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Airbus has received orders for aircraft Jan. 91, again dominated by the single-aisle A320 family which are largely due to sales performance record of the European aircraft manufacturer in 2011.

The EADS subsidiary, which recorded no cancellation last month, has garnered particular orders for 52 A320s and 32 A319, according to the monthly statement issued Monday.

The U.S. company Spirit Airlines confirmed last Wednesday an order for 75 A320s, valued at seven billion dollars (5.3 billion) at list prices, including 45 units of A320neo, improved version of the single-aisle Airbus flagship, which had already been recorded in 2011.

Airbus also recorded in January an order for 51 single-aisle aircraft from the Colombian company AviancaTaca. 

The company UAE Etihad Airways has on his side past the end of January a firm order for two A330-200F freighters.

Airbus has sold almost twice as many planes as Boeing in 2011, after winning his bet with a more fuel efficient version of its A320. European and delivered more planes than its U.S. rival for the ninth consecutive year, recognizing that it would have trouble keeping the commercial advantage in in 2012.

Airbus, which is 600 to 650 orders this year after a net total over 1,400 units in 2011, suggested that Boeing would win the race this year for the first time since 2006.

Airbus expects to deliver approximately 570 aircraft in 2012, of which 37 have already been delivered to customers in January.

Made in France is particularly popular in this pre-election period. For Adrien de Tricornot co-author of "Inevitable protectionism" is both inadequate and cons-productive for the country reindustrialise. Interview. But the tertiary sector of the labor market in France is also accompanied by a sharp drop in the industrial sector. Occupations exposed to international competition are the most exposed. Metallurgy and should lose, according to forecasts of CAS, 40 000 jobs. Made in France is particularly popular in this pre-election period. Almost all candidates have made a strategic focus of their program. Why?

In contact with opinion and their voters, candidates understand the concerns that cause deindustrialization. They are therefore obliged to provide answers, more or less satisfactory elsewhere. But behind this reaction a bit demagogic, candidates are especially becoming aware that the trade deficit is causing the budget deficit, and not vice versa. Clearly, that our problems are not related to excessive public spending but the growing industrialization of France. This is reassuring since the diagnosis is correct. Unfortunately the answers thereto are not up to par.

Why? Promote French production is not a good starting point?

This is both superficial and cons-productive. Superficial, because it does not respond to the initial problem: it's not a label or an annuity tricolor French product that we will reach reindustrialise France. Cons-productive or even dangerous, because it leads us to withdraw into ourselves when we are part of a package called the European Union. Our priority must be to bring together our models rather than opposing them. Or give the advantage to the Franco-French products require to ultimately recover from the borders between us and our European neighbors. Suffice to say that we would lose 50 years of progress and of European integration.

VAT Social Nicolas Sarkozy seem to you more able to answer the question of de-industrialization of France?

A tariff intelligent European borders seems a more appropriate response, although more difficult to implement. Anyway, create a social VAT at this time of unemployment and low growth seems particularly dangerous. Taxing consumption will lead to an immediate compression of demand, which is obviously not desirable. Conversely, the success of the device in terms of labor cost is far from clear. For the measurement to be as efficient as possible, it would take a broad base and a strong increase in VAT, which is the opposite of what the government proposes. Therefore, it seems wiser to focus on other ways to offset the decline in the cost burden as the increase in CSG for example, or the tax on financial transactions.

Germany has set up successfully …

It's time to stop with the myth of the German model. German competitiveness is not due to labor costs, but its strong specialization in heavy industry. Indeed, the country has managed to turn to high-end industry and is now enjoying growth in inequality in the world, by building machines from Chinese factories. Moreover, the German population is very different from its French neighbor, giving it the moment a comparative advantage. Anyway I think the comparison is irrelevant between the two countries. More generally, moreover, the manipulation of foreign models, often in politics, most often leads to an impoverishment of the economic debate. Remember when in the year 2000, Germany put Ireland and Britain on a pedestal …

In your book "Inevitable protectionism", you feel that the only answer to our competitiveness problem is protectionism, why?

For years, employment and value added of manufacturing French, European and U.S. are in freefall. For years, the growth of the financial system helped to hide this reality. The use of public and private debt indeed allowed to sustain growth. But the crisis of 2007 brought down the masks: after the financial bubble burst, it became impossible to restore growth. In a way or we must therefore find ways of production.

See also the discussion of Expansion: Is a new protectionism?

How?

