BloggingStocks http://www.bloggingstocks.com BloggingStocks http://www.blogsmithmedia.com/http://www.bloggingstocks.com/media/feedlogo.gif BloggingStocks http://www.bloggingstocks.com en-us Copyright 2012 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[Is that plane Boeing's 787 or the 7-Late-7 Dreamliner?]]>http://www.bloggingstocks.com/2009/02/16/is-that-plane-boeings-787-or-the-7-late-7-dreamliner/http://www.bloggingstocks.com/2009/02/16/is-that-plane-boeings-787-or-the-7-late-7-dreamliner/http://www.bloggingstocks.com/2009/02/16/is-that-plane-boeings-787-or-the-7-late-7-dreamliner/#commentsFiled under: ,

The traditional response -- and defense -- for a late delivery is 'Better late than never." Regarding The Boeing Company's (NYSE: BA) delayed 787 Dreamliner, the stance is, 'Better be great, or never.' The Dreamliner, Boeing's next-generation wide-body, has been dubbed the '7-Late-7,' due to the company's four delivery delays that have pushed back its first delivery to Q1 2010.

From a commercial aviation standpoint, delaying a delivering is like showing up late for the first semester of classes at college. In the 787's case, Boeing looks like it will arrive on campus about four weeks into the semester, so says stock analyst C. Leonard Bauer.

Continue reading Is that plane Boeing's 787 or the 7-Late-7 Dreamliner?

Is that plane Boeing's 787 or the 7-Late-7 Dreamliner? originally appeared on BloggingStocks on Mon, 16 Feb 2009 17:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>747787787 DreamlinerA350A380Airbusbusiness travelcommercial aviationleisure traveltravelMon, 16 Feb 2009 17:30:00 EST<![CDATA[With 787, 747-8 roll-outs delayed, runway getting bumpy for Boeing]]>http://www.bloggingstocks.com/2008/11/17/with-787-747-8-roll-outs-delayed-runway-getting-bumpy-for-boei/http://www.bloggingstocks.com/2008/11/17/with-787-747-8-roll-outs-delayed-runway-getting-bumpy-for-boei/http://www.bloggingstocks.com/2008/11/17/with-787-747-8-roll-outs-delayed-runway-getting-bumpy-for-boei/#commentsFiled under: , ,

With the company having reached a tentative, new, 4-year contract agreement with its engineers, it appears Boeing will avoid a second, internecine work stoppage.

What Boeing will not be able to do, however, is avoid a decidedly downward revision in company and stock performance expectations, so says Stock Analyst C. Leonard Bauer.

U.S. business: A difficult decade

Bauer, not one to wax philosophic, nevertheless takes a historian's-like view of Boeing's actions -- and the actions of numerous other companies -- in recent years.

"It's as if we decided as a nation to place all of the most idiotic, self-defeating, and economically-damaging business decisions in one decade," Bauer said. "It's as if the whole business community attended the wrong business school." The Boeing Company's (NYSE: BA) shares rose 45 cents to $42.51 in Monday afternoon trading.

Continue reading With 787, 747-8 roll-outs delayed, runway getting bumpy for Boeing

With 787, 747-8 roll-outs delayed, runway getting bumpy for Boeing originally appeared on BloggingStocks on Mon, 17 Nov 2008 15:41:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>747-8787787 DreamlinerA380AirbusBABoeingcommercial aviationEADSexportstravelMon, 17 Nov 2008 15:41:00 EST<![CDATA[At this rate, a Boeing strike of 'only' a month would be a moral victory]]>http://www.bloggingstocks.com/2008/09/09/at-this-rate-a-boeing-strike-of-only-a-month-would-be-a-moral/http://www.bloggingstocks.com/2008/09/09/at-this-rate-a-boeing-strike-of-only-a-month-would-be-a-moral/http://www.bloggingstocks.com/2008/09/09/at-this-rate-a-boeing-strike-of-only-a-month-would-be-a-moral/#commentsFiled under: , ,

Boeing's (NYSE: BA) largest union, the International Association of Machinists and Aerospace Workers, is in its third day of a strike that's idled 27,000 workers. An aviation consultant argued that the strike could last more than a month, if history is any guide, Bloomberg News reported Tuesday.

However, Stock Analyst C. Leonard Bauer said what counts in work stoppages is not so much company/sector precedent, but "the reality of the facts on the ground ... the nature of the issues involved." Bauer added that he does not have a rating on nor own shares in Boeing.

