World News Insights
1-3 Minute Gist

Browse Articles or use Lyrarc's US patented "Groups" and "Links" for new insights. A Lyrarc Group of Articles on a topic gives insights into particular angles shown in the Group Title. A Lyrarc Link shows more specific insights for 2 articles.

All Topics Articles

LyrArc brings in selected articles from many of the world's top publications.

Articles are selected by experts and you can see the gist of the important articles.


The Guardian Original article ›
LyrArc Article Gist
Daniel Harding as LA Philharmonic conductor 2026 with parallel career as France Airbus pilot.  Having two rigorous careers is exceptional. Daniel Harding of Oxford, England, conducted the Swedish Philharmonic for many years. He now replaces Venezuelan conductor Gustavo Dudamel at LA Philharmonic. Gustavo Dudamel joins the NY Philharmonic as conductor. Of his career as pilot for Air France he says-

"[What] I love about going to work for Air France is that I put on my uniform … and I’m part of the team. And knowing another world, how other people work and having a completely different role is healthy. I’ve learned things about myself and conducting in a year that I didn’t learn in 29 years before as a conductor.”

WSJ Original article ›
LyrArc Article Gist
India makes the largest deal for commercial aircraft in aviation history by buying 470 planes from Airbus and Boeing. 250 Airbus jets and 220 Boeing airplanes. American Airlines ordered 460 planes in 2011. WSJ says based on list prices the Boeing orders is for $45.9 billion and the total order is for $85 billion. The White House announced the Boeing deal. The Airbus deal was announced by pm Modi and France's president Macron. The purchase was made by Air India. India is now the fastest growing aviation market in the world.

Airbus increased deliveries by 6%, and Boeing by 41% in 2022, as air travel and aircraft sales increased following the pandemic.

WSJ Original article ›
LyrArc Article Gist
Airbus boosts production of its widebody A350 jets from six to nine a month by 2025. The smaller 330neo will go from three to four a month. Both Airbus and Boeing have difficulties increasing production with an overstretched supply chain. Both airplane makers have late deliveries to customers. Boing is having problems increasing production of the 787 with the goal of making five a month shifted to the end of the year. The 777X aircraft the biggest to order is years behind in its development schedule.

WSJ Original article ›
LyrArc Article Gist
Airlines are not taking delivery of planes from Airbus and Boeing as travel on airlines remains restricted by a surge in the coronavirus cases in July 2020. Boeing delivered only 20 aircraft in the second quarter down from 90 in the same quarter in 2019. Airbus delivered 74 jets in the second quarter down from 227 in the prior year. This is straining finances for Airbus and Boeing. This affects suppliers such as engine maker GE. 

Wall Street Journal Original article ›
LyrArc Article Gist
This editorial in WSJ says the lesson for Airbus after failed bids to get U.S. government contracts was that public perception about EADS Airbus as a European manufacturer affected its prospects. The selection of Alabama for the $600 million plant shows the attractions of that state as a right-to-work state that offered the right incentives, not just for Airbus but also for Mercedes and Toyota which have manufacturing plants in the state.
Wall Street Journal Original article ›
LyrArc Article Gist
Airbus A380 superjumbo jetliner and the A400M military plane are facing cost overrruns and have fallen years behind schedule. Airbus has booked provisions for the A380 superjumbo of 240 million euros, and a provision booked for the A400M of 1.8 billion euros for cost overruns for 2009.
Reuters Original article ›
LyrArc Article Gist
Tata and Airbus will jointly make 56 C-295 aircraft in India for the Indian Air Force. 16 aircraft will be Made in India by 2025.

