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Aircraft suppliers Rockwell Collins and Goodrich said on Thursday they could gain new business as a result of this week’s announcement that EADS unit Airbus would upgrade its A320 plane with better engines that offer 15 percent fuel savings.
Airbus, the world’s largest plane maker, said it would spend roughly $1.3 billion to improve efficiency of the narrowbody aircraft. Its main rival Boeing is also mulling whether to upgrade its competing 737 plane. Get the full story »
From Crain’s Chicago Business | Anne Sempowski Ward, president and chief operating officer of Johnson Publishing Co., publisher of Ebony and Jet magazines, is stepping down. The move has prompted speculation that former White House social secretary Desiree Rogers, recently named a consultant to Johnson Publishing, may be in line for the job.