The great ideology of free trade, still largely dominant, lulled us into the illusion that global competition could be pure and perfect, and it would lead to lower prices for people, and enrichment of the most poor. In reality, this never happened, and very quickly, new forms of protectionism (unfair) appeared. This is for example the case of the Chinese currency, now largely undervalued, and against which it is impossible to compete! It is also the case for taxation which allows some countries to attract the wealth of others. Faced with this terrible situation two possibilities: either we wait idly by our bankruptcy or they were countered by strong safeguards, but transparent and fair.

What concrete steps do you propose?

We propose to set up barriers at the borders of Europe and more generally to regionalize trade in coherent sets. The idea is to increase the price of imports from countries that do not meet a number of tax rules, social environment. At the social level, for example, one can imagine a system where we would tax the product if wage growth does not follow the increase in productivity. Thus, if the difference between the salary increase of Chinese textile worker and the average gain in productivity of the company is 15%, 15% tax on the product until the gap is not reduced. To avoid paying customs duties, the company's interest to raise wages. This can be transposed at the environmental level: all products whose manufacture has not met the criteria of the Kyoto Protocol for example could be taxed. To be completely concrete, we tried to do the math, a role for monetary dumping: on his arrival in Europe, a Chinese textiles would be taxed to the tune of at least 50%.

Europe seems you ready?

It will be long and complicated but not impossible. Especially Germany defends its interests tooth and nail, but is aware that she eminently need the euro area, the main destination of its exports. Moreover, in the European treaties, customs duties are primarily decided by qualified majority, which offers greater flexibility. However we are well aware that such measures will be implemented in a snap. It is only time to think, the risk that not only the political extremes seize the issue and distract.

Might there be not to antagonize our trading partners?

Today no one can move from Europe as a trading partner, nor the U.S. nor China, which have also not the same reservations that we resort to protectionism. Moreover, it seems that for some of our partners, our lack of reaction is analyzed almost as a sign of weakness and decadence of the West. That is why they will not be surprised to witness the awakening of Europe! When Barack Obama has increased tariffs on Chinese tires, it affected relations between the two countries for a time, and then exchanges came away with renewed vigor, as tariffs for that matter! That's why it's time to stop stigmatizing a priori protectionism, which is not comparable as such to the war or border closures as would have us believe the advocates of liberalism …

"Order intake for the third quarter of 2011 remained strong in an uncertain economic environment."

TF1, a subsidiary of Bouygues to 43%, but was lowered Thursday its forecast revenue for 2011 after the sharp deterioration in advertising revenue of its flagship channel in the third quarter, amid difficult market conditions.

"It's a bit early to talk about 2012, we are not advanced enough in the end of the year," he said during a teleconference Philippe Marien, Chief Financial Officer of Bouygues.

Toyota reported Tuesday a 32% drop in its quarterly earnings and abandoned its forecast for annual profit, the impact of floods in Thailand completing disrupt a production line that is not yet fully recovered from the earthquake March 11.

The Japanese automaker also suffers from the strong yen, beating down the profitability of some 1.5 million vehicles exported each year and makes it less competitive with neighboring South Korea's Hyundai Motor.

Despite the unfavorable foreign exchange, Toyota said it did not intend to reduce its cut production, saying instead that he wanted to increase the share of domestic sales in total sales to offset the effect of force the yen.

The builder was particularly affected by flooding in Thailand disaster that claimed more than 500 dead, like Honda, which also dropped its earnings forecasts.

The three assembly plants of Toyota in the country are at a standstill since October 10 and will remain so until at least November 12.

Faurecia announced Monday new medium-term financial goals with a turnover of 20 billion euros in 2015, growth should be driven by the dynamism of Asia and the demand for technologies to reduce greenhouse gas emissions.

The automotive world leader in exhaust systems owned 57.4% by the manufacturer PSA Peugeot Citroen, said the new goal was a 25% growth on sales estimated in 2011.

In late October, said the group had anticipated for the current year revenues from 15.7 to 15.9 billion euros.

"Faurecia is now (to) outperform three to four points growth in global automotive production," he said in a statement.

In his previous plan unveiled in June 2010, the equipment was a turnover of 16 billion euros in 2014 and an operating margin of 5-6% at the same horizon.

Values ​​to follow on Monday in the Paris Bourse, where the index was down 2% to 12.45, a victim of profit taking while waiting for details of the Europe Agreement concluded last week before the G20 in Cannes Thursday and Friday:

* GDF SUEZ losing 3.3%. Belgian political parties, who are negotiating the formation of a new government, have agreed to close Sunday on condition the two nuclear power plants still operating in the country. AREVA also lost 3.8%.

EDF indirectly affected by the decision of the holdings of rights "draw" directly on 8% of the capacity of central Belgium, and indirectly through its Belgian subsidiary SPE rights over 7%, loses 1.7% .The title had sold more than 5% Friday.

