Archive | January, 2007

Like a Gothic horror story, Swissair execs tell their stories in court

Throughout 2001 there were deepening signs of financial crisis at what was then Swissair and its parent SAirGroup. It looked as if they would be restructured with heavyweight funding from the usual suspects in the international banking community; the idea that the situation was already beyond saving seemed inconceivable. Then on 2 October something happened […]

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British commanders: more helicopters for Afghanistan? No thanks!

The fact that the British armed forces don’t have enough battlefield helicopters to make ends meet has been a known fact for several years now, but it had looked as though troops on the ground in Afghanistan would benefit from prime minister Tony Blair’s late 2006 promise – albeit extracted like a bad tooth – […]

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And the winner at British Airways is….Willie Walsh

Make no mistake, Willie Walsh is the big winner in the settlement of the British Airways cabin-crew strike, despite some very odd things being written in British quality newspapers. Not only is the cost of the settlement to BA a minor one, but the BASSA arm of the T&G union representing the cabin crew has […]

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Big job fears at Airbus?

As the Airbus restructuring saga rumbles on, the European press is full of reports that workers at Airbus’s sites in Germany will be striking this Friday, in protest at what Power8 will mean for their jobs and factories. Airbus representatives insisted last week during a press visit to its Finkenwerder site that this is not […]

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You couldn’t make it up – Airbus A380 grounded by French civil service strike

Unfortunately for Airbus, the US denizens of the darker Francophobic corners of the web are going to be in near-ecstasy over this one… The first media flight of the A380, due to take place from Toulouse early next month, has had to be rescheduled. The reason: the French civil service is going on strike. Could […]

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European Court ruling should mean GE’s move on Smiths Aerospace is OK

For GE, Smiths is the new Honeywell. There are plenty of people in both those companies (and more significantly, some now not in them) who would rather consign the whole ghastly memory of the failed GE-Honeywell merger of 2001 to a dark corner. But, thanks to the European Court of Justice,  this time around, things […]

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Airbus market share – I was sort-of right

Well, the Airbus numbers are out and my prediction of a week ago that they’d get to 40% by net units sold was right, but a big chunk of undisclosed customers listed as December 06 orders means that I wasn’t as close as I’d like to have been. In fact, Airbus’s 790 net orders gets […]

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Finding a Unicorn or a British astronaut, which is easier?

So a UK astronaut is likely to be Primeminister Brown’s decision. In the cold harsh light of politics the decision to have a British national in the European astronaut corp could ultimately depend on whether Brown thinks it would be something positive that would set his premiership a part from his predecessor.

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Airbus and Boeing – it’s that time of year and Airbus will hit 40%

Loyal followers of this blog will recall that on 5 January last year I stunned the world by correctly predicting that, contrary to all received wisdom, Airbus would still overtake Boeing’s 2005 order total despite being way behind with only days to go. (OK, not stunned exactly, and possibly you don’t recall exactly, but anyhow…) […]

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FSTA delays mean the RAF will keep its BAC VC10s how long!!!

One by agonising one the RAF has been getting rid of the assortment of made-in-Britian, and pretty much only-operated-in-Britain, aircraft that soldiered on through the sixties to the nineties. But the VC10, almost incredibly, is looking highly likely to hit 50 years of service. Flight International this week reports that delays to the RAF’s Future Strategic […]

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