Showing posts with label airbus. Show all posts
Showing posts with label airbus. Show all posts

Friday, October 16, 2020

Sold out in 30 mins: Here is why people want to eat on a grounded plane

 

At the point when Singapore Airlines Ltd. said seats on its superjumbo-turned-eatery sold out in a short time, one regular inquiry was: "Who on Earth would need to do that?"

A lot of individuals, it turns out. For each individual who doesn't savor flying, not to mention schlepping to the air terminal and onto a stopped plane for some warmed carrier food, there's another who can't get enough of the flying experience and is eager to dish out (heaps of cash) for it.

Singapore Airlines is opening up two of its Airbus SE A380s at Changi Airport as brief eateries for two ends of the week in the not so distant future, offering dishes from its menu, two complimentary mixed beverages and free progression of different drinks. A supper in a suite costs S$642 ($472), while costs are S$321 for a business-class seat, S$96.30 for premium economy and S$53.50 for economy.

At the top end, such a cash would handily get you an eight-course degustation at Odette, reliably positioned as one of the world's best eateries, or a supper for two, or more wine, at Cut, the Marina Bay Sands steak house that is important for superstar gourmet expert Wolfgang Puck's steady.

Mayur Patel was eager to apply for the sweet suite seat. The provincial deals chief for movement information supplier OAG Aviation Worldwide said he needed to encounter the suite again subsequent to flying in one once from Sydney to Singapore. As an individual from Singapore Airlines' top-level Solitaire PPS Club for a very long time, Patel additionally needed to help the transporter since he feels appended to the brand.

Here are some a greater amount of his bits of knowledge into what pulled in individuals to the offer:

What propels individuals to burn through several dollars on this when they could go to a 5-star café or lodging around?

The SIA A380 feasting experience was something that astounded many. Why anyone would burn through S$50 for economy class to S$600 for suites was astounding for a few. Notwithstanding, there are numerous perspectives to taking a gander at this.

Monday, December 2, 2019

WTO rejects EU claims that it no longer provides subsidies to Airbus

International News
PARIS/BRUSSELS (Reuters) - The World Trade Organization on Monday rejected European Union claims that it no longer provides subsidies to planemaker Airbus, underscoring tariffs recently imposed by the United States on European goods.
A new compliance report from the Geneva trade watchdog found that the Airbus A380 and A350 jetliners continue to be subsidised as a result of past European government loans.It is the latest move in a record transatlantic trade dispute involving mutual claims of illegal aircraft subsidies, coming to a head at a time of rising global trade tensions.
The United States was in October awarded the right to impose tariffs on $7.5 billion of annual EU imports in the case against Airbus. It went ahead with partial tariffs on most Airbus jets and products from cheese to olives and single-malt whisky.A decision on retaliation rights for the EU in a parallel case on aid for Boeing is due next year..
In Monday's finding, a three-person panel rejected EU claims that a recent decision by Airbus to stop producing the slow-selling A380 meant the giant airliner could no longer be seen as a threat to Boeing, whose competing 747 is also out of fashion.While the WTO no longer faulted Airbus for causing lost sales to Boeing with the A380, which is no longer marketed, it ruled that the superjumbo would continue to cause market-share damage to Boeing for as long as it is produced and delivered.
Airbus plans to shut production in mid-2021.

The WTO appeared to strengthen findings against the A350, saying it had both cost sales and damaged Boeing's market-share prospects - a process called impedance - in the busier twin-engined long-haul market where Boeing offers its 787 Dreamliner...Read More

