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Posted on 01/18/2007 3:48:58 PM PST by Proud_USA_Republican
PARIS -- The two-year delay to the Airbus A380 is proving costlier than expected, parent company EADS said Wednesday in a profit warning that sent shares lower as the aircraft maker confirmed it had lost its five-year lead in orders to The Boeing Co.
Airbus won orders for 824 airliners last year, the company said -- well short of both Boeing's 1,050 tally and its own industry record of 1,111 in 2005 -- but delivered 434 planes to its U.S.-based rival's 398.
Net orders in 2006, which take account of cancellations and conversions, came to 790 planes for Airbus, compared with Boeing's 1,044 -- reducing its share of orders by value to 38 percent, from 45 percent in 2005, based on catalog prices.
(Excerpt) Read more at seattlepi.nwsource.com ...
How do you know this? Are you in the business?
PING!
If you want on or off my aerospace ping list, please contact me by Freep mail.
This breaks my heart. Maybe Cessna will buy them out.
At the rate Airbust is going, they'll be lucky if Dick Rutan makes an offer.
LOL. If they ditch the French, Airbus might do OK.
Airbus blames the A380 delays on the complexity of installing 300 miles of wiring in each of the double-decker planes. The wires are bundled in harnesses strung through the aircraft, controlling in-flight entertainment, lights, air conditioning and the plane's operating systems. Airbus let customers customize the systems, making it harder to get the right wire in the right place.
They're still sticking to this story, even though it doesn't explain the freighter delay.
You mean Burt right?
Sure, why not?
If I enjoyed this any more, I'd need a cigarette.
Dick, not Burt. That's gotta hurt!
Hi my friend Paleo.
I think I told you this before but my wife was in charge of the final inspections on what they called "The Cobra" at AMP/TYCO. There are a lot of people flying in 737's today safely because of her and her team.
Freighter delay was caused german environmental wackos and the government not taking a strong enough stance against them. The assembly buildings and parts storage where final construction and flight testing was supposed to take place was close to a wetlands area.
The german government run by the vile socialist Schroeder at the time let the wackos halt construction while all these impact studies took place. At one point, the plant was over 12 months behind schedule. The runway had to be extended to handle the A380 and that got delayed as well. The factory still hasn't been completed and now that the french have seized more power in the Airbust executive ranks, they have said they might scrap the whole location and move all final assembly and flight testing to Toulouse, France.
Are the freighters assembled in a different location than the passenger versions?
LOLOL! MOU's!
Yes, assembly was to take place for the freighter in north Germany near Hamburg.
The passenger version in toulouse, France.
Parts manufacturing is usually spread amongst the countries depending on how much "launch aid" aka backdoor non-repayable loans, they provided.
example: The wings for the A380 were being built in England.
This is a prime example of why Airbust, run really as a job creation program for Europe, is such a mess. Where parts are made and assembled is based on what countries kicked in the most money and politics.
What could Airbus offer Rutan? Slow going, non-innovative design, socialist-plagued assembly plants? Rutan went into space on $30 million in a private venture in a few years -- he plays too fast, smart and cost-conscious to want anything to do with Airbus.
Poor Airbus. :)
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