Nick Cunningham

Airbus Sets A350 Flight Date as Boeing Rivalry Sharpens

Airbus SAS’s new A350 plane is scheduled to perform its maiden flight in two days’ time, as the European manufacturer seeks to gain a larger slice of the lucrative wide-body market still dominated by Boeing Co.

Airbus A350’s Paint Job Points to Paris-Show Blow for Boeing

Airbus SAS engineers are working 13- hour days to get the company’s latest A350 plane off the ground in time to scoop the headlines at next month’s Paris air show.

Rolls-Royce Plane-Engine Failure Costs to Exceed $80 Million, Analyst Says

Rolls-Royce Plc faces costs and penalties of more than the 50 million pounds ($80 million) to fix its Trent 900 engine that blew up on an Airbus SAS A380 operated by Qantas Airways Ltd., according to Nick Cunningham of Agency Partners.

BAE Annus Horribilis Capped by Earnings Missing Targets

BAE Systems Plc, Europe’s largest arms maker, is set to report an earnings drop for 2012, capping a year marred by missed profit targets and a failed merger with the parent company of Airbus SAS.

Airbus Probes Rolls-Royce Engine Explosion on Qantas A380

Airbus SAS and Rolls-Royce Group Plc began investigating why an engine on a Qantas Airways Ltd. A380 superjumbo exploded in mid flight, forcing an emergency landing in the worst incident since the aircraft began service in 2007.

BAE Seeks Work on Boeing 737 as Defense Budgets Shrink

BAE Systems Plc, Europe’s biggest defense company, is chasing a contract to supply flight-control gear to Boeing Co.’s 737 Max jetliner as it seeks to boost civil sales amid declining military spending in the U.K. and U.S.

BAE Plans $1.52 Billion Buyback as Profit Beats Views

BAE Systems Plc, Europe’s largest arms maker, said it will buy back shares worth as much as 1 billion pounds ($1.5 billion) over three years after demand outside the U.S. and the U.K. helped swell its cash reserves.

EADS Chief Rebounds From BAE Flop as State Influence Ebbs

European Aeronautic, Defence & Space Co. Chief Executive Officer Tom Enders made no secret in October of his scorn for Germany killing a merger with BAE Systems Plc. Two months later, he’s welcoming the country as an investor.

EADS Loss of U.S. Tanker Deal Threatens Plan to Reduce Airbus Jet Exposure

European Aeronautic, Defence & Space Co. ’s rejection for a $35 billion U.S. tanker contract threatens its goal to cut reliance on commercial aircraft and may force it to seek acquisitions at home to build up defense operations.

Boeing’s Dreamliner Makes First Flight as ANA Touts Bigger Cabin, Windows

Boeing Co.’s 787 started its first commercial flight today, ending more than three years of delays, with operator All Nippon Airways Co. saying a wider cabin and bigger windows will help give customers a more comfortable ride.

"It's a great coup de theatre."

- Nick Cunningham on Jun 11, 2013

London

France

Saudi Arabia

Europe

Stocks Rise While Yen Declines Before FOMC; Corn Drops

Boeing Bets on Jumbo Rebound While Some 747-8s in Desert

Friendships Die Hard for Hezbollah Angering Gulf Over Syria

Airbus Said to Win A380 Order Over $4B From Doric Asset

Li Ka-shing Pays $1.3 Billion for Dutch Waste Processor