Wall Street Journal Original article ›
LyrArc Article Gist
Airbus is making the Airbus 380 superjumbo model plane about 25% slower than originally planned say Airbus executives. This is partly because manufacturing is sequenced between France and Germany. The way the production system for the A380 is organized today is to split work between the French and German operations. The plane structure is built in Toulouse, France, and the cabin and interiors are fitted together in Hamburg, Germany. Tom Williams, Airbus executive vice president for programs, says this slows the completion and increases the cost. On the A330 models the work on the interior is done along the way as the structural work is being done, and this reduces cost and speeds up completion. Part of the problem is the sensitivity of the issue of moving work for unions and governments, but he now plans to push the A380 cabin outfitting back up to the earlier stage when the airplane is being built. A slower production rate means workers and engineers are learning more slowly how to build these planes efficiently by structuring tasks in a certain way and using different production methods. Boeing has also experienced similiar production delays and is working on moving up the learning curve the way EADS Airbus is doing. The A380 program has suffered delays over the years. In 2009 wiring the cabins was a problem. In 2010 a Rolls Royce engine on a A380 flight by Quantas Airways blew up on a flight after takeoff from Singapore. Because of manufacturing issues there were delays in delivery of Rolls Royce engines in 2011. Bot problems were resolved. In 2012 Airbus has found cracks in metal parts inside A380 wings which has slowed output. Airbus has delivered 77 A380 planes since 2007. The production rate is 3 A380 planes a month, compared to plans to make 4 a month by 2012. About 30 A380's are expected to be delivered in 2012, compared to 26 in 2011, 18 in 2010....
Wall Street Journal Original article ›
LyrArc Article Gist
In an intervew with WSJ's David Pearson, Tom Enders, CEO of Airbus, points to the changes at Airbus after improvements in governance in 2012, leading to a smaller role for the governments of France and Germany. One is the shift away from Europe. Compared to 2004 when Airbus orders were 50% from Europe, this has dropped to 10% in 2014. Airbus is also staying away from a 623 million euros loan from Germany for the new Airbus A350 widebody jet, because of pressure from the German government to allocate work to German factories. The same policy will be followed in future programs to rely less on government support. Enders does not want to be tied down to certain workshare agreements imposed by governments with the loans. In 2012 Airbus reduced the role of the German and French governments with a large increase in the percentage of shares traded on stock markets. In the past the funding was critical for programs. Today Airbus has 9-10 billion euros on its books because of booming sales.
Wall Street Journal Original article ›
LyrArc Article Gist
Airbus announced a 6.1% increase in the price of its A320neo medium distance jets. Overall prices for Airbus aircraft were up 3.9% on average, according to the company's chief operating officer. The higher price increase on the A320neo reflects strong demand for the aircraft.

AMR Adds Airbus as Supplier

Wall Street Journal Original article ›
LyrArc Article Gist
AMR announces it will purchase 260 A320 planes from Airbus and 200 additional 737's from Boeing. This is the first order from Airbus since the 1980's. Airbus and Boeing have agreed to $13 billion in lease financing to fully cover 230 deliveries . AMR president Horton says financing has been arranged for all othe orders from 2013 to 2016 and for 80% of 2017. This is critical because AMR is still losing money. Its second quarter loss increased to $286 millon from $11 million the prior year. Total debt is at $17.1 billion on June 30, 2011 compared to $16.1 billon the prior year, and cash balance at $5.1 billion the same as prior year. The new order will help reduce fuel costs. They will use 35% less fuel per seat than the old MD-80 planes according to AMR CEO Arpey. The new engines on the aircraft deliveries of A320s and 737s in 2017 and 2018 will provide even more fuel efficiencies compared to the 737s and A320s for this model year. For this reason Standard &Poors says the large order and financial commitment by AMR does not affect its ratings. It said the order will result in an airline that is over time more profitable because of the fuel effiencies gained but also more heavily indebted. S&P estimates of fully adjusted debt are at $24 billon. For Boeing the order means a decision to go with a new engine 737 and not an all new model that would succeed the 737. The technology was there says Jim Albaugh, CEO of the Boeing commercial plane unit, but the production system was not clearly understood to get production to 60 planes a month and avoid delays. For Airbus the AMR order is a significant advance. Except for Southwest which has an all 737 fleet, AMR was the last holdout without any Airbus planes. And the decision by Boeing to stay with a new engine 737 means Airbus wil not have to worry about Boeing leapfrogging the A320neo, which is anew engine A320. ...
WSJ Original article ›
LyrArc Article Gist
2023 is the year of huge aviation orders. Some even say this may stave off a recession. Biden says this would create 1 million jobs in the US. Modi names about 10 American states that will benefit from India's growing civilian and military aircraft needs. The biggest order in aviation history was one of 500 single aisle planes from Airbus by India's Indigo Airlines. Before this order Air India made an order of 470 planes from Airbus and Boeing. Riyadh Air and the Saudi airline also place large orders. 

