Saturday, April 07, 2007

 

Vol-03/Issue-06/2007

Money matters more-02
World’s biggest passenger aircraft made its maiden flight
The new Airbus A-380 the world’s biggest passenger aircraft completed its maiden flight to New York on 19th March 2007 from Frankfurt Germany (German airline Lufthansa) and at the same time another A-380 touched Los Angeles International Airport operated by Australian airliner Qantas.
The pilot who flown the A-380 said that despite the jumbo size it is quick and responsive. He compared it to driving a truck or a bus and even compared it to driving Ferrari.
Airbus A-380 aircraft the 550 seat double-decker which has a wing span the length of a football field and 239 feet long can hold 309980 litres of fuel; cruise at 900 kph and fly14720 km.
The aircraft represents aviation of 21st century. Airbus industry hopes it will dominate air travel for the next two decades. The Airbus aircraft industry a European consortium now called EADS Airbus with a turnover of 26 billion Euros per year. Founded in the year 1970; contributed several Airbus aircrafts to civil aviation. So far it has delivered 4598 aircrafts.
Waiting in the wing is Boeing whose Boeing-747 jumbo jet has been world’s principal long haul aircraft since 30 years and now has competitor.
The Airbus which has been beset by management and financial problems including a two years delay of delivering A-380 aircraft that put the industry lass to the extent of $6.61 billion. Now Airbus has166 orders of A-380 aircrafts from 15 airlines. The Airbus restructures its industry by cutting 10000 jobs and spinning off or closing six of its European manufacturing plants and thereby slashes costs to 2 billion Euros annually.
The Dubai based Emirates Airlines has ordered 45 air crafts of Airbus A-380. An order worth of 10 billion Starlings (Rs.85000 crore).
Emirates Airlines also signed six years deal to showcase its airline with A-380 Airbus model for annual rent of 1.5 million Starlings (Rs.12.75 crore) at the gate way to Heathrow airport London. Here it is to be remembered since 16 years British Airways advertised concord model here and it decided not to renew the contract paving way to Emirates Airlines to advertise A-380.

Hindu 20th March 2007 page13
Sunday Times of India 1st April2007 page10
www.airbus.com/












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