shortly after the crash, airbus replaced the sensors on all its aircraft with a newer model.oday, investigators may 25 additional safety recommendations, including better training for pilots and better warning systems in the cockpit -- investigators made 25 additional safety recommendations. families still complain not enough emphasis is put on the technical failures. it will have serious applications for both air france and airbus, who now face judicial inquiries. >> for more on the findings of this investigation, i am joined by the former managing director of the national transportation safety board. is it possible that we could ever get to a situation where these crashes do not and cannot happen? >> air crashes are very rare to begin with. we have had an extraordinary run of safelight, but a crash like this really raises serious questions that go beyond the normal accident investigation -- we have had an extraordinary run of save -- safe flight. you have a very well-trained flight crew that suddenly cannot diagnose what is going on, and the aircraft is sending the multiple

everyone wants to know what airbus and boeing is saying.hat's the impression you're getting so far? >> they both think demand will stay strong despite what we're seeing in the economy in europe and questions about whether or not a slow down in the chinese economy will affect the overall strength or future strength of commercial air travel. the feeling from both boeing and airbus is that we're not in a bubble in terms of these orders received for narrow body planes it will continue and more importantly, guys, they think unlike the late '90s when they struggled managing profitability as production increased they think they can be profitable and grow profit margins as they increase their production schedules over the next couple of years. >> phil, i'm just looking at this story here out of greece about how they are selling airbus jets for $40 million. i think it's striking that this farnborough show is taking place. >> well, yes. you got problems with greece, problems with india. a lot of people are looking at the backlog of orders from india.

afterward, airbus and the european aviation authority demanded that at least two be swapped for moreeliable ones from another manufacturer. >> that chapter of the story is closed now for sure. there was a lot of pressure after the accident if not before it to switch out the instruments. i cannot imagine anyone in the world is still flying with those old sensors. >> but airbus' technology has hardly changed. the pilots were steering the craft to manually, but airline captains say the airbus is not fully protected from entry errors, in part due to the construction of the control. the design of the airbus 330 allows the pilot and co-pilot to give contradictory commands, which is exactly what happened on flight 447. >> pilots have been criticizing it for years, but airbus has not moved away from the concept, so it is possible to have one person still of words and the other downwards -- one person steer upwards and the other downwards. >> with up to 15-hour shifts, it is not always possible to stay alert. for that reason, pilots criticized investigators for discounting the role but he mig

airbus. the big european jet maker is wheels down in alabama, announcing plans today for its first u.s. factory. airbus executives were flanked by gulf coast politicians as they unveiled plans to build the narrow-body a-320 plane in mobile, alabama. the factory will cost $600 million, and add 1,000 jobs, doubling airbus' u.s. workforce by the year 2016. this is the company's second plant outside europe, the other one is in china. airbus' c.e.o. says no one should be surprised by today's announcement. >> airbus has indeed european roots, but we have long since grown, into a truly global company with key sites in every part of the world, and of course we are already right at home here, in the united states of america. >> susie: the a-320 is airbus' most popular plane and it's key to the company's strategy of competing u.s. rival boeing. >> susie: some legal wrangling overseas for apple today. first, italy. that country is threatening to shut down apple's italian operations, if the company doesn

european plane maker airbus is taking on bowling in its home market. >> airbus plans to invest $600 millions first assembly plant in the united states. >> factory in alabama will focus on the midrange a-320 model. airbus wants to begin producing 50 aircraft annually beginning in 2016. and wants to reduce its exposure to currency fluctuations since most plans are selling u.s. dollars. airbus hopes the move will give a better access to the u.s. military market. >> germany is looking to rapidly expand its investments in rapidly growing economies like brazil. >> and a key german-brazilian economic conference in frankfurt on monday, the head of the bdi lobby group emphasize germany's business commitment, but he added that there was increasing concern over some of brazil's economic policies. >> and some brazilian companies are equally concerned about the debt crisis here in europe. >> the 30th annual meeting is cause for celebration. but this year, the mood is subdued. brazilian entrepreneurs are worried about the impact of a widening eurozone crisis on their exports. in turn, the german business