"The two sides are reasonably close on the standard pay increase, it's pension payment increases and the use of outside contractor for work that the two sides are far from agreement on," Bauer said. "Boeing is booming now and the IAM wants some assurance that their retirees' pension will not go the way of other corporate pension plans, which were revised lower as corporations faced tougher times. The two sides are still pretty far apart on that issue, as well as on the use of outside contractors." Boeing's shares rose 80 cents to $64.71 in Tuesday morning trading.

Given the above, a strike of less than a month "would be a moral victory," Bauer said.

Continue reading At this rate, a Boeing strike of 'only' a month would be a moral victory

At this rate, a Boeing strike of 'only' a month would be a moral victory originally appeared on BloggingStocks on Tue, 09 Sep 2008 13:20:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>787787 DreamlinerA380AirbusBABoeingcommercial aviationemerging marketsfeaturedInternational Association of Machinists and Aerospace Workersstrikework stoppageTue, 09 Sep 2008 13:20:00 EST<![CDATA[Hexcel (HXL): Composite gains?]]>http://www.bloggingstocks.com/2008/08/25/hexcel-hxl-composite-gains/http://www.bloggingstocks.com/2008/08/25/hexcel-hxl-composite-gains/http://www.bloggingstocks.com/2008/08/25/hexcel-hxl-composite-gains/#commentsFiled under: , , , , ,

"We've looked at several ways to play anticipated growth in wind energy; we've also considered titanium makers for that industry's ties to the production of lightweight, modern aircraft," notes Bill Martin.

In his BullMarket.com, he explains, "While the two trends might not appear to have much in common at first glance, Hexcel Corp. (NYSE: HXL) offers a way to play both the aircraft and wind markets.

"The connection is the lightweight, composite materials Hexcel makes that are used by producers in both sectors. Hexcel develops and manufactures advanced structural materials.

"It is the largest U.S. producer of carbon fiber; the world's largest weaver of reinforcement fabrics; and the number-one producer of composite materials.

"Its product was initially developed for the aerospace industry, but is now used in a wide range of applications -- from golf clubs to satellite arrays, and from the rotor blades of wind turbines to life-saving monocoques for Formula 1 race cars.

"It's been a rollercoaster ride for Hexcel's stock in the past 12 months. The shares hit their one-year peak of $27.19 in December 2007; by January 22nd they had plummeted to $17.. The shares rebounded through May, only to fade again. Year to date, HXL is off about 15%.

Continue reading Hexcel (HXL): Composite gains?

Hexcel (HXL): Composite gains? originally appeared on BloggingStocks on Mon, 25 Aug 2008 13:06:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>a380aerospaceairbusal goreAlGorealternative energybill martinboeing dreamlinerbullmarket.comcomposite materialsCompositeMaterialsgreen energyhexcelhxllightweight materialsLightweightMaterialssteven halpernStevenHalpernt. boone pickensT.BoonePickensthestockadvisors.comwind powerMon, 25 Aug 2008 13:06:00 EST<![CDATA[Parts shortage slowing assembly of Boeing's 777, Airbus' A330]]>http://www.bloggingstocks.com/2008/08/08/parts-shortage-slowing-assembly-of-boeings-777-airbus-a330/http://www.bloggingstocks.com/2008/08/08/parts-shortage-slowing-assembly-of-boeings-777-airbus-a330/http://www.bloggingstocks.com/2008/08/08/parts-shortage-slowing-assembly-of-boeings-777-airbus-a330/#commentsFiled under: , ,

Investors and readers are probably aware of production snags that have delayed two next-generation airplanes, Airbus' A380 Superjumbo and Boeing's 787 Dreamliner.

But now there's word of production delays for two existing aircraft, Airbus's A330 and Boeing's 777.

A shortage of seats, toilets, and galleys is slowing down A330 and 777 assembly lines, The Wall Street Journal reported Friday (subscription required). Managers at the world's two rival commercial aviation giants suggest the snags could affect this year's financial results, but neither company has issued an earnings warning.

Shares of Boeing (NYSE: BA) gained $1.87 to $66.56, while shares of Airbus' parent EADS rose 1.27 euros to 14.85 euros on the Paris Exchange, in Friday afternoon trading.

