Author: Emma Vandore
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EADS vows to keep self financing drone project
VILLEPINTE, France — The CEO of EADS’ defense and security division said Wednesday that the European company will keep financing its drone project until cash-strapped governments are able to commit. EADS will keep ploughing its own funds into the project because to fall behind in this technology would mean being excluded from large parts of…
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EADS considering new bid for Pentagon tanker
PARIS — Aerospace and defense company EADS said Friday it is considering a new bid for a $35 billion Pentagon contract for midair refueling tankers but will only compete if it has a fair chance against rival Boeing. A consortium of EADS and Northrop Grumman pulled out of the bidding for the long-awaited, 179-tanker contract…
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Military transport woes push EADS into the red
PARIS — Airbus parent company EADS NV reported Tuesday that spiraling costs on its military transport plane and its A380 superjumbo pushed it into the red and warned that both programs will be loss-making for years. Paris-based European Aeronautic Defence & Space Co. said it lost euro1.05 billion ($1.44 billion) in the three months to…
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Talks on Airbus military plane gather momentum
PARIS — Talks between European defense and aerospace company EADS and the customer governments of its A400M military transport plane gathered momentum Wednesday, although both sides warned a deal had not yet been reached. EADS and the seven governments that ordered the four-propeller Airbus plane have been locked in a dispute over who will pay…
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Low-cost and Asian firms order dozens of airbus jets
LE BOURGET, France • Asian and low-cost airlines defied worries about the global recession and placed dozens of orders with Airbus at the Paris Air Show on Tuesday, in sharp contrast to rival Boeing, which reported no new sales. Planemakers at the world’s biggest air show are trying to coax airlines and governments to open…
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Boeing shut out of orders race on first day at Paris Air Show
LE BOURGET, France – Boeing didn’t score a single jet order and its competitor Airbus didn’t fare that much better on today’s opening day of the Paris Air Show, where the mood among the world’s aviation industry leaders was as damp as the weather. Worries about the unexplained crash of Air France Flight 447 hung…
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2 bodies, ticket found near Air France crash site With video
Searchers found two bodies and the first confirmed debris – a briefcase containing an Air France Flight 447 ticket – in the Atlantic Ocean near where the jetliner is believed to have crashed, a Brazil military official said Saturday.The French agency investigating the disaster, meanwhile, said airspeed instruments were not replaced as the maker recommended…
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Expert: Air France black boxes may never be found
FERNANDO DE NORONHA, Brazil – Military planes and ships struggled through high seas and heavy winds today and found more debris from an Air France jet, while an investigator said the black boxes may never be found in the depths of the Atlantic. Rescue vessels from several nations were sailing toward the site to start…