Airbus CEO Thomas Enders stated there should be institutional protection for EADS from hostile takeovers, but he does not believe that the company needs the German state to be a shareholder to ensure such protection (Reuters, 13-Jun-2011). He also stated there does not need to be balance between state shareholders. German manufacturer Daimler is in talks for reducing its 15% share in EADS. The company also manages the 7.5% stake held by a consortium of banks. Earlier this year, German and French authorities confirmed they were in negotiations regarding EADS’ ownership structure. One option is the possibility of a “golden share” giving both countries veto rights over strategic issues. However, EADS is registered in the Netherlands, placing it under Dutch corporate law, which has no provision for golden shares.
Airbus: EADS should have strategic protection but does not need Germany as shareholder
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Taiwan's China Airlines considers Airbus order as a means to winning French traffic rights
China Airlines is weighing an order for Airbus aircraft that it expects will result in the French state granting traffic rights to allow China Airlines to fly to Paris, providing competition to China Airlines' local competitor EVA Air – the only nonstop operator on the route.
Since a 2016 government change in Taiwan, China Airlines – long a sleepy government airline – has shown greater interest in growth. However, Europe is not a strong market for the airline. In Paris there is opportunity to work with fellow SkyTeam member Air France. This potentially makes Paris less costly for China Airlines than its planned resumption of service to London.
China Airlines is once again planning a narrowbody order to replace and supplement its existing 737-800 fleet. The order will reflect how optimistic China Airlines is about the turbulent cross-strait market.
The A320neo is favoured, and it is unclear whether an order might also mean that China Airlines exercises its six options for the A350. China Airlines has received five of a 2008 order for 14 A350s. The correlation between Airbus aircraft orders and French traffic rights is sensitive, but this is hardly the first example. Taiwan and the US, home to Boeing, have an open skies agreement.
Airport pairs: Western Europe-US shows the value of open skies as routes and new entry proliferate
For Western Europe there is no bigger long haul market than North America. In terms of the number of airport pairs between the countries of Western Europe and long haul destination countries, connectivity to the United States dominates. There are more direct routes between Western Europe and the US than there are between Western Europe and the whole of Asia Pacific.
This report presents high level data on the numbers of airport pairs between each Western European country and the US and how these number have changed. EU-US liberalisation in 2008 has stimulated growth in the number of direct connections, although the global economic downturn impeded this for a while. However, the additional routes have not been spread evenly across Western European countries.
Since 2010, additional route numbers from Western Europe to the US have been greatest from the largest markets – the UK and the US – and from the smaller countries, particularly Ireland, Iceland and Norway. Countries in between, including France, Italy, Spain and the Netherlands, have hardly added any new US routes at all.