* Bank stocks weigh on the coast, especially hurt by profit taking in a climate of uncertainty about the implementation of the plan to resolve the crisis of sovereign debt in the euro area, as shown in the voltage levels Italian government bonds.

BNP Paribas lost 6.7%, 6.5% Societe Generale, Credit Agricole and Natixis 6.4% 5%. The European index yields 3.3%, one of the biggest declines sector with commodities (-3.4%).

* The CYCLIC are also victims of profit-taking, exacerbated by concerns over growth. ALSTOM lost 3.6% and 3.2% MICHELIN 53.930 euros, while Goldman Sachs cut its price target from 78 to 70 euros, while remaining "neutral" on value.

European shares opened up, consolidating their gains from yesterday, and moving towards their best monthly performance in 30 months in the hope of resolving the debt crisis.

In Paris the CAC 40 gained 0.34% (11 points) to 3380 points to 9.30. Renault jumped 4.8%, signing the second performance of the index the day after announcing record sales in the third quarter thanks to markets outside Europe and confirmed its objective of free cash flow and sales.

The FTSEurofirst 300 index of blue chips in Europe, which gained 10.6% since the beginning of the month, could register its biggest monthly increase since April 2009, although there is a decrease of 9% over the year.

The Stoxx European banking sector ahead 0.9% after jumping 8.9% the day before.The index remains down 23.5% over the year.

Credit Agricole and BNP Paribas are among the highest increases in the sector, gaining 4.3% and 3.8% on the Paris Bourse.

Exchanges could continue to rise next week in anticipation of the G20 summit on 3 and 4 November, Judge Edmund Shing, strategist at Barclays Capital actions, however, recommends that investors not to run after the market too aggressively.

"The next key event is held in just one week. Meanwhile, the shares can probably gain more ground," he said.

Wall Street opened little changed on Thursday, the concern surrounding the European crisis of debt weighing on a market already made nervous by the earnings season.

Fifteen minutes after opening, the Dow Jones gained 0.2% (25 points) at 11,527 points.The Standard & Poor's, largest, took 0.2% (2.5 points) to 1212 points while the Nasdaq composite fell by 0.1% (2 points) to 2601 points.

Information from the German newspaper Die Welt, the German government that does not exclude the possibility of postponing the second time the EU summit scheduled on Sunday, has cooled investor sentiment, eager for Europe to find a plan to end the crisis.

In the process, senior sources directly involved in the preparation of the summit said they were unaware of such a project report.

Reports that the European Financial Stability (EFSF) may redeem the bonds on the secondary market under certain conditions are not sufficient to fully reassure the market.

Investors also monitor closely the earnings season that stand out far subdued. Microsoft will release its results include after-hours trading.

Yahoo gained 2.3% after asking that applicants interested in a takeover bid does not communicate with each other, while the group is probably too big to swallow for a single company, with the possible exception of Microsoft, whose title was down 0.5%.

EBay is losing more than 4% after yet announced a quarterly revenue up 32% and net profit in line with expectations of financial analysts.

The weekly jobless claims fell slightly last week in the United States at 403,000 against 409,000 the previous week and 400,000 expected.

The head of the mission of the International Monetary Fund (IMF) in Greece said Friday that substantial progress had been made, adding that there were important issues to discuss.

Poul Thomsen said he hoped that the review of the situation in Athens ends soon, stressing that the time had not yet come.

"We're not yet at the stage of conclusion," he told reporters.

"I hope we will soon conclude on a positive note, but we're not there yet."

The French CMA CGM, the world number three container shipping, is considering moving to two billion dollars of orders at Chinese shipyards, where it is easier to obtain bank loans in Europe, the newspaper reported Friday Chinese Ta Kung Pao.

CMA CGM is in discussions with two major Chinese shipyards, State Shipbuilding (CSSC) and China Shipbuilding Industry (CSIC) in order to build 20 container ships with a capacity of 9,000 to 10,000 twenty-foot equivalent units (TEUs) the newspaper said, citing industry sources.

Bank of China's import-export plans to grant a loan to CMA CGM, Ta Kung Pao said.

The French group plans to commission the first five ships, with an option on the following fifteen, and have them built in Shanghai and Dalian for delivery from 2013.

CMA CGM, which was not immediately available to respond to this information, turned to Chinese shipyards after having been refused by those of South Korea, said one of the sources of the newspaper Chinese.

China's policy of supporting exports of electrical equipment and machinery, the products of the shipyards in competition with those of South Korea the world leader.

Groups of sea freight are penalized by an oversupply and high fuel costs in a context of fear for the world economy.

Due to the debt crisis in Europe, many banks are now refusing to finance continent this highly cyclical and impacted by the erosion of the price of transport.