He started his journalism career in 1992 as a freelance writer for Sueddeutsche Zeitung, Germany’s largest daily national newspaper and soon specialised in air transport. Jens joined Aviation Week and Aviation Daily in 2000 as one of the European correspondents. Later his role was expanded to cover international air transport. In 2013 he was named Managing Editor Commercial.
Jens frequently appears on radio and TV to comment on industry matters. In 2003, he received the Hugo Junkers Award of the German aviation press for his coverage of Fairchild Dornier’s bankruptcy. He was named the country’s top travel and air transport writer by the Travel Industry Club three times. Jens graduated from the Munich School of Journalism.
Air Berlin managed to make a year of great changes to the company into a financial success and posted a net profit of EUR50 million (US$65.91 million) in 2006, compared with a EUR116 million loss a year earlier.
EADS' board of directors yesterday reached an agreement on the Power 8 restructuring plan, a decision the company said was made unanimously. EADS had to postpone the Power 8 announcement, originally scheduled on Feb. 20, because of a difference in opinion between Co-CEOs Louis Gallois and Thomas Enders (DAILY, Feb. 21).
Airbus and EADS management are revising the details of the Power8 cost-cutting plan to overcome internal differences and formally inaugurate the program. But success may depend more on how EADS plans to unload burdensome facilities than on how it resolves boardroom disputes. Selling facilities to generate cash and streamline operations is a key element of Airbus's plan to remake itself. It is "genuinely too hard to judge," however, if the aircraft maker will present terms that could attract outside capital, says an aerospace venture capitalist.