Wednesday, June 19, 2019

Paris air show: Airbus seals deals with big buyers after Boeing's MAX sale

Company News

Airbus sealed deals with big buyers for its latest passenger jet at the Paris Airshow on Wednesday, battling back a day after a surprise order by British Airways' owner for rival Boeing's grounded 737 MAX jet.
Indigo Partners, the private equity firm of veteran low-cost airline investor Bill Franke, and American Airlines each signed up for 50 of Airbus's new long-range A321neo jet, although some orders were converted from deals on other models.
Airbus, which has not given a list price for the A321XLR, launched the new plane on Monday, aiming to carve out new routes for airlines with smaller planes and steal a march on Boeing's plans for a potential all new jet for the middle of the market.
The deals are a big vote of confidence in the European planemaker, a day after major customer British Airways owner IAG signed a letter of intent to buy 200 of Boeing Co's 737 MAX jets, a model that has been grounded since March after two deadly crashes.
Asked about the IAG deal, Franke, who struck the largest-ever plane deal by number of aircraft with Airbus in 2017, called the A321neo the most efficient single-aisle jet.
Franke's Indigo Partners signed a memorandum of understanding to buy 32 of A321XLR aircraft and to convert 18 existing A320 family jet orders to the larger model.

 The jets will be allocated to Hungary's Wizz Air, US carrier Frontier Airlines and Chile's JetSMART, in which Indigo Partners owns stakes. Industry experts estimate the deal for the 32 aircraft could be valued at around $4.5 billion, based on a slight premium to the A321neo's list price of $129.5 million, although most airlines get significant discounts.

Sunday, May 5, 2019

Airbus considers legal action against Germany's ban on Saudi arms sales

International News

Airbus is considering suing the German government as its freeze on arms exports to Saudi Arabia means the company is unable to complete a border security system for the Gulf state, two people familiar with the matter said.

In October, Germany decided to reject future arms exports licences to Saudi Arabia over the killing of journalist Jamal Khashoggi, and to freeze deliveries of already approved equipment - a move that infuriated allies and defence companies.

Airbus is looking at taking legal action against Berlin over the security system for the border between Saudi Arabia and Yemen - a contract worth some 3 billion euros ($3.36 billion), of which around 1 billion euros remains open, the sources said.

"We are looking at an action for failure to act," said one source familiar with the matter, speaking on Sunday on condition of anonymity. "We want to force the federal government to decide now."
Airbus declined to comment.

The German government has said it could not comment on any potential corporate compensation claims as a result of the Saudi arms export ban until any materialise.It was not immediately clear where in Germany or when any lawsuit would be filed.

In late March, Germany extended the ban on arms exports to Saudi Arabia until the end of September, with a few exceptions.The border system for Saudi Arabia consists of radars, drones and command posts for guards.


 "We are not talking about an offensive weapon here, but about a border security system," the source said.

Thursday, March 14, 2019

China's ban on 737 MAX spooks Boeing's hopes of $10 bn trade deal windfall

International News

China's move to ground Boeing Co's 737 MAX jetliners following the deadly Ethiopian Airlines crash has cast a shadow over the American planemaker's immediate hopes for a major jet order linked to a US-China trade deal, industry sources said.

Evidence of a major potential order for more than 100 jets worth well over $10 billion at list prices had risen in recent weeks as Washington and Beijing reported some progress in trade talks to resolve a months-long trade war.

Those expectations were fanned by signs of pent-up demand stemming not only from a drop in China's public purchases as the two sides descended into a tariff war, but also because China placed no private orders for Boeing aircraft in 2018, according to trade and industry sources familiar with the matter.

Now, those sources say it is uncertain how quickly China will be willing to give the 737 MAX the expected new endorsement after ordering its own airlines to stop flying the jet - though much could change as Ethiopian investigators assemble clues to the second deadly crash of the brand-new model in five months.

On Wednesday, the United States joined a wave of nations grounding the 737 MAX in the wake of Sunday's crash in Ethiopia, which killed all 157 people onboard. The planes will be grounded for weeks, U.S. lawmakers said on Thursday.


 Analysts said the crash has added uncertainty for America's largest exporter over sales to China."It is definitely on their list of concerns because China is Boeing's biggest single export market," Teal Group aerospace analyst Richard Aboulafia said...Read More