Epsom Hold 2 - the people who get off a transatlantic & go straight to a meeting are all those bods on the 09.00 United, AA & BA flights out of LHR which get into JFK at lunchtime & rush out of the terminal as fast as possible. Like myself.
Guvnor - seen this:
EADS Says A380 Jetliner Development on Schedule
Paris, Oct. 31 (Bloomberg) -- Airbus SAS's A380 is "already
a commercial success'' and there's no question within European
Aeronautic, Defense and Space Co. about whether to continue
funding development for the 550-seat plane, EADS said.
"There's no debate on the future of the A380,'' Chief
Executive Philippe Camus said in a faxed statement.
Camus' comments come in response to an article published in
French daily Le Monde that raised questions about the future of
the plane's development, said EADS spokesman Rainer Ohler.
BAA Plc, the biggest airport operator, also said that Airbus
may postpone the A380's introduction for a year, according to the
Independent newspaper. Airlines and airports are contending with
falling demand after last month's terrorist attacks in the U.S.
Carriers have announced more than 100,000 job cuts worldwide.
Deutsche Lufthansa AG last month delayed the order of as many
as 15 of the superjumbo jets, worth as much as $3.6 billion.
Le Monde yesterday reported that some analysts were "very
pessimistic'' about the introduction of the A380, slated for the
spring of 2006. The newspaper cited Schroder Salomon Smith Barney.
It also said that managers within EADS were arguing about the
plane's development.
"There have been no changes to the orders for the A380,''
Ohler said. "No change at all.''
EADS reiterated its commitment to the new aircraft even
though it has said Airbus will drop plans to increase aircraft
production and will cut expected plane deliveries for three years
following the terrorist attacks.
Airbus expects to win 100 orders for the A380 by early next
year. Airport operators will have to widen runways and build new
terminal accesses to accommodate the aircraft.
EADS shares recently rose 3 cents, or 0.2 percent, to 12.63
euros after earlier today falling as much as 4.2 percent.