel/articles/2005/05/08/airbus_expands_flights_role/
