Word: planes
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...fully expect to break even and sell 1,600 over the next 20 years," says Clay McConnell, Vice-President of Airbus communications. "We'll hit better than 50% of the market [over that time]." Singapore will be the first to fly commercially, receiving their first of a 19 plane-order this October. Other airlines include: Qantas, for 20; Air France, for 10; Virgin Atlantic, for 6; Thai Airways, for 6; and Korean Airlines, for 5. Emirates takes the cake for an order of 43. But most planes won't be delivered until...
...After an hour in the air, the plane started its descent into JFK. It is one thing to see a whale fly but remember how all that weight splashes down? From the window, the airport runway seemed to approach rapidly. Then the tires hit the ground, causing a deep rumble. A split-second panic: would those little wheels give way? A few people winced as the aircraft shuddered and swayed and the A380 slowed down. The great white whale had landed...
...archrival Boeing for the first time, sparking a mood of triumphalism for those who saw the four-nation consortium as a model of European industrial cooperation. Today Airbus workers are demonstrating, and financial losses are mounting as a result of disastrous snafus that have delayed its flagship new plane. Cooperation? Major private shareholders of parent company EADS can't dump their shares fast enough. And to complicate matters, jousting among its government shareholders--exacerbated by the French presidential elections--is casting doubt on a restructuring plan that includes 10,000 job cuts across Europe, a measure agreed upon only after...
...immediate cause of the trouble is the A380, a $14 billion, 555-seat, double-decker plane that is one of those bet-the-company ventures, so beloved by the aerospace industry, that either succeed spectacularly--as the Boeing 747 did--or risk sending a firm into a tailspin. Remember Lockheed's L1011? Mechanically, the A380 works. But Airbus has had to tear up its delivery schedule several times because of nagging manufacturing problems, primarily involving wiring. That has enraged launch customers; some have canceled their orders. FedEx and UPS walked, which killed the cargo version of the plane...
...Crimson has not played a game since March 11, as last weekend’s games in Florida were cancelled after a snowstorm prevented the team’s plane from leaving Logan Airport...