Contractor ramp-up issues

For Boeing and Airbus, the crux of the problem stems from the relatively small size of the contractors producing equipment such as jetliner galleys, toilets and business-class seats, The Journal reported. Stock Analyst C. Leonard Bauer told BloggingStocks Friday the problem Boeing and Airbus face is "an upside problem," but a problem nonetheless.

"It's called the problem of success. Jetliner orders and deliveries have risen more than 40% in five years and contractors are straining to keep up," Bauer said. "It had to happen sooner or later, because it's hard for contractors to in some cases double production of a part in two or three years." Bauer added that he does not have a rating on nor own shares in Boeing or Airbus.

Continue reading Parts shortage slowing assembly of Boeing's 777, Airbus' A330

Parts shortage slowing assembly of Boeing's 777, Airbus' A330 originally appeared on BloggingStocks on Fri, 08 Aug 2008 14:52:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>777787787 DreamlinerA330A380A380 superjumboAirbusairline sectorBABoeingbusiness travelcommercial aviationEADSinthenewsleisure traveltravelFri, 08 Aug 2008 14:52:00 EST<![CDATA[Airbus says A380 superjumbo jet orders may be 33% lower]]>http://www.bloggingstocks.com/2008/05/28/airbus-says-2008-a380-superjumbo-jet-orders-may-be-33-lower/http://www.bloggingstocks.com/2008/05/28/airbus-says-2008-a380-superjumbo-jet-orders-may-be-33-lower/http://www.bloggingstocks.com/2008/05/28/airbus-says-2008-a380-superjumbo-jet-orders-may-be-33-lower/#commentsFiled under: , ,

Airbus said 2008 orders for the A380 superjumbo jet may be one-third lower than previously forecast, as higher fuel costs and an economic slowdown moderate travel growth, Bloomberg News reported Wednesday.

Airbus said it may receive about 20 orders in 2008 for the 525-seat A380 superjumbo, the world's largest commercial jetliner. Earlier, Airbus had projected up to 30 orders for the A380 in 2008.

Airbus' announcement did not negatively impact the stock, at least not at the outset. Shares of Airbus' parent EADS gained 28 cents to 14.95 euros in Wednesday afternoon trading on the Paris exchange.

Continue reading Airbus says A380 superjumbo jet orders may be 33% lower

Airbus says A380 superjumbo jet orders may be 33% lower originally appeared on BloggingStocks on Wed, 28 May 2008 12:10:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>747A380AirbusBABoeingbusiness travelcommercial aviationEADSfeaturedleisure traveloiloil pricesWed, 28 May 2008 12:10:00 EST<![CDATA[Airbus delays delivery of some A380s]]>http://www.bloggingstocks.com/2008/05/13/airbus-delays-delivery-of-some-a380s/http://www.bloggingstocks.com/2008/05/13/airbus-delays-delivery-of-some-a380s/http://www.bloggingstocks.com/2008/05/13/airbus-delays-delivery-of-some-a380s/#commentsFiled under:

Airbus has again delayed delivery of selected A380 superjumbo jets, saying the company's transition to automated production is behind schedule.

Airbus now expects to deliver 12 A380 planes in 2008, down from 13, and 21 planes in 2009, down from 25, the company announced Tuesday.

Promoted as the world's most economical, large aircraft, the A380 is about two years behind schedule. The A380 will seat 525 passengers in a normal configuration, at least 50-120 seats more than its chief competition, Boeing's (NYSE: BA) 747, the wide-body industry standard.

In Europe, shares of Airbus's parent EADS were virtually unchanged on the news, down just 2 euro cents to 12.72 euros in afternoon trading. Boeing's shares gained five cents to $84.87.

Continue reading Airbus delays delivery of some A380s

Airbus delays delivery of some A380s originally appeared on BloggingStocks on Tue, 13 May 2008 13:57:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>747787787 DreamlinerA350A380Airbusairline sectorairlinesBABoeingcommercial aviationEADSinthenewsTue, 13 May 2008 13:57:00 EST<![CDATA[Airbus bests Boeing in 2007 aircraft deliveries, lags in orders]]>http://www.bloggingstocks.com/2008/01/16/airbus-bests-boeing-in-2007-aircraft-deliveries-lags-in-orders/http://www.bloggingstocks.com/2008/01/16/airbus-bests-boeing-in-2007-aircraft-deliveries-lags-in-orders/http://www.bloggingstocks.com/2008/01/16/airbus-bests-boeing-in-2007-aircraft-deliveries-lags-in-orders/#commentsFiled under: , ,

Airbus announced Wednesday that it beat rival Boeing in 2007 deliveries but trailed it in new orders.

