EADS CFO Hans-Peter Ring arrived in New York last week for meetings with institutional investors and analysts in the middle of a stock market meltdown. “Obviously the markets feel that there is [the threat of] a double-dip recession,” he says. But if that does happen, Ring is confident the company’s Airbus unit is prepared.

Efforts to establish the first carbon dioxide certification standard for aircraft are proving difficult, and the recent failure to agree on a metric for CO2 emissions risks delaying completion of the standard. Any delay could empower environmental groups already putting pressure on governments to regulate aircraft CO2 emissions in the absence of a global standard.

Korean Airlines could be leaning toward Los Angeles as the next market for its Airbus A380s, especially in this economy.

Twenty-two years after the fall of the Berlin Wall — the pivotal event marking the sunset of the USSR — former Soviet satellite states have emerged from the shadows to claim their place in the new Europe.

Boeing Chairman, President and CEO Jim McNerney has no illusions about capturing the spotlight at this year's Paris air show. That will likely shine on rival Airbus, which is expected to announce more orders for its re-engined A320 narrowbody, dubbed the NEO (new engine option). Shortly before he left for the Paris air show, McNerney sat down in his office at Boeing's Chicago headquarters with AW&ST Editor-in-Chief Anthony L. Velocci, Jr., and Senior Business Editor Joseph C.

Flight safety encompasses multiple aspects and requires lots of imagination to achieve further improvements. The latest event on April 11 at New York John F. Kennedy International Airport was much more than a minor taxiway incident. The nighttime collision—in which the left wing of an Air France A380 spun a small Comair Bombardier CRJ700 90 deg.—will certainly be carefully investigated as it could reveal a new form of “loss of vigilance.”

As new competitors enter the commercial aircraft market, Boeing and Airbus face big decisions about how to keep their products on the leading edge. Should they make incremental upgrades now, or wait until game-changing technologies are ready? Boeing Chairman, President and CEO Jim McNerney sat down at the company’s Chicago headquarters with AW&ST Senior Business Editor Joseph C. Anselmo to discuss the options the company is mulling and why he thinks China will become the industry’s next big power.

The subject of innovation is a passion of Boeing Chairman, President and CEO James McNerney. In a interview with AW&ST Editor-in-Chief Anthony L. Velocci, Jr., and Senior Business Editor Joseph C. Anselmo, he outlines his definition of innovation and explains why it is about much more than technical capability. AW&ST: What have you found to be the most meaningful measure of innovation?