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Just say NO to Airbus

FlyBoeingJets

YES, that's NICE
Joined
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Posts
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Airbus signs off on rival to Boeing 787
http://www.marketwatch.com/1.gif

By August Cole, MarketWatch
Last Update: 6:30 PM ET Oct. 6, 2005

SAN FRANCISCO (MarketWatch) -- Aircraft maker Airbus on Thursday formally announced it will build its next new plane to compete against Boeing Co.'s 787 Dreamliner but it will do so for now without the launch subsidies that set off a Transatlantic trade spat.

The controversial support is in a holding pattern, Airbus and parents European Aeronautic Defence and Space Co. and BAE Systems said Thursday.

Airbus will receive no funds from France, Germany, Spain or the United Kingdom in 2006 "as long as there is a credible prospect of negotiations and similar restraint is being undertaken in the United States." The two sides went to the World Trade Organization over the aid, with Airbus claiming Boeing also receives government help, and are currently working on a settlement.

But the United States will continue to pursue its World Trade Organization case against Airbus, U.S. Trade Representative spokeswoman Christine Baker said Thursday in a statement. "It's clear that the EU countries are unwilling to stop subsidizing Airbus. Therefore, we will continue to push ahead with our WTO case," Baker said.

Boeing said it backs the effort to quash launch aid for Airbus through WTO litigation or a settlement. "Launch aid is above and beyond the other forms of government support Airbus already receives -- tax relief, government-sponsored R&D, and government-paid infrastructure projects," Boeing said in a statement.

The Airbus A350 is set to start service in 2010, two years after Boeing's all-composite 787 will be put to work. For the aerospace supplier community, the go-ahead on the A350 is good news, analysts said.

"Airbus is confidently predicting 200 firm orders for the aircraft before the end of the year. When coupled with sub-system awards for suppliers, the successful launch of the A350 could prove to be a positive catalyst for the aerospace suppliers," Banc of America Securities analyst Robert Stallard wrote in a research note.

Stallard wrote that he expects Airbus will want to work with suppliers who are already developing technology and components for the Boeing 787 "so as to piggyback off R&D that is already underway." The A350 will have a composite wing and an aluminum fuselage.

While Boeing is focused on the 787, Airbus is in the midst of launching its A380, a superjumbo jet that can seat twice as many people as the biggest version of the A350. The A350 will seat between 253 and 300 people.
Airbus plans to build the A350 at plants where it makes the A330 and A340. But overseas companies in Russia, China and elsewhere will also be involved, Airbus has said.

On Thursday, SG Securities upgraded EADS shares to buy from hold, citing double-digit aircraft delivery growth rates and a cost cutting program that should allow Airbus to increase sales and margins even as currency hedge rates deteriorate. See European Markets.

The firm wrote that 2005 civilian aircraft orders are likely to top 1989's previous peak. According to SG Securities, this will ensure that large aircraft deliveries reach some 900 units in 2008, a 50% increase from 2004.
Among Airbus' 140 customer commitments for the A350, Qatar Airways is set to take 60, and US Airways Group LCC is set for 20 jets.


C'mon USAir, Buy Boeing!
 

House_X

House X by Peter Eisenman
Joined
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Posts
489
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FlyBoeingJets said:
Airbus signs off on rival to Boeing 787


By August Cole, MarketWatch
Last Update: 6:30 PM ET Oct. 6, 2005

SAN FRANCISCO (MarketWatch) -- Aircraft maker Airbus on Thursday formally announced it will build its next new plane to compete against Boeing Co.'s 787 Dreamliner but it will do so for now without the launch subsidies that set off a Transatlantic trade spat.

The controversial support is in a holding pattern, Airbus and parents European Aeronautic Defence and Space Co. and BAE Systems said Thursday.

Airbus will receive no funds from France, Germany, Spain or the United Kingdom in 2006 "as long as there is a credible prospect of negotiations and similar restraint is being undertaken in the United States." The two sides went to the World Trade Organization over the aid, with Airbus claiming Boeing also receives government help, and are currently working on a settlement.

But the United States will continue to pursue its World Trade Organization case against Airbus, U.S. Trade Representative spokeswoman Christine Baker said Thursday in a statement. "It's clear that the EU countries are unwilling to stop subsidizing Airbus. Therefore, we will continue to push ahead with our WTO case," Baker said.

Boeing said it backs the effort to quash launch aid for Airbus through WTO litigation or a settlement. "Launch aid is above and beyond the other forms of government support Airbus already receives -- tax relief, government-sponsored R&D, and government-paid infrastructure projects," Boeing said in a statement.

The Airbus A350 is set to start service in 2010, two years after Boeing's all-composite 787 will be put to work. For the aerospace supplier community, the go-ahead on the A350 is good news, analysts said.

