Airbus in the news

[simongr]

It might explain the losses though

 

[codash1099]

Airbus starts painting first A380 for Singapore Airlines
11 April 2007

Following timely completion of the cabin installation of the first A380 for Singapore Airlines, Airbus has started the paintwork on this aircraft. The A380 will stay about three weeks in the company's paint-shop in Hamburg/Germany. In addition to the actual painting, most of the other work in the paint-shop is cleaning, grinding, masking and unmasking the 3,100 square metres of surface of the A380.

About 3,600 liters of chromate-free paint is used for three layers of paint (primer, customer-paint, top-coat) for an A380. Only 600 to 1,000 kg of paint stays on the aircraft. Each layer is only measuring about 0.120 mm and is able to withstand differences in temperatures of about 100 degrees Celsius.

Airbus is applying the most modern and environmental friendly techniques for the A380 painting process. Electrostatic pistols are used to minimize paint mist. Used air is cleaned and washed through a multi-stage cleaning process to ensure that paint particles are disposed separately.

A380 launch customer Singapore Airlines is to take delivery of its first A380 in October this year.

 

[QF WP]

Airbus SAS, two years behind schedule on deliveries of the new 555-seat A380 airliner, is adding 1,000 employees at its Hamburg site to keep to the latest production deadlines...

 

[QF WP]

An Airbus A380 superjumbo lands in New Delhi, marking the first time the giant jet has flown to India...

 

[QF WP]

Emirates airline has ordered four more Airbus A380 superjumbos, despite production delays to the project...

 

[QF WP]

Airbus parent EADS said on Thursday first-quarter operating profit plunged after it took a E688 million ($US931.3 million) provision at the planemaker as part of its Power8 restructuring program...

 

[QF WP]

New French President, Nicolas Sarkozy, has raised the prospect of state aid for Airbus, but said he eventually plans to sell the government's stake...

 

[QF WP]

Airbus has announced a rise in prices across its range of aircraft, blaming rising metals prices and the weakness of the US dollar....

 

[v8Statesman]

Airbus has announced a rise in prices across its range of aircraft, blaming rising metals prices and the weakness of the US dollar....

Wouldn't they be selling them in Euros???

 

[codash1099]

Wouldn't they be selling them in Euros???

No. US Dollars is the standard currency for aircraft purchases.

 

[NM]

No. US Dollars is the standard currency for aircraft purchases.

But most of their costs are in Euros, so its really hurting them at the moment.

 

[codash1099]

But most of their costs are in Euros, so its really hurting them at the moment.

Probably a bit of a line ball. Engines are probably traded in US dollars, prices of most raw materials are US dollar based, and with a/c prices in US dollars, the profit component (assuming there is one ) would suffer when converted to euros. What % of overall cost is $ based I'm not prepared to guess, but it would be significant.

 

[v8Statesman]

What % of overall cost is $ based I'm not prepared to guess, but it would be significant.

Would it? I would assume most of the cost in an Aircraft would be trying to recover R&D. Surly that was spent in Euros. You also have labour (I would also assume paid in Euros)

 

[codash1099]

Would it? I would assume most of the cost in an Aircraft would be trying to recover R&D. Surly that was spent in Euros. You also have labour (I would also assume paid in Euros)

Development costs are amortised over the first x aircraft - I think something like 200. These costs are recovered in $US in the selling price and they would therefore lose on conversion to Euros. So even though spent in Euros originally, there is a distinct effect due to exchange rates.

 

[Dave Noble]

Airbus reviewing A380 delivery schedule

European plane maker Airbus is reviewing the delivery schedule of its flagship A380 superjumbo jet and its most important client Emirates said it had been told to expect new delays.

Airbus chief executive Thomas Enders said he was running "a major review" of the A380 production programme, which has already suffered three delays and generated billion of dollars in cost overruns.

Full article at Airbus reviewing A380 delivery schedule: CEO - News - Travel - smh.com.au

Dave

 

[Shano]

Re: Airbus reviewing A380 delivery schedule

More here from The Australian

QANTAS says it has yet to be told of any further production delays affecting the delivery of its double-decker A380s, despite speculation that more announcements are on their way from European manufacturer Airbus.

The carrier confirmed yesterday it had received a letter from Airbus chief executive Tom Enders telling it that a review of the program was under way.

"We've heard these rumours as well. The CEO of Airbus has written to us and said they are conducting a review but no one has told us anything about a delay," Qantas chief financial officer Peter Gregg said yesterday.

Singapore Airlines, the only carrier already flying A380s, also said it had not been told of further delays.

more.....

 

[Keith009]

Airbus Confirms Fresh A380 delays

Out of 13 aircraft to have been delivered this year, Airbus will deliver 12. In 2009, it will only deliver 21 of the 25 planes that had been scheduled for its customers.

http://www.theaustralian.news.com.au/story/0,25197,23692306-23349,00.html

 

[QF WP]

Improved Airbus results send its parent company EADS into profit in the first three months of the year....

 

[JohnK]

Re: Airbus Confirms Fresh A380 delays

You have to feel for EADS/Airbus as some of the production delays are not directly related to them. I hope they work things out and production is not delayed further.

 

[QF WP]

Airbus SAS, the world's largest planemaker, said orders for its A380 superjumbo jet may be one-third lower than previously predicted this year as higher fuel costs and an economic slowdown dent demand for travel....