boeing and airbus split the commercial plane market. this week, they duked it out for an edge, that neither really got. boeing's performance at farnbourough was up from last year, it logged orders or commitments for almost 400 aircraft, totaling more than $37 billion. at a similar event last year, it racked up $22 billion in orders. this year's tally includes 150 planes for united airlines. 100 of them will be boeing 737 max 9's, the company's most fuel efficient model. it helped boeing grab some market share back from airbus, who sold $72.2 billion worth of aircraft last year. this year, orders and commitments totaled almost $17 billion. >> the show, in total, was a lot smaller in commitments than last year's paris airshow. did we expect that? a little bit, i mean last year's order book was so strong at more than 2,000 aircraft between the two, that you would expect some falling off this year. >> reporter: worries about the global economy held orders back at this year's show, also, weighing, massive backlogs, the combined companies hav

airbus is going to be built -- see the plane there on the front? building this plane, the a320 down at that plant including the next generation fuel efficient version. there are 3293 and the time frame looks like this. production by 2015. the first delivery in 2016. once it's fully running by 2018, expect them to build 40 to 50 planes per year. here's the airbus ceo earlier today about the importance of choosing mobile. >> we've been talking about building aircraft here for many years, seven years, actually. and somehow the pieces never quite came together. but today, quite simply, the town is right. the talent is right. and the time is right. >> reporter: the time is right for eads investors. parents of airbus. take a look at the split of eads and boeing over six months. no comparison at all. used to trade pretty much in tandem. we are talking with him first on cnbc next hour on "street signs" about the implications of this move and why it is not just about commercial airplanes but defense contracts in the future. talking about that next hour. bac

there are only two major airliner manufacturers in the world, boeing and airbus. two have different cockpit designs and philosophies. the main difference? airbus uses side stick technology, boeing uses a yoke. >> this airplane, you have a big control wheel. it's right in front of both pilots. >> we sat down in a boeing 747 simulator to see the difference. >> they're mechanically linked. not independent. if i move mine, yours moves in unison. >> had he been pulling back in a boeing, how would it have looked? >> like this. >> my side it's in my lap. >> yes. >> row bare would have clearly known if this was happening in a boeing? >> i think it would be obvious. >>> airbus didn't respond to our requests for comment, however, they have never wavered in their public support of their cockpit design. at 2:10 a.m. after the autopilot disengaged the airbus continues to lose significant altitude as the captain reenters the cockpit and says what the hell are you doing? the least experienced pilot continues to hold back on his side stick but still doesn't seem to understand wha

airbus opening the first plant here in the states. creating jobs. we'll talk about why now is the time to km here? >>> a top mid cap stock stud of the first half. up 113% so far this year. we'll talk to the ceo of that company to see what's on tap for the second half. ♪ ♪ ♪ ♪ [ male announcer ] what's the point of an epa estimated 42 miles per gallon if the miles aren't interesting? the lexus ct hybrid. this is the pursuit of perfection. >>> please do stop me if you heard this one before. shares of rim we mentioned a moment ago, research in motion, yes, another new low. the stock dropped today to just over seven bucks a share. june of 2008, the stock irks since then, dropped more than 94%. well, there you go. at $7.50 and up today but nonetheless doing a bit of a tough time. >>> let's get out the seema mody and find out what's happening in the pharmaceutical state. there's a lot. >> that's right. this will be a big acquisition in the passion. bristol-myers with amylin of $5.3 billion and fees. it's the biggest acquisition for bristol-myers in about

