BestWestern
Topic Author
Posts: 7056
Joined: Fri Sep 08, 2000 8:46 pm

Airbus 9.6% Operating Margin In 2004.

Wed Jan 12, 2005 8:51 pm

http://yahoo.reuters.com/financeQuoteCompanyNewsArticle.jhtml?duid=mtfh64920_2005-01-12_11-14-23_pac003835_newsml

So, It looks like Airbus is profitable after all.

Airbus sees '04 operating margin close to 10 pct
Wed Jan 12, 2005 06:14 AM ET
PARIS, Jan 12 (Reuters) - Aircraft maker Airbus's operating margin should be close to its 10 percent medium-term target as soon as 2004, Andreas Sperl, one of its executives, said on Wednesday.
This margin was 9.6 percent over the first nine months of the year.

The company, owned by European aerospace group EADS (EAD.PA: Quote, Profile, Research) , also expects orders for its future A350 plane should reach 50 to 60 units by June, Airbus chief commercial officer John Leahy said at a news conference.

The A350 plane would be launched when enough companies were interested in it, regardless of the state of aid-related negotiations between the United States and the European Union, Airbus chief Noel Forgeard said at the same conference.

You are 100 times more likely to catch a cold on a flight than an average person!
 
StarFlyer
Posts: 929
Joined: Thu Sep 12, 2002 10:07 am

RE: Airbus 9.6% Operating Margin In 2004.

Wed Jan 12, 2005 10:01 pm

Great to hear AI is finally making an operating profit. The stock market does not seem to honour this, stock price of EADS went down this morning.

And this is not a small operating margin, in a lot of markets firms operate at a margin of 1-2%!

What's Boeing's operating margin?

Cheers

Starflyer
Yours truly - StarFlyer