Word: airbus
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Dates: during 1980-1989
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...biggest plane order in the history of commercial aviation, a $5 billion deal to buy 100 Boeing jets and 30 Airbus models by 1995. The purchaser was not one of the titans of the airline business but a 16-employee Beverly Hills-based concern known as International Lease Finance Corp. Founded in 1973 by Steven Udvar-Hazy, 42, and Louis Gonda, 39, with financial help from Gonda's father Leslie, 68, the company has become one of the biggest players in the burgeoning business of jet leasing, with earnings of $51 million last year on revenues of $180 million. ILFC...
...from Denver, killing 28. Though investigators suspect that accident may have been caused by wing icing and pilot inexperience, the company's airlines have suffered numerous mechanical problems. In one case last October, a worker inadvertently carried a 14-in. plastic duct past a running engine on an A300 Airbus, which sucked the part out of his hands and into its intake. According to the carrier's machinists' union, a mechanic wanted to take the engine apart, but a foreman overruled him, and four months later the engine blew up after the plane took off from Miami. The airline denies...
That overseas prowess is not dependent solely on sales of such consumer products as BMWs and Bordeaux wine. Other important export categories range from chemicals and pharmaceuticals to industrial machinery and office equipment. Europe's proudest achievement, perhaps, is its new prominence in aerospace. Airbus, the aircraft consortium backed by the governments of France, Britain, West Germany and Spain, has emerged as a major competitor to America's Boeing in the passenger-jet market. Last month Europe confirmed its successful lift-off in the space market by hoisting two communications satellites into orbit atop an Ariane rocket. While...
...When a new engine was put on Eastern Airbus No. 208, the normal equipment- installation tests, which typically take several hours, were skipped to free the plane for service. Despite that, King says, the foreman signed a work sheet indicating that the engine had been checked...
...Mechanics servicing another Airbus spotted a fuel leak in a pylon connected < to an engine and recommended that it be repaired quickly because of the potential of fire. But a foreman, saying he had not seen the leak, overruled the employees, according to King, and the plane took off. Since the reported leak was not cited in the aircraft's maintenance record, mechanics at other airports were not alerted to double-check for the problem...