have had the same disaster if this cockpit were a boeing instead of an airbus?ould have been much less likely to happen in a boeing because the control wheels are large. they're obvious. i think it could hardly have been missed. >> to help us break down and help us understand, cbs news aviation and safety expert captain sully sullenberger took us to an airbus similarity. >> full command. that's it right there. that's one little movement. >> that small movement on the airbus flight controls or side stick raises the nose of the plane and instructs it to climb. pilots rarely perform the maneuver at high altitudes because it can be very dangerous. that's exactly what one flight 447 pilot did. 2:05 a.m. when the a330 was flying through a storm system all three speed indicators stopped working. as a result the aircraft's autopilot turned off. with a captain on break, the two co-pilots were forced to fly the plane manually. the least experienced pilot, 32-year-old pierre was in the right seat and said i have the controls. co-pilot robert robert was in the left seat. ev

boeing is mopping the floor with airbus and airbus is going the way of europe which means straight intoblivion. next up who will win following the dictum of bob dylan and the times achanging? how about caterpillar? this is a company with a stock nothing short of horrendous. it was down 10% but retreated from $116 to $80. it had been given up for dead because of the global slow down. what happens if the cat chose not to show? that's what it seemed like after the magnificent quarter, a record. along with a guide up and the stock popped a buck and change. at one point it was up three dollars. cat is a glass half full company. it acknowledged weakness, but caterpillar said china -- and this is the first company i have heard say this. china could actually react positively to the stimulus that the government is injecting. the united states may be actually seeing a real turn in housing. more important is what cat didn't say, but i will say. listen, you negative nancys and gloom artists how much money we made in this awful moment. then start thinking about what happens if things get better. tal

the airbus a-330 flew into a storm at night. its speed sensors malfunctioned which caused the autopilot to shut off. the captain was on break in the main cabin and cockpit transcripts show the copilots became overwhelmed. the more junior one was actually flying the plane. the other copilot asked what is happening. i don't know, i don't know what is happening. the junior pilot caused a fatal mistake by twice pulling up on the plane's nose causing it to fly so slowly it was about to stall. they both ignored stall warnings that sounded 75 times in the cockpit. the more junior copilot said i don't have control of the airplane any more now. a minute and a half after the autopilot disengaged the captain finally returned it to the cockpit but he never took control of the plane. what are you doing, he asked? it was too late. three and a half minutes after the cockpit crisis began, the aircraft slammed belly first into the ocean. cbs news aviation and safety expert captain chesley sully sulenberger took us into an airbus simulator to hel

last year airbus made a splash.0 plane and this year boeing is announcing a couple deals for the 737 max? >> i can feel you're moving into deep waters, malveaux. careful here. >> i'm studies, for god's sake. tell me about this. >> careful. you don't know your neos. so, listen, every year, i mean, there's also the dubai show, there's the singapore. there are really two big ones. farn sw farnborough. they alternate biannually. what happens is all the airlines save up their orders and tend to be announced during this period. now, last year it was the narrow aisle, the a-320s, which is exactly not the plane you're looking at there. that is the mammoth a-380 super jumbo, the airbus. but the point is, so far this year at farnborough, it has been boeing that's been making the running, because they've been out with the 737 max and they seem to be selling like hot cakes. we had a big order yesterday from air lease, another big order today from the leasing companies. what does it all mean? it means that the airlines, particul

. >> reporter: year to date, boeing leads airbus in terms of orders and deliveries.st couple of years, airbus had the lead. the last five years it had the lead. this year, the coo says there clearly is a softness in the market. >> between boeing and airbus, over 8,000 firm aircraft in the backlog. we're both building under 1,200 airplanes a year so do the math. if we sold no aircraft, probably running production for seven years s flat out. >> reporter: while leading in terms of orders and deliveries, the stock trails the parent of airbus with the separation in the last six months comparing the stocks year over year. mandy, we saw the big order of boeing today. i don't think we'll see huge orders over the rest of the week. much tamer market compared to past years. back to you. >> understood. thank you very much for that. well the poll, should president obama extend the bush era tax cuts? you can go vote now. we'll show you the results later on in the hour. ty? >> thanks. >>> it is a merger monday. campbell's soup buying bolt high school houbolthouse farms. bolthouse m