Airbus said it delivered 453 planes to Boeing's 441 in 2007, according to a company statement. Meanwhile, Boeing (NYSE: BA) bested European-based Airbus in 2007 net new orders, 1,413-1,341. Airbus' 2007 delivery total was up 19 from 2006's 434. Airbus said it expects to deliver 470 planes in 2008.

"2007 was a challenging year but also successful year for Airbus," Airbus President and CEO Tom Enders said. "We were successful in the market and mastered the industrial challenges of the production ramp up, the timely delivery of the first A380, and the implementation of the Airbus Power 8 turn-around program. 2008 will be as challenging on all fronts. But I am sure that, with the dedication of our people and all involved, we shall master them. On the commercial side, I anticipate that our order intake will be above our deliveries."
Delay city

Airbus has been plagued by a series of production setbacks as it rolls-out two new commercial aircraft deemed critical to the aerospace giant's early 21st century aviation strategy: the 500-seat A380 superjumbo jet and the A350.

Continue reading Airbus bests Boeing in 2007 aircraft deliveries, lags in orders

Airbus bests Boeing in 2007 aircraft deliveries, lags in orders originally appeared on BloggingStocks on Wed, 16 Jan 2008 13:28:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>747787787 DreamlinerA350A380A380 SuperjumboAirbusBABoeingbusiness travelcommercial aviationEADSEUEuropean UnionFranceGermanyinthenewsLeisureTravelSpaintravelUnited KingdomWed, 16 Jan 2008 13:28:00 EST<![CDATA[Boeing delays 787 Dreamliner delivery until 2009, citing parts shortage]]>http://www.bloggingstocks.com/2008/01/16/boeing-delays-787-dreamliner-delivery-until-early-2009-citing-p/http://www.bloggingstocks.com/2008/01/16/boeing-delays-787-dreamliner-delivery-until-early-2009-citing-p/http://www.bloggingstocks.com/2008/01/16/boeing-delays-787-dreamliner-delivery-until-early-2009-citing-p/#commentsFiled under: ,

Boeing has delayed the delivery of the first 787 Dreamliner until early 2009 instead of late 2008, saying the rate at which jobs are being completed has not improved sufficiently to maintain the current schedule.

It's the second delay for the commercial aviation giant, which previously had delayed the introduction of the next-generation plane by six months. The 787's maiden flight will now occur near the end of Q2. The company underscored that the fundamental design and technologies for the 787 remain sound.

Investors early Wednesday took Boeing's delay announcement in stride. Boeing's (NYSE: BA) shares rose 16 cents to $78.02 in Wednesday morning trading.

The 787 Dreamliner program has encountered several bottlenecks due to parts shortages and assembly delays. Boeing has 817 orders for the plane, which is considered critical to its early 21st century commercial aviation strategy as it battles with rival Airbus.

Continue reading Boeing delays 787 Dreamliner delivery until 2009, citing parts shortage

Boeing delays 787 Dreamliner delivery until 2009, citing parts shortage originally appeared on BloggingStocks on Wed, 16 Jan 2008 11:02:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>787787 DreamlinerA350A380AirbusBABoeingbusiness travelcommercial aviationDreamlinerinthenewsWed, 16 Jan 2008 11:02:00 EST<![CDATA[Boeing says 787 Dreamliner on track for 2008 delivery]]>http://www.bloggingstocks.com/2007/12/11/boeing-says-787-dreamliner-on-track-for-2008-delivery/http://www.bloggingstocks.com/2007/12/11/boeing-says-787-dreamliner-on-track-for-2008-delivery/http://www.bloggingstocks.com/2007/12/11/boeing-says-787-dreamliner-on-track-for-2008-delivery/#commentsFiled under: ,

Boeing Airlines 787 DreamlinerBoeing announced Tuesday that it is still on track to fly its first 787 Dreamliner in Q1 2008 and deliver the plane to its first customer, All Nippon Airways, by the end of 2008, The Wall Street Journal reported (subscription required).

Boeing (NYSE: BA) also confirmed full-build 787 aircraft production plans. Earlier this year, Boeing delayed delivery of the 787 by six months to about December 2008, instead of May 2008, due to a parts shortage and also to complete additional work previously assigned to contractors, Bloomberg News reported. Boeing's shares were down 40 cents to $92.33 in Tuesday mid-day trading.

