Good Week

Zodiac,

whose shares traded up almost a euro on the Paris-based Euronext stock exchange after strong full-year results showing "persistently solid organic growth". Aeronautical businesses experienced overall organic growth of 12.1%, while the cabin interiors segment almost doubled its operating profit to €97 million ($124 million), largely because of the acquisition of C&D Aerospace. Total sales for the aeronautics segment were €1.7 billion, up from €1.1 billion the year before.

 

British Airways,

which is facing the prospect of strike action after it announced that it had reached an agreement with pension trustees to curb its pension fund shortfall by injecting £800 million ($1.5 billion) into the fund, but also raising the retirement age and capping pension payout increases. UK union GMB is claiming that it was not consulted before the announcement was made, and is threatening to ballot its members for strike action if BA does not back down.

Bad week

"We got caught napping on the 787. Don't expect we're going to fall into that trap twice."

Airbus sales chief John Leahy on the schedule for the aircraft that will replace the best-selling A320

 

Leahy



Source: Flight International

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