He started his journalism career in 1992 as a freelance writer for Sueddeutsche Zeitung, Germany’s largest daily national newspaper and soon specialised in air transport. Jens joined Aviation Week and Aviation Daily in 2000 as one of the European correspondents. Later his role was expanded to cover international air transport. In 2013 he was named Managing Editor Commercial.
Jens frequently appears on radio and TV to comment on industry matters. In 2003, he received the Hugo Junkers Award of the German aviation press for his coverage of Fairchild Dornier’s bankruptcy. He was named the country’s top travel and air transport writer by the Travel Industry Club three times. Jens graduated from the Munich School of Journalism.
EADS' board of directors yesterday reached an agreement on the Power 8 restructuring plan, a decision the company said was made unanimously. EADS had to postpone the Power 8 announcement, originally scheduled on Feb. 20, because of a difference in opinion between Co-CEOs Louis Gallois and Thomas Enders (DAILY, Feb. 21).
Airbus and EADS management are revising the details of the Power8 cost-cutting plan to overcome internal differences and formally inaugurate the program. But success may depend more on how EADS plans to unload burdensome facilities than on how it resolves boardroom disputes. Selling facilities to generate cash and streamline operations is a key element of Airbus's plan to remake itself. It is "genuinely too hard to judge," however, if the aircraft maker will present terms that could attract outside capital, says an aerospace venture capitalist.
Aeroflot plans to buy five used Airbus A330s to fill a short-term capacity gap in its long-haul fleet. The airline could add up to 15 A330s in the coming years, Deputy CEO Lew Koschljakow said in an interview. Aeroflot earlier said it wanted to buy 22 Boeing 787s and 22 A350s, but the Boeing deal appears to be shelved for the time being. The order for the A350 could still materialize in the next few months, but the aircraft will not be available until 2013 at the earliest. -JF