"Airbus is confidently predicting 200 firm orders for the aircraft before the end of the year. When coupled with sub-system awards for suppliers, the successful launch of the A350 could prove to be a positive catalyst for the aerospace suppliers," Banc of America Securities analyst Robert Stallard wrote in a research note.

Stallard wrote that he expects Airbus will want to work with suppliers who are already developing technology and components for the Boeing 787 "so as to piggyback off R&D that is already underway." The A350 will have a composite wing and an aluminum fuselage.

While Boeing is focused on the 787, Airbus is in the midst of launching its A380, a superjumbo jet that can seat twice as many people as the biggest version of the A350. The A350 will seat between 253 and 300 people.
Airbus plans to build the A350 at plants where it makes the A330 and A340. But overseas companies in Russia, China and elsewhere will also be involved, Airbus has said.

On Thursday, SG Securities upgraded EADS shares to buy from hold, citing double-digit aircraft delivery growth rates and a cost cutting program that should allow Airbus to increase sales and margins even as currency hedge rates deteriorate. See European Markets.

The firm wrote that 2005 civilian aircraft orders are likely to top 1989's previous peak. According to SG Securities, this will ensure that large aircraft deliveries reach some 900 units in 2008, a 50% increase from 2004.
Among Airbus' 140 customer commitments for the A350, Qatar Airways is set to take 60, and US Airways Group LCC is set for 20 jets.


C'mon USAir, Buy Boeing!

Half the parts on a Boeing is made and assembled in Japan, Mexico and Brazil...
 

FlyBoeingJets

YES, that's NICE
Joined
Mar 20, 2003
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My "Buy American" streak came out again today. The French, and Chinese, love to try to stack the deck in their favor. They don't give a hoot about fair competition. They are constantly working an unfair angle. If you feel for your fellow Americans you will buy American. At least North American.

Maybe, if we squeeze them hard enough, the French and Chinese will do away with unfair trade practices.
 

tittyjet

Throbbing Member
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Apr 20, 2003
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275
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4:20
"If it ain't Boeing, I'm not going."
 

Superbird

Well-known member
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QuasarZ said:




Unless the ticket price is $199.00 RT, then you won't care which type of aircraft you're on.

"IF it ain't Boeing, I ain't....." What if its DeHavilland? Embraer? Beechcraft? Dornier? Canadair? McDonnell-Douglas? Cessna? Piper?
 

MD11Drvr

Still Learning
Joined
Apr 21, 2005
Posts
398
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Enough
I just don't like thier design practices. I still say American made when and where you can................


Superbird said:
Unless the ticket price is $199.00 RT, then you won't care which type of aircraft you're on.

"IF it ain't Boeing, I ain't....." What if its DeHavilland? Embraer? Beechcraft? Dornier? Canadair? McDonnell-Douglas? Cessna? Piper?
 

House_X

House X by Peter Eisenman
Joined
Dec 18, 2001
Posts
489
Total Time
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FlyBoeingJets said:
My "Buy American" streak came out again today. The French, and Chinese, love to try to stack the deck in their favor. They don't give a hoot about fair competition. They are constantly working an unfair angle. If you feel for your fellow Americans you will buy American. At least North American.

Maybe, if we squeeze them hard enough, the French and Chinese will do away with unfair trade practices.

It's the shareholders of Corporate America that have sold you out...not the Chinese and French. You want a FREE MARKET ECONOMY G.W.B. style, you got it!!!!

How much of that FORD truck is made in Brazil or that GM truck in Mexico? It's more than you think... do you see Toyota or Honda laying off plant workers in the States? Most Japanese cars are, in fact, made in the United States due to cheaper labor costs...also it's good P.R.

Yep, Corporate America is counting on you guys to continue to "think" your buying "American"...when, in fact, your just making the various shareholders from Saudia Arabia rich...

congrats!!!
 

KCSO780

My kind of window seat!
Joined
Jan 17, 2004
Posts
57
Total Time
5000
Here we go again, It G.W.'S fault. You know, I was working in the garage today, cut my finger somehow, but I have to tell you, I think GW had something to do with it.........In fact, I tried to jumpseat the other day, darn if the plane wasn't full. Had wait two hours for the next flight. While sitting at the gate, I thought to myself, I bet GW is behind this. Damn him.
 

Iceman21

Moving on up - someday
Joined
Mar 3, 2003
Posts
395
Total Time
500
The guys above hit the nail on the head. Do you want to support the American worker or the American CEO? If you want to support the CEO's fat paycheck then by all means continue to buy your domestic products. Want to support that factory worker putting together the car, then find out which companies are building things here on our soil. Hyundai, Nissan, Toyota, etc come to mind, as well as Saturn.
 
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