Good Week

EADS
After plummeting following April's announcement of Airbus A380 delays, the European giant's share price is creeping up again. Last week's news of a major foray into India and reports that a Russian bank has bought a 5% stake in EADS have also helped jumpstart new interest in the company's shares. EADS wants to be the biggest Western partner in Russia's restructured aerospace industry - eyeing renewals of ageing airliner fleets and the country's technological expertise.

 

BAA
With criticism of its handling of the security scare ringing in its ears, BAA, operator of London's Heathrow, Gatwick and Stansted airports, is battling calls from airlines for it to be broken up. BAA argued last week in response to an Office of Fair Trading study launched in June that a more fragmented ownership structure would be a "poisonous cocktail" for consumers and risk investment. With the OFT due to report this year, BAA might do well to prepare for the worst.

Bad week

 

Quote of the week

"Here nothing is impossible. We look at why it's impossible and then work out how to make it happen."

Dubai Aerospace Enterprise founder Rashid Al Malik on the city state's can-do attitude to business

 

Al Malik

Source: Flight International

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