Aircraft industry
A dramatic 54-hour standoff between an Islamic terrorist group and French authorities came to a violent end yesterday when police commandos, the GIGN unit, stormed a hijacked Air France Airbus in Marseille, killing four terrorists and freeing 170 hostages. The operation, described as "exemplary" by French Prime Minister
Aircraft industry
The hijacking crisis involving an Air France Airbus A300 in Algeria and subsequent events in France has come to a tragic end, with four hijackers killed and numerous casualties on both sides. The crisis, which lasted over 54 hours, ended with a military assault on the plane as it sat
Aerospace industry
The recent decision by Airbus Industrie to take on design, development, and production responsibility for the European Future Large Aircraft (FLA) is a critical turning point for British Aerospace (BAe). The preferential treatment of the American Lockheed C-130J by the Ministry of Defence, despite its off-the-shelf availability, poses a significant
Aerospace industry
Civil aircraft manufacturers, led by Airbus Industrie's senior partners, have warned that they will no longer support financially troubled airlines, citing finite balance sheets and declining investor confidence. Despite some encouraging signs in the market, including 76 new orders and 52 cancellations, the consortium expects to maintain a
Aircraft industry
Airbus Industrie, a partnership between Aerospatiale of France, British Aerospace, Deutsche Aerospace, and Casa of Spain, has announced plans to develop a super-jumbo airliner known as the A3XX, with the potential to carry 530-850 passengers. The move is seen as a response to growing air traffic and increasing environmental controls,
Aircraft industry
In a shocking move, Lockheed Martin, the new entity formed by the merger of Lockheed and Martin Marietta, has become the world's second-largest aerospace company, with combined sales of $22.51 billion in 1993. The merger will enable Lockheed Martin to compete more effectively with foreign companies that
Aircraft industry
Air Canada is replacing its fleet of 35 aging DC-9's with the A319 aircraft produced by Airbus Industrie, a move expected to save the carrier money and improve its operations. The deal, announced today, includes the purchase of 25 A319's and an option on an additional
Aircraft industry
Air Canada has made a historic decision, opting to purchase 25 passenger jets from European consortium Airbus Industrie for a deal valued at about $1 billion, leaving behind bids from other world manufacturers and their Canadian partners. This turn of events marks a significant shift in the airline's