Boeing has 762 orders for the 787, valued at about $120 billion. Analysts view an aerospace company's ability to deliver planes on time as critical to the company's future prospects, due to the high cost airlines incur for delayed planes. Delayed plane deliveries also discourage future plane orders, analysts generally agree.



In addition to the 787's next-generation passenger amenities and substantially improved fuel efficiency, the plane also serves as a touch-point in the aerospace battle between Boeing and Airbus.

Continue reading Boeing says 787 Dreamliner on track for 2008 delivery

Boeing says 787 Dreamliner on track for 2008 delivery originally appeared on BloggingStocks on Tue, 11 Dec 2007 13:56:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>787787 DreamlinerA380aerospaceaerospace sectorAirbusaviation fuelBABoeingbusiness travelcommerical aviationEADSEuropean Unioninthenewsjetsleisure travelplanestravelTue, 11 Dec 2007 13:56:00 EST<![CDATA[Europe's euro stance may not remain laissez-faire]]>http://www.bloggingstocks.com/2007/11/29/europes-euro-stance-may-not-remain-laissez-faire/http://www.bloggingstocks.com/2007/11/29/europes-euro-stance-may-not-remain-laissez-faire/http://www.bloggingstocks.com/2007/11/29/europes-euro-stance-may-not-remain-laissez-faire/#commentsFiled under: , , , , ,

There are signs that Europe's laissez-faire stance toward the Euro may not remain so laissez-faire in the months ahead.

European officials from a variety of corners - - public, private, corporate - - are beginning to express concern about the increasingly strong euro currency.

In the German weekly Welt am Sonntag, Airbus CEO Louis Gallois indicated that the strong euro will affect Airbus' sales and competitive position versus rival The Boeing Company (NYSE: BA): "It is very clearly an existential threat -- not immediately, but in the long-term," Gallois told the newspaper. "On this basis we can no longer plan effectively for the future."

Airbus sells its planes in dollars but about half its costs are in euros, which makes the company sensitive to a rise in the euro vs. the U.S. dollar, despite the company's hedging efforts.

Continue reading Europe's euro stance may not remain laissez-faire

Europe's euro stance may not remain laissez-faire originally appeared on BloggingStocks on Thu, 29 Nov 2007 19:25:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>787787 DreamlinerA380AirbusBABoeingBritish poundcurrenciesdollarEADSECBEUeuroeuro-zoneEuropean Central BankEuropean UnionexportsFederal Reserveforeign exhangeforexGalloisimportsmonetary policySarkozySwiss franctradeTrichetUnited StatesyenyuanThu, 29 Nov 2007 19:25:00 EST<![CDATA[For Boeing, Airbus, another record year]]>http://www.bloggingstocks.com/2007/11/13/for-boeing-airbus-another-record-year/http://www.bloggingstocks.com/2007/11/13/for-boeing-airbus-another-record-year/http://www.bloggingstocks.com/2007/11/13/for-boeing-airbus-another-record-year/#commentsFiled under: , , , , ,

Regarding the Dubai Air Show, it looks like Boeing (NYSE: BA) and Airbus are eyeball-to-eyeball, and so far, neither has blinked.

This year's Dubai Air Show has ensured that 2007 will be a record year for commercial jetliner orders, Reuters reported, with the two aerospace giants signing more than $82 billion in orders at the show.

For 2007, Airbus' orders should surpass the 1,111 amassed in 2005, Chief Executive Officer Tom Enders said. Boeing, which had 956 orders through Oct. 6 and does not forecast orders, is within 66 planes of having its third straight record year, Bloomberg News reported.


Continue reading For Boeing, Airbus, another record year

For Boeing, Airbus, another record year originally appeared on BloggingStocks on Tue, 13 Nov 2007 16:00:00 EST. Please see our terms for use of feeds.

Read | Read | Permalink | Email this | Comments]]>747787787 DreamlinerA380A380 superjumboair travelAirbusAsiaaviationBABoeingbusiness travelemerging marketsEUEuropean UnionLatin Americaleisure travelMiddle EasttravelvacationsTue, 13 Nov 2007 16:00:00 EST<![CDATA[Saudi prince buys his own pimped-out Airbus A380]]>http://www.bloggingstocks.com/2007/11/13/saudi-prince-buys-his-own-pimped-out-airbus-a380/http://www.bloggingstocks.com/2007/11/13/saudi-prince-buys-his-own-pimped-out-airbus-a380/http://www.bloggingstocks.com/2007/11/13/saudi-prince-buys-his-own-pimped-out-airbus-a380/#commentsFiled under: ,

Those of you reading this while jammed into a center coach seat might want to move on to another story, one that doesn't deal with a Saudi prince's new ride, the 6,000 square foot 'Flying Palace" custom Airbus A380.

