Word: airbus
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...deal with, it's never as bad as the critics say it's going to be. And never as good as the advocates expect. I agonized when the Bridgeton hit a mine in the Persian Gulf. Had I oversold our capabilities? I was in a blue funk. The Vincennes Airbus shootdown was painful for me. I had lived in fear of such a mistake. But once it occurs, I believe you have no choice but to face up to it -- publicly -- well aware that you'll be criticized no matter what...
...travelers embark on holiday flights this week, some of them will be flying on jetliners fresh off the assembly line. And in the near future more and more passengers will be boarding shiny new planes, because the three big commercial-aircraft builders -- Boeing, McDonnell Douglas and Europe's Airbus -- have been enjoying a Christmas-style sales rush all year long. Airlines around the world, spurred by growing passenger volume and the need to replace hundreds of aging 1960s-era jets, have embarked on an unprecedented shopping spree, ordering more than 976 new jets worth a record $43 billion...
...backlog of airliner orders already totals 1,102 at Boeing, 555 at Airbus and 320 at Douglas. A carrier that orders a jet today will have to wait as long as three years for delivery. Phoenix-based America West Airlines, which ordered 25 Boeing 737s and 757s last week, will take delivery of the first one in 1992. The jet-building boom may well last a decade or more. One Douglas study estimates that 2,500 commercial airliners -- 40% of the world's commercial-jet fleet of 6,200 planes -- will be retired during the next 15 $ years...
...AIRBUS. The 18-year-old European aerospace consortium still loses money on every plane it sells, but its British, French, West German and Spanish co- owners have been willing to subsidize costs in order to develop a robust European aircraft industry. Airbus is eclipsing Douglas as the world's second largest jetmaker. One reason: the manufacturer outfits its jet cockpits with advanced flight-control systems that are not yet available on most U.S.-made , airliners. By constantly monitoring flight conditions, the Airbus onboard computers help cut maintenance and fuel costs...
Airlines have bought 176 of the consortium's A310 wide bodies ($59 million; 218 passengers) since 1983, and 86 of the larger, twin-engine A300-600s ($68 million; 267 passengers). The hottest-selling Airbus jet is the medium-range A320, the first commercial airliner in which the cockpit is connected to flaps and rudders strictly by computer rather than by hydraulic or mechanical means. More than 400 of the planes have been ordered. (The crash of an Air France A320 during a demonstration flight last June was not the result of any flaw in the aircraft, investigators concluded...