Word: airbuses
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Dates: during 1990-1999
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...DaimlerChrysler is dancing a transoceanic jitterbug that is testing the limits of corporate convention. German and American bosses are fusing their cultures on napkins in airport lounges and in the conference rooms of five-star hotels. The transatlantic traffic became so heavy that DaimlerChrysler, which owns 20% of Airbus, bought an A320 and outfitted it like an NBA charter so its executives could get some sleep between meetings. The 53-seat plane (an A320 normally has 150 seats) flies four weekly round trips between Stuttgart, Germany, and Auburn Hills, Mich...
...over the past six years has been repaid or is in the process of being repaid! Also, there are 77 other foreign-government export-credit agencies already helping their local companies seize export opportunities from American workers. If there were no Ex-Im, most likely Europe's Airbus would win many, if not all, of the foreign aircraft deals away from Boeing, thus displacing even more American workers than cited in your article. A small percentage difference in an interest rate can mean millions of dollars of savings to foreign customers, which can make or break an export deal. DONALD...
...handful of people, which could push the price of even a steerage seat to $100,000. Instead Aldrin prefers a concept that airlines using wide-body planes embraced long ago: carry lots of people at once and drive down the per-passenger cost. To get such an orbital airbus flying, he founded ShareSpace, a nonprofit company designed to help fund and promote mass-market space travel. ShareSpace's vision for cosmic tourism includes Earth-orbiting ships carrying as many as 100 people and clusters of modules that could act as orbiting hotels. "All we have to do," Aldrin says...
...fact is that airlines have grown skillful at extracting deep discounts from Boeing and Airbus by holding out huge contracts and bargaining hard on terms. In its latest solicitation, British Airways took bids from Boeing and Airbus for 100 jets with a total value of some $3.8 billion. British Airways has never bought a plane from Airbus, and Boeing doesn't want the streak to end. So the jetmakers have been battling over everything from prices to innovative leasing deals that British Airways wants on highly favorable terms...
...manufacturing archrivals are also locked in a bet-your-company stare-down over the immediate future of air travel. Airbus foresees a market for a superjumbo successor to the 747 that can haul anywhere from 555 to nearly 1,000 passengers. (The largest 747 carries as many as 568 people.) Working with some 20 airlines, Airbus is spending $9 billion to develop a plane it calls the A3XX and promises to roll out the monster by 2004. Boeing says its own "medium-large" 767s and 777s can easily connect cities such as Cincinnati, Ohio, and Frankfurt, Germany, eliminating the need...