WSJ cautions that it takes 6 years for planes on order to be delivered. There are production and regulatory issues. Some of the orders can be pared down. One expert says it is a way to get in line for planes to be delivered by planning ahead as the Indians have done by foresight about rapidly growing demand.

Wall Street Journal Original article ›
LyrArc Article Gist
The 525 seat Airbus A380 launched in 2007 is expected to reach the breakeven point in 2015. Higher deliveries of the A380 led to a 41% decline in net profit for the 3rd quarter 2014. Production improvements on the A380 increased operating income by 14%. This will enable Airbus to benefit from the fuel efficient long range A350, which completed a maiden flight in the 3rd quarter 2014, with the first deliveries by the end of the year. The A320 neo also will add to profitability, as it is sold out to 2020, according to UBS. The A380 will be profitable by 2020, with more investment needed to upgrade the engine's fuel efficiency to compete with Boeing's competing version, the 777X. The uncertainty is reflected in Airbus share price, declining 8% in 2014 and trading at 5.7 times earnings before interest, tax, depreciation and amortization, compared to Boeing's 8.7, according to FactSet.
WSJ Original article ›
LyrArc Article Gist
Canada's Bombardier based in Montreal launched the C series in 2008 to develop aircraft to compete with Airbus 320neo and Boeing 737 MAX, narrow body commercial airplanes. After cost overruns and delays Bombardier has $9 billion of long term debt and its financial condition deteriorated to the point where it needed a $1 billion loan from Quebec government in 2015. About 40,000 workers in Quebec are in the aerospace industry. In 2018 Airbus acquired a 50.01% stake in the Cseries program to provide marketing muscle because sustainablility became a marketing issue in Bombardier's severely weakened financial condition resulting in weak sales. Quebec government holds 16%, Bombardier 34%. Now Bombardier is planning to sell its stake in the A220 jet program to Airbus to cut its debt. Airbus will cover $350 million in losses for 2020. It is also negotiating to sell its core jet division to Textron Inc. The ambitious strategy appears to have failed for Bombardier as Airbus takes control.     ...
Wall Street Journal Original article ›
LyrArc Article Gist
China's government is putting 10 Airbus orders for A380 superjumbo jets by Hong Kong Airlines, and an additional 35 Airbus A330 widebody planes on hold, in response to eforts by the European Union to enforce carbon dioxide emission fees under its ETS system.
Wall Street Journal Original article ›
LyrArc Article Gist
Airbus CEO Fabrice Bregier, says Airbus is set to double its profit margin by 2015 through improvements in efficiency and management. In 2012 EADS Airbus unit showed an operating profit margin of about 4% on sales of 39 billon euros, compared to Boeing commercial airplane division operating margin of 9.6% on sales of $49 billion. Under the 51 year old French engineer Airbus is redoing the way it makes planes, giving factory managers more freedom to make decisions, and bringing an "entrepreneurial spirit" to the company. Each plant is treated as a small business, and Bregier says the fact that the planes are complex does not mean that one needs to be complex in doing things. Airbus parent company EADS stock has risen by 50% in the past year with shares at 42.84 euros on June 14, 2013. The reduced stakes of the French government and Daimler AG in EADS has increased the amount of freely traded shares to 72% from 54%, increasing pressure from investors for better performance. Airbus has 150,000 employees and subcontractors and changing the culture in the organization is a difficult task. Bregier was chief operating officer for 5 years before assuming the CEO position in June 2012. ...
New York Times Original article ›
LyrArc Article Gist
The Airbus 350 maiden flight in Toulouse, France, on June 14, 2013.
Wall Street Journal Original article ›
LyrArc Article Gist
How the Airbus 380 project went astray and fell apart, and how it was put back on track. The story in some detail how the French and the German engineering groups in Toulouse and Hamburg failed to work together. How the German group was working with poor design software and simply fell behind, leading to the collapse of the program and the failure to put the wiring of the plane which extended for miles. 300 miles and 30,000 cables, something the Germans had never handled before. They had struggled with simpler versions of Airbus and now they were totally unprepared for this. A German engineer, Fuchs in Hamburg, worked closely with the French, transferring German engineering groups to Toulouse. French engineers in Toulouse were more advanced in the details of the work and in software design under French engineer Carcasses. The other problem that the Germans faced was that their individual engineering groups were poorly integrated and did not talk to each other, accelerating the collapse of the project. ...