Billionaire Prince Alwaleed bin Talal is paying well over list ($320 million) for his sky limo/air estate. While Airbus would not reveal details of the customization, the possibilities are vast. The cabin is as wide as three Shaquile O'Neils laid end to end, as long as six Weinermobiles, with as much area as 24 rooms at Motel 6. That's plenty of room to pimp it up with a swimming pool, or a go-cart track, bowling alley, IMAX theater, quilt loom, foosball, lawn darts or Frisbee golf course, or sauna complete with its own live birch trees. Think on that the next time you try to prop your laptop on a tray the size of a dollar bill.

This is not the Prince's initial foray into luxury air travel. He is presently the only owner of a private Boeing (NYSE:BA)747, which will probably become his beater plane, the one the kids take to college.


Saudi prince buys his own pimped-out Airbus A380 originally appeared on BloggingStocks on Tue, 13 Nov 2007 14:22:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>a380airbusbacustom a380CustomA380Prince Alwaleed bin TalalPrinceAlwaleedBinTalalsaudi arabiaSaudiArabiaTue, 13 Nov 2007 14:22:00 EST<![CDATA[First Airbus Superjumbo A380 delivered to Singapore Airlines, better late than never]]>http://www.bloggingstocks.com/2007/10/15/first-airbus-superjumbo-a380-delivered-to-singapore-airlines-be/http://www.bloggingstocks.com/2007/10/15/first-airbus-superjumbo-a380-delivered-to-singapore-airlines-be/http://www.bloggingstocks.com/2007/10/15/first-airbus-superjumbo-a380-delivered-to-singapore-airlines-be/#commentsFiled under: , , , , ,

Airbus A380Sure it's two years late, but that does not take away from the excitement as the first Airbus A380 Superjumbo plane was delivered today. The first company to get the revolutionary plane is Singapore Airlines, which is now the proud owner of the world's largest passenger plane.

It was definitely a rocky road for Airbus maker European Aeronautic Defence and Space Co. (LSE: EAD). Delays on this project have taken their toll on the company in terms of personnel, profits and reputation. On the road to today's product handover, Airbus has torn through 5 CEOs, billions of dollars in extra costs, and a restructuring plan that will likely result in the loss of around 10,000 jobs. As if that's not bad enough, the company is also dealing with the fact that Boeing (NYSE: BA) was able to take its #1 sale spot in 2006.

While it is great to see the new A380 being delivered, it would be foolish to think that this marks of the end of hard times for the company. There is still an ongoing investigation in Airbus' parent company EADS over "massive insider trading" that the French Financial Markets Authority has claimed to uncover in its preliminary investigation into trading allegations against the company's senior managers.

Continue reading First Airbus Superjumbo A380 delivered to Singapore Airlines, better late than never

First Airbus Superjumbo A380 delivered to Singapore Airlines, better late than never originally appeared on BloggingStocks on Mon, 15 Oct 2007 11:32:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>A380AirbusAirbus IndustrieAirbusIndustrieChew Choon SengChewChoonSengEADSEuropean Aeronautic Defence and Space Co.inthenewsSingapore AirlinesSingaporeAirlinessuperjumboMon, 15 Oct 2007 11:32:00 EST<![CDATA[Concorde parts auction to benefit Airbus]]>http://www.bloggingstocks.com/2007/09/29/concorde-parts-auction-to-benefit-airbus/http://www.bloggingstocks.com/2007/09/29/concorde-parts-auction-to-benefit-airbus/http://www.bloggingstocks.com/2007/09/29/concorde-parts-auction-to-benefit-airbus/#commentsFiled under: , , ,

The age of the Concorde may be past, but it's not too late to grab a little piece of the former jet-setting glamor. Pieces of the defunct Concorde jets went on sale on Friday in southern France. Among the more than 850 lots up for auction are cockpit gauges, landing gear parts, plates and silverware, and even a toilet seat. Not included is the Concorde's instantly recognizable needle nose.

