Leelaw From , joined Dec 1969, posts, RR:
Reply 6, posted (7 years 6 months 2 weeks 3 days 23 hours ago) and read 9931 times:
"Airbus Seen Losing 5-Yr Leadership In Annual Orders"
Quote: PARIS (AP)--Airbus, which this time last year defied expectations that it had fallen behind Boeing Co. by unveiling a glut of new orders, looks unlikely to pull off the same coup when it announces 2006 figures on Wednesday...
...Airbus warned last month that its share of overall airliner orders placed in 2006 would be about 36% by catalog value - down from 45% a year earlier and 54% in 2004...
...Beyond Wednesday's order and delivery figures, investors are keenly awaiting details of a promised restructuring program. The euro's strength has also hurt profitability at Airbus - which pays most of its costs in euros but bills customers in dollars - and its exposure is set to worsen as currency hedges expire in coming years.
Investors are also waiting on information surrounding the promised "Power8" restructuring program...
PanAm_DC10 From Australia, joined Aug 2000, 4118 posts, RR: 90
Reply 8, posted (7 years 6 months 2 weeks 3 days 13 hours ago) and read 9552 times:
AIRLINERS.NET CREW COMMUNITY MANAGER
They will also be discussing the 2006 earning results for Airbus too;
Quoting Leelaw (Reply 6): Beyond Wednesday's order and delivery figures, investors are keenly awaiting details of a promised restructuring program.
EADS are now reporting the impact of Airbus 2006 earnings on their outlook.
By Andrea Rothman
Jan. 17 (Bloomberg) -- Airbus SAS parent European Aeronautic, Defence & Space Co. said the planemaking division will probably post a loss in earnings before interest and tax for 2006 because of delays and higher costs on the A380.
EADS also said one time charges in relation to settlements with customers, impairment of assets, or financial impacts of the Power8 cost-cutting plan originally expected to occur from 2007 are now foreseen to be recognized as early as 2006.
''Furthermore, additional A380 charges not originally envisaged could apply as well,'' EADS said in a statement today. On the group level, the estimated positive Ebit contributions from the other EADS divisions, will ''roughly balance out the estimated negative Ebit impact of Airbus for 2006,'' EADS said.
Astuteman From United Kingdom, joined Jan 2005, 9979 posts, RR: 96
Reply 10, posted (7 years 6 months 2 weeks 3 days 11 hours ago) and read 9439 times:
Quoting PanAm_DC10 (Reply 8): said the planemaking division will probably post a loss in earnings before interest and tax for 2006 because of delays and higher costs on the A380.
IIRC the original forecast for Airbus EBIT this year was E2.8Bn.
We've already seen a E1Bn one-time charge on A380.
I also recall the possibility of a E1Bn charge arising from the old A350 programme termination.
Now they're saying they're likely to book Power8 exceptional charges this year too.
Sounds like a case of "If you're going to have a bad year, you might as well have a BAD year, and clear the decks .
Quoting PanAm_DC10 (Reply 8): ''Furthermore, additional A380 charges not originally envisaged could apply as well,''
This is most decidedly NOT a good message IMO. Maybe EK really are playing THAT hard.
From memory, we usually have to wait until mid-March for EADS finals, don't we?
Zvezda From Lithuania, joined Aug 2004, 10511 posts, RR: 64
Reply 11, posted (7 years 6 months 2 weeks 3 days 11 hours ago) and read 9422 times:
Quoting Scouseflyer (Reply 2): They'll be the minus 10 A380F for FedEx and possiby the A330Fs that first came up yesterday?
I'd be surprised if either have the last signature yet, especially the A330Fs.
Quoting WingedMigrator (Reply 7): Here's my bet: UPS goes minus 10 A380F and plus 25 A330F as launch customer. The bad news of delaying the A380F until some future date is cushioned by the good news of the A330F industrial launch...
That would be a good deal for both Airbus and UPS.
Manni From South Korea, joined Nov 2001, 4221 posts, RR: 23
Reply 15, posted (7 years 6 months 2 weeks 3 days 10 hours ago) and read 9078 times:
Quoting Manni (Reply 1): Let's see how good the informants are of the German FT, according to them Airbus has booked 800 net firm orders.
So the report appears to be wrong.
At the end of november Airbus had 635 gross orders, Airbus just announced 824 gross orders. 189 gross orders have been added in december. 10 additional cancellations have been added on top of the 24 known at the end of november.
Aviator27 From , joined Dec 1969, posts, RR:
Reply 17, posted (7 years 6 months 2 weeks 3 days 10 hours ago) and read 8971 times:
Quoting N1786b (Reply 13): 824 gross
@75.1 billion at list prices - 40% of market share at list prices
Except nobody buys airplanes at list prices which makes that comparison almost meaningless. Discounts are highly kept trade secrets. In itself its not a bad year for Airbus. In comparison to Boeing, its obviously not as good. The A380 saga has really hurt them. Also constraints on the A320 line keeping sales down (relatively). Production of the A320's can't keep pace with demand. This is the word out on the street.
UA777300ER From Belgium, joined Jun 2006, 96 posts, RR: 0
Reply 22, posted (7 years 6 months 2 weeks 3 days 9 hours ago) and read 8537 times:
Did John Leahy just slip and mentioned that Lufthansa is to order extra A380's? He said that airlines stayed with the A380 and that several have even ordered more of them. He gave Lufthansa as an example, then realized his mistake and said something I couldn't understand and went on to mention SQ and QF.
Leelaw From , joined Dec 1969, posts, RR:
Reply 24, posted (7 years 6 months 2 weeks 3 days 9 hours ago) and read 8417 times:
Quoting UA777300ER (Reply 23): Did John Leahy just slip and mentioned that Lufthansa is to order extra A380's? He said that airlines stayed with the A380 and that several have even ordered more of them. He gave Lufthansa as an example, then realized his mistake and said something I couldn't understand and went on to mention SQ and QF.
I noticed the same thing. Hopefully it was truly a "Freudian slip" and not merely a sign of general confusion.
[Edited 2007-01-17 11:52:58]
: Be interesting to see the backlog figures for NBs v WBs. I assume Boeing will have a far greater WB backlog, due to 450+ 787 orders.
: A350 rough figure for development cost: EUR 10 billion. I was, however, not able to add up all the costs for the A380. He did answer that question wit
: I dont know for Boeing, but for Airbus it is about 580 WB aircraft in backlog. Boeing has 448 787s and 74 748s in backlog. Dont know about the 767, 7
: This figures were 12B + 1.5B + 5B euro if I recall correctly, however, he warned that the numbers are a confusing mix of various things and tried to
: Per Boeing's numbers "through December", the backlogs stand at 28 767s, 299 777s, and 38 744s, for a total of 365 planes. Combined with the 787 and 7
: Are we surprised at these results? They will do much better once they have the A380 in service and not giving deals to gain orders will increse profit
: A small correction 119 + 15 + 17 isn't 152 but 151. Now confirmed on the EADS site, ------------------------------------------------------ With 824 n
: Check for understanding:- Airbus Backlog Narrowbody 1953 Widebody 580 Total 2533 Boeing Backlog Narrowbody c1563? Widebody 887 Total c2450? Anyone ab
: 737 backlog is 1560 from their website. http://active.boeing.com/commercial/...pageid=m25066&RequestTimeout=20000 Select "standard reports" on the lef
: Just one quick observation Astuteman. Last week Airbus booked an additional 50 x A32X's for Air Asia. If we add those to the 1953 you quoted then Air
: And between Airbus and Boeing, their collective backlog stands at 5000 frames undelivered. Does anyone else think that's extraordinary? (And delivery