this is only the second time that airbus has created manufacturing facility outside of europe. so good news for u.s. jobs. back to you. >> thank you, steve. the story of the south, european companies building factories in right to work states. still ahead on way too early. controversy brewing ahead of the all-star game. how this 2010 brawl between the cardinals and reds may leave two players being snubbed. who says vacations aren't competitive. we'll look at the romney family and a look who can hammer nails the pastest. don't go anywhere. get me up to 100 twitter followers by the end of the half hour. ♪ how are things on the west coast? ♪ ♪ i hear you... ♪ rocky mountain high ♪ rocky, rocky mountain high ♪ ♪ all my exes live in texas ♪ ♪ born on the bayou [ female announcer ] the perfect song for everywhere can be downloaded almost anywhere. ♪ i'm back, back in the new york groove ♪ [ male announcer ] the nation's largest 4g network. covering 2,000 more 4g cities and towns than verizon. rethink possible. wouldn't it be nice if there was an easier, less-expensive option than usi

in corporate news, airbus is expected to make a formal announcement it will open in mobile, alabama, expected to be a boom for that area because the $600 million plant which will make commercial jets will employ 4,000 to 5,000 people and 5,000 to 10,000 jobs expected to be added indirectly because of the opening. for airbus there is another reason it's opening in mobile, it's a strike at its rival boeing based in the u.s. because it could put it in a better position to win orders both on the commercial and defense side here in the u.s. and if you think that all stuffed animals are sweet and cuddly, think again, ted took the top spot at the box office over the weekend. i want to read this. the comedy which stars mark wahlberg took in $54.1 million, that set as record as the highest grossing opening weekend for an original non-sequeled r-rated comedy. sales projected to be 26 to $36 million. back to you. >> wow. what an opening. hopefully they put those teddy bears out for consumer purchase. i want one of those. >> not one you want to buy for your child. >> good point. >> the kind of t

the deal is a big win for boeing as it tries to catch up with airbus in sales of passenger aircraft. at last year's show, airbus filled more orders. >>> regulators say $220 million in customer funds are missing from the iowa brokerage peregrine financial group. a regulatory group has frozen the company's accounts and barred it from most trading activities. the investigation was launched monday after psg's founder and chairman, russell wasendorf sr. allegedly attempted suicide. >>> and americans used their credit cards more in may than any single month since 2007. the federal reserve says consumer borrowing rose by more than $17 billion from april to may, but overall credit card use is still below where it was just before the recession. and terrell, my credit card use usually is pretty much the same, high. >> i was going to say. you don't remember taking a few extra trips in may, maybe? >> you know, i'm not going to talk about it, for everyone. >> as long as it wasn't my credit card. right, yeah. ashley morrison here in new york. ashley, thank you so much. >>> coming up, your tuesday

. >> a massive airfrance airbus a-380 taxiing the runway crashes into it turning it about 45 degrees.round control receives word of the accident, they immediately dispatch emergency personnel. after moving both planes away from the crash site, crews work to clean up any debris on the runway. the cause is still being investigated. but the ntsb's preliminary report indicates the regional jet had to wait for another plane to depart before being able to taxi to its gate. while waiting, the jet's tail was hanging over the taxiway. additionally, the air france airbus a-380 is one of the largest commercial airliners in service today, with a total wingspan of 261 feet. while passengers on the 300-ton airbus report feeling only a slight rumble. >> airfrance thinks he may have hit somebody. >> the 56 people on the smaller comair bombardier feel a violent jolt. luckily, no one is injured. i think the takeaway from this show is, keep your seat belt on. i'm contessa brewer. that's all for this edition of "caught on camera."

