Interesting !Marcel Dassault was Jewish
I know He was Jewish, but I've never made the relation between the two facts.
Interesting !Marcel Dassault was Jewish
Didn't Dassaul Pere convert to Christianity ? @Picdelamirand-oilInteresting !
I know He was Jewish, but I've never made the relation between the two facts.
Jewish and deported to concentration camps, and the state of Israel was created at the end of World War II in compensation for the Shoah.Interesting !
I know He was Jewish, but I've never made the relation between the two facts.
Yes and he changes his name at that time too, he chooses to be as French as possible. But it doen't change emotions.Didn't Dassaul Pere convert to Christianity ? @Picdelamirand-oil
Wikipedia and some other sources confirm it.
Troubles At Rolls-Royce Provoke Speculation About Its Future
Of all the large commercial aircraft and engine OEMs ranked in a new customer satisfaction survey by the Aviation Week Network and AeroDynamic Advisory, one sticks out in a very bad way: Rolls-Royce.
According to the 2018 Air Transport Aftermarket Customer Satisfaction Survey, Britain’s crown jewel of aerospace manufacturing ranked worst, with an overall score of just 6.6 on a 0-10 scale. Rolls paled in comparison to CFM International (7.2), GE Aviation and United Technologies Corp.’s Pratt & Whitney (7.0 each), let alone aircraft OEMs, which saw scores ranging from Bombardier’s category low 6.9 to Boeing’s best-of-survey 7.8.
What may be worse for Rolls is how it fared on so-called net promoter scores (NPS). The scores were created by legendary consultant Fred Reicheld at Bain & Co. to illustrate how satisfied or loyal a customer is to a product or service. NPS run from -100 to 100, with any percentage above zero essentially being positive—meaning more people would recommend a company’s product or service than not. Fifty is considered “good,” while 60-70 is “world class.” Among the eight big OEMs, Rolls looks like it fell off a cliff at -24%
Followers of the beleaguered British engine maker may not be surprised, considering the onslaught of bad news lately. On July 6, Rolls announced the sale of its Commercial Marine business to Kongsberg for £500 million ($662 million), its latest divestiture as the company rolls into its third year of restructuring under CEO Warren East.
On June 14, the company disclosed it will cut 4,600 jobs over the next two years in a bid to save £400 million a year. The cutbacks are part of an effort to become more streamlined, cost-effective, nimble and innovative, executives say. The layoffs came six months after the company announced a restructuring of its business units—forming three divisions: Civil Aerospace, Power Systems and Defense—and the thinning of upper management. Higher cash-flow targets also were outlined.
Still, there are the issues with the Trent 1000 engine that have grounded Boeing 787s and caused airlines worldwide to adjust schedules and find new capacity. Redesign of the problem components—the blades of the intermediate-pressure (IP) compressor rotor—has begun. They have been wearing out faster than expected. But repairing all the engines in service could take years.
The latest headlines may recall the early 1970s, when Rolls went bankrupt, partly due to the RB-211 engine, and was nationalized by the British government. While all the major commercial engine companies are having some level of problems with some products, Rolls is the only one laying off and restructuring amid the greatest “supercycle” boom ever in air transport orders.
Financial observers are busy trying to figure out what it all means for Rolls. Many say the extensive overhaul, a first for Rolls, raises questions, and so do the stated cash goals’ achievability.
“New targets are a positive step forward, but we are cautious of challenges of execution,” Sanford C. Bernstein analysts said June 23.
Moody’s Investors Service said June 25 that East likely has “established the foundations for fundamental change” and that Rolls should be able to reach its 2018 free cash-flow guidance, putting it on course for steady increases to £1-1.2 billion by 2020. But the company cannot afford missteps. “There is very limited room for further underperformance, including additional losses or lower cash flows due to engine issues or additional restructuring measures,” Moody’s says.
Recently, far more stable companies have fallen to shareholder activism and are responding to divestiture pressures, namely GE and UTC, and merger and acquisition activity should remain hot for 12-24 months. To wit, there has been speculation of a Rolls-Pratt tie-up for decades. It is not clear London would allow such a deal, but stranger things have been happening of late.
“Let’s face it, five years ago, no one expected Donald Trump to be U.S. president or the UK to leave the EU,” Vertical Research Partners said June 15. “Although the mix shift from OEM to aftermarket at Rolls should still progress, an aerospace downcycle could shake things up, particularly if mature Rolls-powered 777 classics, A340s and A330s are abruptly yanked from service. As we’ve recently seen with the Trent 1000, ‘stuff happens,’ and management’s move to radically overhaul the structure and culture of the company is not without risk.”
Note the analysts: “A lot can happen in five years.”
If I remember correctly didnt Israel steal the plans from West Germany by bribing some swiss national?Marcel Dassault was Jewish
Don't give up your day job.Now this is the kind of truly forward looking project an advanced country needs. A technological leap like the Apollo missions gave Americans a lead for generations. Through this project Britain will bring in latest technologies like ms paint, ms photoshop, adobe image editor and movie maker software. Entire generations of publicists, digital designers and visual artists can be trained at the highest level to make them the best in the world.
That German-French JV looks better than this project.So Europe now has two next gen aircraft in the works. That's good. I guess the Swedes will follow soon enough.
That German-French JV looks better than this project.
The UK initiative is just a political move. or, as the LM mood, a marketing move.That German-French JV looks better than this project.