Nov 29

Bilderberg EADS CEO Tom Enders at work.

Flashback:

Bilderberg 2011 in St. Moritz: Airbus CEO Tom Enders & Peer Steinbrück (Photo)

Airbus at `Less Than Zero’ Value Still Loses Altitude


Thousands of German workers protest against EADS shake-up (Reuters, Nov 28, 2013):

More than 20,000 workers from European aerospace group EADS took to the streets in Germany on Thursday to protest against restructuring plans they fear could cost thousands of jobs.

Protests were held at about 30 sites, from the company’s Airbus factories near Hamburg in the north to its Eurofighter jet assembly plant in Bavaria’s Manching in the south.

“This has been a clear warning that the employees of EADS will not accept decisions made to their disadvantage and over their heads,” said Ruediger Luetjen, head of the company’s European works council and an IG Metall union representative.

1,000s of EADS workers demonstrate in Germany (PressTV, Nov 29, 2013):

Thousands of workers from European Aeronautic Defense and Space Company N.V. (EADS) have demonstrated in Germany against the company’s new restructuring plans that may lead to massive job losses.

The demonstrations took place in 30 EADS locations across the country on Thursday over the company’s plans to join its defense and space subsidiaries and to sell some of its operations next year, Reuters reported.

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Nov 03


Bilderberg 2011 in St. Moritz: Airbus CEO Tom Enders & Peer Steinbrück

(Since June 1, 2012 Tom Enders is the CEO of EADS.)

Germans have the great choice between Bilderg Merkel and Bilderberg Steinbrück in the upcoming elections. Good luck Germany!

Adelbert Delbrück (Wikipedia):

Gottlieb Adelbert Delbrück (* 16. Januar 1822 in Magdeburg; † 26. Mai 1890 in Kreuzlingen) war ein deutscher Unternehmer und Bankier. Er war einer der Gründer der Deutschen Bank.

Familie

Adelbert Delbrück gehörte zu der weit verzweigten Familie Delbrück, die im 19. Jahrhundert in Preußen und Deutschland einige einflussreiche Positionen innehatte. Sein Vater Gottlieb Delbrück (1777–1842) war Beamter in Magdeburg und Kurator der dortigen Universität. Sein Sohn Ludwig Delbrück (1860–1913) übernahm erfolgreich die Leitung der Bank Delbrück Leo & Co. Adelberts Vetter Rudolf von Delbrück war als Leiter des Reichskanzleramts enger Vertrauter Bismarcks.

Adelbert Delbrück war verheiratet mit Luise Jonas (1831-1922), einer Tochter von Ludwig Jonas; Paul Jonas war ihr Bruder.[1]

Peer Steinbrück – von 2002 bis 2005 Ministerpräsident des Landes Nordrhein-Westfalen, von 2005 bis 2009 Bundesminister der Finanzen und SPD-Kanzlerkandidat für die Bundestagswahl 2013ist ein Urgroßneffe des Bankgründers.


Bilderbergtreffen 2011 – Peer Steinbrück für 2013? – Kulturzeit


YouTube

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Aug 11

For Pilot in Stevens Crash, Flying Ran in the Family (New York Times)

Whatever problem the plane carrying former Senator Ted Stevens encountered before it crashed on Monday night, it was not pilot inexperience.

The pilot, Theron A. Smith, known as Terry, was a second-generation bush aviator and a 28-year veteran of Alaska Airlines, where fellow workers voted him a “Legend of Alaska” in 2001. He belonged to a flying family with a history of pioneering and of tragedy.

His father began flying in Alaska in the early 1940s. His wife, Terri Ellis Smith, a bush pilot herself, frequently co-piloted with him in their vintage Grumman. She is related to a founder of Ellis Air Lines, one of the carriers that merged to become Alaska Airlines.

And the Smith’s son-in-law, Maj. Aaron Malone, a pilot in the Alaska Air National Guard, was killed on July 28 in the crash of a C-17 cargo plane at Elmendorf Air Force Base in Anchorage. Three other airmen were also killed in the crash. Major Malone was married to the Smith’s daughter, Melanie.

Another child, Brian M. Smith, is a private pilot.

The plane that Terry Smith was flying on Monday, a single-engine DeHavilland DHC-3T, owned by GCI, an Alaska telecommunications provider, was not nearly big enough to need a cockpit voice recorder or a flight data recorder, so investigators will have to work without the “black boxes” to piece together what happened. And it was also flying in an area without radar coverage.


fomer-senator-ted-stevens
Former Senator Ted Stevens on Capitol Hill, September 27, 2008.

ANCHORAGE Alaska (Reuters) – Former Senator Ted Stevens, who for several years played a leading role in controlling the nation’s purse strings, died with four other people in a small plane crash in his home state of Alaska, officials said on Tuesday.

Four people survived Monday night’s crash near Bristol Bay in southwest Alaska. Among them was Sean O’Keefe, North American chief of European aerospace giant and Airbus maker EADS, and a former NASA Administrator who was a former aide and longtime friend of Stevens.

O’Keefe’s son, Kevin, also survived, the company said in a statement, but details of their condition were not disclosed.

Stevens, a gruff, hard-charging politician who rose to become chairman of the powerful Senate Appropriations Committee, served 40 years in the Senate, longer than any Republican, before losing a 2008 reelection bid amid a corruption scandal.

He had been convicted days before the election on charges of failing to report over $250,000 in home renovations and other gifts from an oil executive. The case was later thrown out because of prosecutorial misconduct, including the withholding of exculpatory evidence from defense lawyers.