the boeing versus airbus competition goes on. airbus just announcing it will open a plant in alabama. airbus, a european consortium that competes with the united states's biggest exporter, boeing, this will be the first airbus plant in the united states. alabama, a right-to-work state. there has been a long-running trade dispute between the two companies. boeing long-complaining that the european governments subsidize the product that comes out of the airbus assembly lines. now apparently one of those assembly lines is going to be in alabama. we'll keep you updated. jenna: 1,000 jobs, is that right? jon: that's what they say. jenna: that's pretty good. violent storms are causing major damage across the country and we have new video coming in from ohio to show you what it looks like this morning. the cleanup begins on uprooted trees and downed power lines and hundreds of thousands of people across the state are in the dark right now. some of them just got their electricity back when winds knocked it all out again. three people wer

airbus which is based in france just confirmed it's building its first u.s. factfactory, the $60 million plant in mobile, alabama. expected to start building jets three in years. the airbus deal will create 1,000 jobs. >>> dole is now recalling thousands of bags of salad that could be tainted. the fda found listeria in a random check of hearts of romaine salad, 2600 bags of salad with a use by date of june 26, found in the upper corner of the package, should now be thrown out. salads were sold in nine states in the east and southeast. no illnesses reported yet. >>> doctors gave her almost no chance of surviving, a georgia graduate student has left the hospital after a tough battle with flesh eating disease. despite losing her left leg, right foot and both hand. amy copeland was all smiles as the she headed for a rehab center. her father says she is ready for the next step in her miraculous recovery. >> she was in great spirits. she was jocular, she was, just, ribbing with her nurses and doctors. it was just really a fun time. she was all smiles. >> copeland i

the airbus a-330 heading into a thunderstorm. read air speed fail. they have iced up. abc's elizabeth vargas went to an a-330 flight simulator to re-create what happened next. >> the autopilot disconnects. >> the autopilot disconnects. [ beeping ] >> there is a warning. the aircraft is now in my control. >> reporter: now the plane is in the hands of the least experienced pilot on board. he mistakenly thinks the plane is nose down. so he pulls it up. precisely the wrong thing to do. the plane starts stalling. essentially stopping in midair. warnings go off. the two co-pilots call for the captain, six times. it takes him more than a minute to return to the cockpit. he finds utter confusion. eninsks? i don't know what's happening. the key pilot answers. the plane is plummeting at 120 miles an hour. but falling like a leaf, nose up, the 216 passengers may not have noticed what was happening because of the way the plane was descending. >> now we are going down, right. [ beeping ] >> stall, stall. >> reporter: in the cockpit, the co-pi

and that's what this -- and it's not a boeing or airbus, a fly by wire, or a manual.t's not a protections -- it's none of those issues. and i know some of your viewers will probably be saying, oh, it's all about airbus planes with their protections. it's not. this was about training of pilots, a culture in the cockpit and the way two first officers behaved with the captain, why a more senior officer didn't take back the controls. that's what this report's about. >> richard quest in london, thank you very much, richard. >>> taxes, penalties, and politics. why mitt romney's team is struggling to stay on message after the candidate and a member of his staff seemed to disagree on the health care mandate. man: there's a cattle guard, take a right. do you have any idea where you're going ? wherever the wind takes me. this is so off course. nature can surprise you sometimes... next time, you drive. next time, signal your turn. ...that's why we got a subaru. love wherever the road takes you. >>> good morning, everyone, i'm don lemon. let's give you a look at the top stories w

services for over $9 billion, after telling england's "independent" they expect boeing to pull ahead for airbus for a number of years. . the secluded red rock island in north san francisco bay listed earlier this year for $22 million can now be yours for the bargain basement price of only $5 million. >>> the cards walk off in a record tying victory at wimbledon and like the rest of us, major league baseball players and fans also met with mother nature's fury this weekend. your early morning sports headlines are straight ahead. >>> and speaking of mother nature, we'll check in on her plans for monday afternoon. you're watching "early today." >>> very good morning to you. if you're just waking up, this is "early today." in sports last night against archrivals in boston, the yankees finished off the first half of the major league season with the best record in baseball. here's nbc's bill seward with a look at all your sports headlines. >> hi, everybody. no better way to enter the all-star break than with the best rivalry in the game. yankees and red sox at fenway. new york clenched the best record