Wall Street Journal Original article ›
LyrArc Article Gist
Airbus and Boeing learned a lot from the cost overruns, manufacturing delays, outsourcing issues and other problems in the development and manufacturing of the Dreamliner and the Airbus 350. This is changing the way the two companies approach manufacturing processes for newer complex models of planes.
New York Times Original article ›
LyrArc Article Gist
Airbus will be run by Louis Gallois as head of the management team with Thomas Enders reporting to him. Ruediger Grube becomes Chairman of EADS. He will oversee Gallois and Enders and the rest of the Airbus management team. The dual structure was considered inappropriate for a company in a competitive business environment and blamed for many of Airbus's recent problems. It has been taken out with Gallois now in charge of decisions and responsible for the running of the company. This was important to French president Sarkozy and agreement was achieved with Ms. Merkel, his German counterpart.
Wall Street Journal Original article ›
LyrArc Article Gist
Lufthansa and Etihad Airways have asked for permission to begin Airbus A380 flights into India. India is a major market for the A380 which can carry as many as 800 passengers in all economy seating. The Indian government is taking a new look at the A380 after earlier concerns of protecting domestic airlines. Etihad is planning on taking a 24% stake in domestic airline Jet Airways and the sector is being opened up to foreign competition.
Wall Street Journal Original article ›
LyrArc Article Gist
John Wojick of Boeing, John Leahy of Airbus, and the fierce competition for orders from customers at ANA, JAL, Lufthansa, American. JAL's decision to inclde Airbus in its orders with its order for 31 wide body A350's for $9.5 billion, was a disappointment for Wojick, who heads Boeing sales group. Wojick has focussed on protecting customer interests inside Boeing as the Dreamliner and other projects suffered manufacturing delays and safety issues. He has offered deeper discounts on planes and flexibility on delivery timing to defend Boeing's sales.
Wall Street Journal Original article ›
LyrArc Article Gist
Spotlights the shift to lighter materials and focus on fuel efficiency in the airplane industry. Henri Courpron, executive vp procurement at Airbus, says that it will double the use of titanium in the next 3 years to about 8 tons annuallyand will use most of it to make the A380 its largest plane. About 9% of the planned weight for the A350 (to compete with Boeing's 787 Dreamliner) will be titanium. Titanium prices have about doubled in past 18 months, about 100,000 tons are produced annually, with that going up to 150,000 in the next 5 yrars. Airbus finalized deals of $1.4 billion for supply to 2015 with RTI Internation Metals of Niles, Ohio, with a deal with Kamengorsk Titanium-Magnesium Plant of Kazakhstan to supply titanium ore. And a deal with OAO VSMPO-Avisma of Russia.
Wall Street Journal Original article ›
DW.COM Original article ›
LyrArc Article Gist
Airbus announces a $49 billion deal with Indigo Partners for the sale of 430 medium range A-320 aircraft. This is the biggest order ever for Airbus, allowing it to overtake Boeing in sales. Indigo partners owns Frontier Airlines and part of a Mexican airline.


Support LyrArc

We took a different way to help millions around the world build educated informed mindsets that affects and shapes their lives. For a future that is open, global and digital, with everyone having access to high quality information. We believe in the renewal of America, renewal of Europe, the renewal of India, the rest of Asia, Latin America and Africa. The renewal of our supply chains, health, education, infrastructure, as we rebuild our countries after the pandemic. Literacy and knowledge we believe cannot thrive and grow in a world of web bots, web crawlers, or AI. This requires human curiosity, human learning, and human imagination. We take as inspiration the saying- “One has to be free, and as broad as sky. One has to have a mind that is crystal clear, only then can truth shine in it.” Every contribution whether big or small is precious- in this crisis and ahead.

Support Lyrarc from as small as $1


Copyright © 2006 - 2026 Intelilinks LLC
Terms and Conditions | Copyright Policy | Privacy Policy | Contact Us