Jim Rogers is sitting in his sleek, modern office on the 48th floor of the Duke Energy Center in Charlotte, North Carolina, explaining how, after a merger capped off by an 11th-hour management coup, he remains chief executive officer of the largest electric utility in the U.S. He wonders aloud whether to enliven the account with a metaphor about soured romance.
Airbus SAS Chief Executive Officer Fabrice Bregier said he’s sticking with a goal of flying the A350 jet mid-year and that it represents “a lower risk approach” than the Boeing Co. 787 grounded by U.S. regulators yesterday.
Airbus SAS said it’s working on a two-step fix of cracked wing brackets on its A380 that emerged during inspections and stem from a combination of manufacturing processes and materials used on the world’s biggest airliner.
Airbus SAS is putting stricter controls on how airlines can custom-design the cabins of A350 widebody planes after a multitude of requests for different interiors for the A380 led to cost overruns and delays.