Monday, May 27, 2013

ANA Resumes Dreamliner Service;Ford Australia Closes Plants

Boeing's major customer for the new 787 Dreamliner has resumed flights of the aircraft after a four month suspension for safety reasons.All Nippon Airways completed the first of five May flights with the 787 Sunday after extensive battery modifications and testing.Full service will resume on June 1.
United and Ethiopian Airlines had already restarted Dreamliner service.
The ultra-modern aircraft was grounded in January after both ANA and Japan Airlines 787s experienced battery fires.ANA owns the most 787s of any airline:16,with 36 more on order.
All Nippon CEO Osamu Shinobe said the airline did its own testing in addition to the FAA's evaluation of the modifications.It is a game-changing aircraft in terms of the environment,efficiency and passenger comfort,Mr Shinobe pointed out.
Ford Australia is closing its two manufacturing plants in Victoria state,citing high costs,declining sales and a strong Australian dollar.The plants will be shuttered in October 2016,resulting in the loss of 1200 jobs.Ford has been in Australia since 1925.
Ford Australia CEO Bob Graziano said manufacturing is not viable for Ford in Australia,where its costs are double those in Europe,and nearly four times costs in Asia.Ford Australia has lost 581 million dollars/A 600 million in the last five years.
Australians have been turning to compact cars by overseas carmakers such as Mazda and Hyundai recently.
As well,the strong Australian dollar makes it hard for manufacturers in the country to compete globally,at a time when the Labour government is looking to manufacturing to take up some of the slack from falling mining revenue.
All Nippon Airways(Tokyo:9202),Ford Motor Company(F),Boeing(BA)

No comments: