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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.

The one, who runs short of personal cards often face losses in the form of loss of new business orders. Running out of business cards is the worst situation one can get in the commercial world.

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 …

The German group E. ON community service expects to eliminate nearly 11,000 jobs, or about 14% of its workforce, to reduce its costs after the Berlin decision to phase out nuclear by 2022.

This figure is at the top of the range between 9000-11000 items discussed by the group last August, when the announcement of a restructuring of its operations.

"In the present state of our preliminary assessments, the number of jobs to be eliminated will be in the top of the announced range from 9,000 to 11,000," said the world number one industry by turnover.

The German group had 79,457 employees at the end of September.

"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.

In particular, Allianz gained 5.6% after posting a quarterly operating results better than expected and have claimed to be able to face difficult market conditions.

Earlier this afternoon, the Italian Senate approved the law of financial stability, a set of austerity measures demanded by the European Union to help the country cope with the debt crisis. Council President Silvio Berlusconi has promised to resign and make way for an emergency government once the text approved by the lower house of parliament, which is scheduled Saturday.

"The Italian rates were down significantly today.

The main European stock markets have returned to equilibrium in mid-session, while Milan and Athens rose more sharply and a rally promises to Wall Street, in the hope that Italy and Greece are quickly new governments and implement the necessary reforms.

The CAC 40 index yielded 0.08% at 3072.60 points around 24:15, after having started losing more than 2%, while the Euro Stoxx 50 took 0.19% and Milan fell by 0.48%.

As part of its Treasury bill auction, Italy has sold five billion euros in vouchers to 12 months, with a yield of 6.09%, its highest level since September 1997, against 3.57% in its previous auction which took place October 11.

The Spaniard David Ferrer, seeded No. 3, qualified Saturday for the final of the Shanghai Masters 1000 at the expense of his compatriot Feliciano Lopez, a score of 6-7 (5) 6-3 6-3 .

Ferrer is a first Masters title in 1000, after his failures in the final in Rome in 2010 and in Monte Carlo this year against another of his countrymen, Rafael Nadal, world number one then.

For the title, it will face the winner of Sunday's second semi-final between Britain's Andy Murray, the fourth world and winner of the tournament in Bangkok and Tokyo over the past two weeks, the Japanese Kei Nishikori, who reached for the first time this stage of the competition in an event of this category.

The lack of unity of Europeans at the top in Poland worried the markets. The IMF refers to the default of Athens.

Divisions within the euro area and the lack of concrete progress on the issue have plunged Greece into turmoil Monday and world stock markets, maddened by the scenario of a default of Athens. A "delay" of continuing the privatization program in Greece can lead the country to "default" on its debt, warned Monday the Permanent Representative International Monetary Fund (IMF) in Greece, Bob Traa. And the meeting of European finance ministers on Friday and Saturday in Poland ended in failure.Divided, they postponed any decision on October the payment of a further tranche of 8 billion euros to Greece, which desperately needs the money to avoid bankruptcy.

"Once again, hopes for new policy initiatives to resolve the debt crisis in the eurozone were violently showered," lamented Jane Foley, analyst at Rabobank. Now, "the market is betting on a 98% default of Greece," said Phil Flynn, of PFG Best Research. The reaction of the stock exchanges Monday was unequivocal. At the close, Paris fell 3.00%, 3.17% of Milan, Frankfurt 2.83%, 2.03% in London.

European indices, once again, been sealed by the banks that would be the first victims of failing Greek. The Deutsche Bank dropped 4.54% and 4.11% Italian Intesa Sanpaolo. In France, Societe Generale won 6.70% and 5.48% of BNP Paribas.In New York, the Dow Jones lost 1.57% to 1600 GMT. The announcement by U.S. President Barack Obama plan to further reduce the deficit of 3.000 billion, financed half by an increase in taxes for the rich, did not produce any relief.

Teleconference postponed

Very worried, the markets awaited the outcome of a conference between the Greek government and the Troika representing the country's creditors, namely the European Commisson, the European Central Bank (ECB) and the IMF. First scheduled for mid-day, the conference was delayed about 16h, after the close of European stock. "The quarterly audit of the troika is decisive. If the IMF decides to exit the process, the risk of default of the country will be very large," said Cyril Regnat, an analyst at Natixis.

A default of Greece "is not a working hypothesis" in the euro area, however, assured the French minister of Finance Baroin. Greece must at all costs to demonstrate that it meets its budget commitments, the only way to obtain payment of the next round of international loans. "This is not a working hypothesis, it is not our strategy," he said on the sidelines of a meeting with his counterparts from the African franc zone in Paris. "Our strategy (…) is to operationalize the agreement of July 21" adopted by the euro area to come again in aid to Greece and strengthen the European bailout fund, he added. The Permanent Representative of IMF in Athens, Mr. Traa said Monday morning that additional budgetary savings will be "necessary".

"Privatization has been delayed from the program because politicians can not agree on how to proceed," he said in reference to the privatization program of 50 billion euros by 2015 that Greece is committed. "If you wait (…) the country will go to default," he warned.

"Conditions uncontrollable and painful"

Taking the worst estimates of Athens, he returned the country's return to growth in 2013, anticipating a recession of -5.5% in 2011, and -2.5% in 2012. Recognizing the gravity of the situation, the Greek Finance Minister Evangelos Venizelos said that the week opened "is a very difficult week for the country, for the euro area and for me."Athens announced on Sunday that it would conduct new cost-cutting measures in 2012 to reduce the public sector.

"We must now take historical decisions, otherwise we will have to take soon in uncontrollable and painful conditions," he said, referring to the threat of insolvency of the country. The minister made it a priority "respect for the objective for 2011," involving corrective action of 1.8 billion euros, to enable the country to continue to meet its commitments, including "a primary budget surplus in 2012" . Mr. Venizelos nevertheless felt that Athens should not be used as "scapegoats" facing the "lack of competence in managing the debt crisis" in the eurozone.

As a result of concerns around Greece, the euro Monday accentuated its decline against the dollar: towards 1600 GMT, the euro bought 1.3633 dollars against 1.3797 dollars on Friday night. The price of an ounce of gold fell 3%, investors withdrawing from the yellow metal to cover losses in other markets.

U.S. stocks opened higher Wednesday on hopes of resolving the debt crisis in the euro area.

In early trade, the Dow Jones gained 0.3% or 34 points, to 11,135.74 points, while the Standard & Poor's 500 advanced 0.44% or 5.18 points at 1178.05 and the Nasdaq Composite took 0.8% or 20.43 points to 2552.45 points.

The European Commission will soon propose options for the introduction of euro bonds, confirmed Wednesday the European Commission President José Manuel Barroso.

Values, Dell gained 1.9% after the announcement of a new program to repurchase shares representing five billion dollars.

Interparfums, which Tuesday reported a sharp increase in operating profitability in the first half, think revise upward its forecast for annual sales through the backlog of the new Burberry fragrance line launched this fall.

The designer perfumes under license for luxury brands like Lanvin, Van Cleef & Arpels (Richemont Group), Montblanc or Paul Smith, saw operating profit climb 21% to 26.0 million in the first half, for a record margin of 16%, against 14.3% a year earlier.

The company had already published its sales in late July, marked by a sharp slowdown in the second quarter due to lower sales of old lines of Burberry.

"The current order book of Burberry Body prompted us to significantly strengthen our media budgets on the end of the year, which should lead us to revise upwards our goal of annual sales," says CEO of the company, Philippe Benacin, said in a statement.

Interparfums had said in late July to build on annual sales of 350 million euros, after 306 million in 2010, with the launch of new fragrance called Burberry "Burberry Body".

This launch is crucial for Interparfums which carries more than half of its sales with the Tartan brand, generate significant advertising spending will weigh on profitability in the second half.

The stakes are high for Interparfums because the English brand of ready-to-wear, famous for its trench coats, intends to change the dimension in fragrance with a line she has high expectations.

Burberry has also, until the end of the year, an option to buy back its license, an event previously considered unlikely by management of Interparfums.

The company pursues a strategy of diversification, however, thanks to new licensing agreements signed with Jimmy Choo, Boucheron and Balmain, which allows him to ease the burden of Burberry in its turnover.

Net income rose 33% to 17 million euros.