The auction is intended to raise money for a museum and park in Toulouse, home to Airbus, the world's largest commercial airplane maker. Airbus profit has fallen of late as Airbus struggles to revive its business by selling plants and laying off employees. It also has had to put up with interference in its efforts to develop the A380 from the French and German governments, which are shareholders in Airbus's parent, European Aeronautic, Defence, and Space Co. (EADS).

If pieces of the Concorde don't do it for you, how about a 157-year-old Scotch whisky (went for £294,000), letters from Confederate General Robert E. Lee (went for $61,000), a signed photo of Marilyn Monroe (went for £9,000), or even a part in a Will Ferrell movie (went for $47,000) via eBay (NASDAQ: EBAY)? You never know what you might find at auction.

Concorde parts auction to benefit Airbus originally appeared on BloggingStocks on Sat, 29 Sep 2007 16:40:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>A380AirbusauctionsConcordeEADSinthenewsSat, 29 Sep 2007 16:40:00 EST<![CDATA[EADS posts loss due to Airbus, Boeing looks good]]>http://www.bloggingstocks.com/2007/05/10/eads-posts-loss-due-to-airbus-boeing-looks-good/http://www.bloggingstocks.com/2007/05/10/eads-posts-loss-due-to-airbus-boeing-looks-good/http://www.bloggingstocks.com/2007/05/10/eads-posts-loss-due-to-airbus-boeing-looks-good/#commentsFiled under: ,

Sometimes, a competitor's results can give more insight into a company's situation. In this case, European Aeronautic Defence & Space Co. NV (EADS) reported a first-quarter loss due to problems with its commercial aircraft division Airbus, the world's biggest planemaker. The Airbus division struggled with delays and rising costs on the A380 superjumbo as well as a weak dollar. It is the third consecutive loss EADS is reporting, although it beat analysts' projected loss.

The Chief Financial Officer of EADS had already told shareholders last week that the Airbus unit is expected to post another "significant" loss this year, but could return to profitability in 2008.

Compare this to Boeing Co.'s (NYSE: BA) first quarter results reported late April, where the company posted a 27% rise in profit, beating analysts estimates. In the first quarter, Boeing booked orders for 185 commercial planes, beating Airbus by 51, and it increased shipments of the 737, its best-selling model, by 15%.

Also, orders for Boeing's new fuel-efficient 787 are soaring with over 500 orders; it is the company's most successful aircraft introduction ever. Airbus will not have an answer in time, meaning Boeing might regain the lead in commercial aviation next year. Airbus's answer, the A350 XWB, will only enter service five years after the 787 begins commercial service in 2008.

Boeing just keeps looking better.

EADS posts loss due to Airbus, Boeing looks good originally appeared on BloggingStocks on Thu, 10 May 2007 12:35:00 EST. Please see our terms for use of feeds.

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Just when you think Airbus is about to finally assert itself -- perhaps right itself is the more appropriate phrase -- against Boeing Co. (NYSE:BA) in the commercial aviation sector, up pops another gremlin.

On Tuesday, word surfaced that Airbus' co-owners Germany and France were again at odds, this time over the size of expected job cuts at the world's second major commercial jet manufacturer.

France and Germany jointly control Airbus through ownership of its parent company EADS. EADS' shares closed Tuesday in Europe at €25.95, up 11 cents. Boeing's shares closed Tuesday at $91.03 up 9 cents.

French Prime Minister Dominique de Villepin said Tuesday he had talked with German Chancellor Angela Merkel about Airbus's difficulties and confirmed that the company is seeking to slash 10,000 jobs as part of its restructuring plan. German politicians suspect Toulouse-based Airbus's French management of forcing German workers to bear a disproportionate share of the cuts. Arnaud Lagardere, the head of a French coalition, does not deny that his country is trying to protect France-based jobs.

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For Airbus, the gremlins can't seem to stop originally appeared on BloggingStocks on Wed, 21 Feb 2007 09:56:00 EST. Please see our terms for use of feeds.

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From Joseph Lazzaro of Theflyonthewall.com

To cite a famous Led Zeppelin documentary: "The Song Remains The Same" regarding Boeing Co. (NYSE:BA) and Airbus (EADS).

Korean Air Lines announced Tuesday that it is ordering 25 Boeing cargo planes valued at $5.5B in what amounts to not only more work for Boeing but also another contract win against rival Airbus. KAL chose 5 of Boeing's new 747-8s and 5 of the 777-200 freighter models over the cargo version of Airbus' A380 superjumbo jet.

