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BUSINESS BRIEFS.(A)
TRANSPORTATION
Airborne soars 20% on Q4 profit
The express-delivery firm earned 25 cents, well above last year's 5 and views for 6. Revenue rose 12% to $897 mil. Airborne cited a pickup in ground deliveries, cost cuts and lower fuel expenses. It sees a decline in air express volumes for '03.
Boeing lands order from Ryanair
The low-cost Irish airline ordered 22 Boeing jets worth more than $1.3 bil at book prices. Ryanair also took options to buy 78 more, which would give it the 2nd biggest 737 fleet after U.S. low-cost carrier Southwest Airlines. The total deal is valued at $4 bil. Boeing rose 0.93, or 3%, to 31.59.
** Lockheed Martin aims to finish negotiations with Poland on $6 bil worth of investments related to the sale of 48 F-16 jets by the end of this month.
US Airways restructures jet orders
- Fiat Auto reverses its outsourcing strategy.(News)
- Magazine article from: Automotive News February 9, 2004 700+ words
...Luca Ciferri Automotive News Europe Fiat Auto S.p.A. is reversing a decade-long...manufacturing process. In the last 14 months, Fiat Auto has retaken control of some customer...Fiat group service companies back into Fiat Auto. And it is negotiating with several...
- Fiat Auto restructures - again; Automaker plans biggest management overhaul in...
- Magazine article from: Automotive News Europe Ciferri, Luca August 23, 2004 700+ words
...Fiat group CEO Sergio Marchionne and Fiat Auto CEO Herbert Demel again postponed the target date for Fiat Auto's return to profitability. It is now...Demel announced another major overhaul of Fiat Auto's management structure, the second...
- Two ways GM could rescue Fiat Auto.(Cover Story)
- Magazine article from: Automotive News Europe Ciferri, Luca October 21, 2002 700+ words
...Automotive News Europe The future of Fiat Auto was supposed to be decided at Italian...Director Gabriele Galateri di Genola and Fiat Auto Managing Director Giancarlo Boschetti...Creation of a new company in which Fiat Auto and General Motors' Adam Opel operations...
- 2 ways GM could rescue Fiat Auto.
- Magazine article from: Automotive News Ciferri, Luca October 21, 2002 700+ words
Byline: Luca Ciferri The future of Fiat Auto was supposed to be decided at Italian...Director Gabriele Galateri di Genola and Fiat Auto Managing Director Giancarlo Boschetti...Creation of a new company in which Fiat Auto and General Motors' Adam Opel operations...
- Marchionne helps Demel fix Fiat Auto; Group CEO takes sales and dealers; a role...
- Magazine article from: Automotive News Europe Ciferri, Luca November 29, 2004 700+ words
...Luca Ciferri Instead of resigning, Fiat Auto CEO Herbert Demel is solidly in place...responsibility for vehicle sales and Fiat Auto's network development outside Italy...is now Maserati CEO, could soon join Fiat Auto to take over marketing and product portfolio...
- Fiat-GM alliance tops Demel's list; New Fiat Auto CEO also faces a...
- Magazine article from: Automotive News October 13, 2003 700+ words
...relations with General Motors when he becomes CEO of Fiat Auto on Nov. 15. Fiat Auto and GM are achieving significant savings by parts...but Fiat's right to force GM to buy all of Fiat Auto is unresolved. Demel, a 50-year-old mechanical...
- Troubled Fiat Auto gets an all-new look ; A structure that segregates Alfa...
- Magazine article from: Automotive News Europe Ciferri, Luca December 17, 2001 700+ words
...TURIN - Giancarlo Boschetti will divide Fiat Auto into four business units - an idea that...structure raises several questions for Fiat Auto's new managing director. For example...separate engine unit. Testore, who has run Fiat Auto since February 1996, resigned unexpectedly...
- Fiat Auto and Microsoft Team Up for a Long-Term Strategic Automotive...
- Press release article from: PR Newswire July 15, 2004 700+ words
...Innovative In-Vehicle Telematics Solutions Fiat Auto and Microsoft Corp.'s Automotive Business...vehicle telematics systems combines Fiat Auto's experience and research in telematics...offered by Fiat's bCONNECT. The joint Fiat Auto and Microsoft system will be based on...