Stevens and O’Keefe, 54 and who once worked for the senator on the Appropriations Committee, were on a fishing trip in a remote part of Alaska with other former Senate staff members and their children, according to one congressional source.

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Feb 22

The UK is broke, …

Britain At Risk Of Worse Government Debt Crisis Than Greece

… but there is always more than enough taxpayer money left for corporate pals, Big Brother and the New World Order.


The Government is funding new research aimed at getting permission to fly drones anywhere in Britain, in a move which could benefit defence companies BAE Systems, EADS and Thales but inflame civil liberty concerns.

Police aerial surveillance drone
Eye in the sky: a Merseyside police officer tests a remote control helicopter Photo: John Giles/PA Wire

The use of unmanned aircraft for surveillance hit the headlines last week, after Merseyside Police had to ground their drone when it was discovered they were using it without a licence.

But a government-funded European group is pushing ahead with work aimed at showing that drones, known as unmanned aerial vehicles (UAVs), can safely be used in civil airspace. Drones cannot be flown outside regulated areas at present because they are controlled remotely and do not have the ability to “see”.

The Civil Aviation Authority (CAA) must be satisfied the aircraft has the same ability as a piloted plane to spot unexpected obstacles and take action to avoid them, before they will be let loose above Britain. The CAA also restricts the use of drones for surveillance because of concerns about invasion of privacy.

The European Defence Agency has hired aerospace and defence group EADS to research how communication via satellites can be used “for the integration of unmanned aircraft systems into European airspace”, with the goal of starting demonstration missions next year.

The study aims to show that satellites are reliable enough to allow uninterrupted communication between the drone and the person piloting it remotely, giving the aircraft an adequate “sense and avoid” capability to make it safe to fly in built-up areas and to share the sky with other planes.

Drones are of interest to the military and the police as surveillance tools, and could be used by immigration authorities for patrolling Britain’s coastline. But concerns have been raised because the UK is already one of the most “watched” countries in Europe, with the proliferation of CCTV cameras. Continue reading »

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May 24

May 23 (Bloomberg) — Airbus SAS, the world’s largest commercial aircraft maker, is valued at “less than zero” after this year’s 32 percent drop in the shares of parent European Aeronautic, Defence & Space Co., according to Lehman Brothers Holdings Inc. analyst Joe Campbell.

“The market is viewing Airbus as a liability, rather than an asset,” said Campbell, 62, who is based in New York and has ranked among the top five aerospace analysts for six consecutive years in an Institutional Investor magazine poll.

EADS, based in Paris and Munich, on May 13 reported an additional three-month delay in deliveries of the A380 superjumbo jetliner, which was already two years behind schedule. Before the latest setback, the company had cut its profit forecast by $6 billion through 2010.

Airbus, based in Toulouse, France, is also six months to a year late on the A400M military transport. It has a 20 billion- euro ($31.4 billion) contract with six European governments and Turkey for 180 of the planes. Additional cost overruns and penalty payments may drain cash needed for the $16 billion expense of developing the Airbus A350, a long-range jet competing with Boeing Co.‘s 787 and 777.

A February 2007 recovery plan meant to help Airbus cope with a weakening dollar as it competes with Chicago-based Boeing for dominance of the $60 billion-a-year airliner market has stumbled. The planemaker sought in part to shift investment for new planes to subcontractors who would buy Airbus plants. It chose local companies in France and Germany that lacked the capital to shoulder the risk and the plan fell apart. Continue reading »

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Apr 19

Jean-Claude Juncker, the EU’s ‘Mr Euro’, has given the clearest warning to date that the world authorities may take action to halt the collapse of the dollar and undercut commodity speculation by hedge funds.


Jean-Claude Juncker, who is calling for Washington to
take steps to halt the slide of the dollar

Momentum traders have blithely ignored last week’s accord by the G7 powers, which described “sharp fluctuations in major currencies” as a threat to economic and financial stability. The euro has surged to fresh records this week, touching $1.5982 against the dollar and £0.8098 against sterling yesterday.

“I don’t have the impression that financial markets and other actors have correctly and entirely understood the message of the G7 meeting,” he said.

Mr Juncker, who doubles as Luxembourg premier and chair of eurozone financiers, told the Luxembourg press that he had been invited to the White House last week just before the G7 at the urgent request of President George Bush. The two leaders discussed the dangers of rising “protectionism” in Europe. Mr Juncker warned that matters could get out of hand unless America took steps to halt the slide in the dollar. Continue reading »

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Mar 30

Germany and other industrialized nations are desperately trying to brace themselves against the threat of a collapse of the global financial system. The crisis has now taken its toll on the German economy, where the weak dollar is putting jobs in jeopardy and the credit crunch is paralyzing many businesses.

trader1.jpgA trader reacts in front of the DAX board at the Frankfurt stock exchange.

The Bundesbank, Germany’s central bank, doesn’t like to see its employees working too late, and it expects even senior staff members to be headed home by 8 p.m. On weekends, employees seeking to escape the confines of their own homes are required to sign in at the front desk and are accompanied to their own desks by a security guard. Sensitive documents are kept in safes in many offices, and a portion of Germany’s gold reserves is stored behind meter-thick, reinforced concrete walls in the basement of a nearby building. In this environment, working overtime is considered a security risk.But the ordinary working day has been in disarray in recent weeks at the Bundesbank headquarters building, a gray, concrete box in Frankfurt’s Ginnheim neighborhood, where the crisis on international financial markets has many employees working late, even on weekends. Continue reading »

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