FedEx Corp (NYSE:FDX), Emirates, and Korean Air Lines. Is there a pattern developing here? Without a doubt. Continual delays in Airbus' A380 program, cost overruns, and a general lack of clarity from Airbus' management regarding its aerospace priorities have helped Boeing scoop up contracts from its rival: Boeing now has 2006 orders for 857 planes. Airbus: 508.

Continue reading Boeing and Airbus: The song remains the same

Boeing and Airbus: The song remains the same originally appeared on BloggingStocks on Tue, 21 Nov 2006 14:32:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>a380airbusboeingeadsTue, 21 Nov 2006 14:32:00 EST<![CDATA[Airbus digs itself out as the A380 finally flies]]>http://www.bloggingstocks.com/2006/11/14/airbus-digs-itself-out-as-the-a380-finally-flies/http://www.bloggingstocks.com/2006/11/14/airbus-digs-itself-out-as-the-a380-finally-flies/http://www.bloggingstocks.com/2006/11/14/airbus-digs-itself-out-as-the-a380-finally-flies/#commentsFiled under: , , , ,

The last time anyone looked, Airbus and its parent EADS were about to go down in flames. FedEx Corp. (NYSE:FDX) has canceled a major order for the Airbus 380 super jumbo jet and other customers were threatening the same. The great scales of commerce were shifting in the direction of Airbus rival Boeing Co. (NYSE:BA).

But, Airbus has finally gotten its A380 off the ground. It appears that the plan can even fly further than Howard Hughes legendary Spruce Goose, at one time the largest plane in the world.

The Airbus 380 has flown from France to Korea without incident. Not even air sickness. Government agencies like the FAA can now certify the jet. This gets Airbus back on the road to getting the plane to customers like Singapore Airlines.

Boeing is hoping that Airbus customers who are sick of the delay will look at the newest version of the 747. Maybe the U.S. airframe giant may pick up a few dissatisfied customers.

Boeing is trading like a company about to get some big orders. Its stock is just shy of $86, very near a 52-week high. The stock is up from $50 less than two years ago.

Boeing has had Airbus on the mat recently. But, at least the European aircraft firm is not grounded.

Douglas McIntyre is a partner at 24/7 Wall St.

Airbus digs itself out as the A380 finally flies originally appeared on BloggingStocks on Tue, 14 Nov 2006 10:13:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>747a380AirbusbaboeingeadsFedexjumboTue, 14 Nov 2006 10:13:00 EST<![CDATA[Airbus loses its first customer]]>http://www.bloggingstocks.com/2006/11/07/airbus-loses-its-first-customer/http://www.bloggingstocks.com/2006/11/07/airbus-loses-its-first-customer/http://www.bloggingstocks.com/2006/11/07/airbus-loses-its-first-customer/#commentsFiled under: , , , , , , , , ,

Production delays on the world's largest passenger airline, the Airbus A380, have resulted in the airliner's first order cancellation. Last month Airbus's parent company, European Aeronautics Defense Space Co. (PA:EAD) were forced to delay deliveries of the A380 for two years due to what the company is calling wiring problems. It has been revealed recently, however, that the delays may actually be due more to the airliner trying to overcome a 5.5 ton weight problem.

This did not sit too well with parcel carrier FedEx Corporation (NYSE: FDX) who announced today that it was canceling its order for 10 of the 550-seat passenger jet and taken its business to Boeing Corp. (NYSE: BA). The company stated today that it has placed an order for 15 jumbo jets, the 777 freighter, from Boeing, at a cost of about $3.5 billion, and has also taken out options on buying an additional 15 in the future.

EAD has to be getting worried at this point regarding the risks it has taken in trying to build and profitably produce the world's largest passenger jet. Today's order by FDX for Boeing's 777 freighter is not the first indication of growing unrest among its clients. Brazil's largest airline, TAM Airlines, was an all-Airbus airline, at least until this week when it took its business to Boeing as well, for four of the company's 777's. Late last month the company's biggest Airbus client, the Emirates, decided that there was enough doubt over the company's ability to keep its production schedule that it wanted to send representatives to Airbus headquarters to see if it believes the recent extensions will be realistic or not.

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Airbus loses its first customer originally appeared on BloggingStocks on Tue, 07 Nov 2006 16:40:00 EST. Please see our terms for use of feeds.

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