n1786b
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Airbus Misses 200 A350 Sales By "10-15%"

Mon Jan 09, 2006 9:58 pm

This just hit the wires here… Forgeard said that came within 10 to 15% of their objective of 200.

Anybody else out there hear about this or have a quote?

- n1786b


From boursier.com in French:

http://fr.biz.yahoo.com/09012006/17/...r-l-a350-confirmes-ou-presque.html

Airbus : objectif initiaux sur l'A350 confirmés, ou presque...

L'objectif de 200 commandes pour l'A350, nouveau programme lancé en octobre 2005, sera atteint à 10 ou 15% près, indique aujourd'hui Noël Forgeard, PDG d'EADS (Paris: NL0000235190 - actualité).

http://fr.biz.yahoo.com/09012006/17/...r-l-a350-confirmes-ou-presque.html
 
Oykie
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RE: Airbus Misses 200 A350 Sales By "10-15%"

Mon Jan 09, 2006 10:06 pm

Interesting that Airbus did the exact same mistake as Boeing just one year later. This will not affect the future sales and they need to provide the give them estimates.
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EI321
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RE: Airbus Misses 200 A350 Sales By "10-15%"

Mon Jan 09, 2006 10:22 pm

.........So I take it that there were no further A350s sold in 2005? (Counting the existing 172 orders/commitments)?
 
mrcomet
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RE: Airbus Misses 200 A350 Sales By "10-15%"

Mon Jan 09, 2006 10:44 pm

Quoting N1786b (Thread starter):
.........So I take it that there were no further A350s sold in 2005? (Counting the existing 172 orders/commitments)?

Obviously the firmed up the committments and got 170 to 180 firm orders. Anything other than that would be misleading investors which is a serious problem. Unless, of course, Airbus is playing the semantic game again which erodes credibility.
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atmx2000
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RE: Airbus Misses 200 A350 Sales By "10-15%"

Mon Jan 09, 2006 10:46 pm

Why don't they know the numbers yet? It's well over a week since the start of the year. 5% uncertainty seems to be a lot for this point for commitments.
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scbriml
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RE: Airbus Misses 200 A350 Sales By "10-15%"

Mon Jan 09, 2006 10:58 pm

Quoting Atmx2000 (Reply 4):
Why don't they know the numbers yet? It's well over a week since the start of the year. 5% uncertainty seems to be a lot for this point for commitments.

All part of a dastardly Euro plot old chap. Let the old Yanky Doodle Dandies think they've won the sales battle, then spend a couple of weeks cooking the books before we announce our totals. It's worked the last few years. wink 
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Scorpio
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RE: Airbus Misses 200 A350 Sales By "10-15%"

Mon Jan 09, 2006 11:02 pm

Quoting MrComet (Reply 3):
Unless, of course, Airbus is playing the semantic game again which erodes credibility.

Seriously, the only ones who keep on playing these semantics games with this are right here on a.net.
 
RichardPrice
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RE: Airbus Misses 200 A350 Sales By "10-15%"

Mon Jan 09, 2006 11:05 pm

Quoting MrComet (Reply 3):
Obviously the firmed up the committments and got 170 to 180 firm orders. Anything other than that would be misleading investors which is a serious problem. Unless, of course, Airbus is playing the semantic game again which erodes credibility.

Airbus has two private investors, and so long as they are informed as to the meanings of terms used, Airbus are at liberty to use whatever terminology they want to determine targets and numbers.

We keep coming back to this same crap over and over.
 
N79969
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RE: Airbus Misses 200 A350 Sales By "10-15%"

Mon Jan 09, 2006 11:06 pm

Quoting Scbriml (Reply 5):
All part of a dastardly Euro plot old chap. Let the old Yanky Doodle Dandies think they've won the sales battle, then spend a couple of weeks cooking the books before we announce our totals. It's worked the last few years. wink

Atmx2000 asks a legitimate question. They have a figure somewhere between 1 and 200 ordered by 10-20 companies. It should not be a particularly perplexing computation.

I recall reading Sabenapilot et al a year ago stating how Boeing had lost all credibility because they failed to make their 200 goal by the end of 2004....Somehow I think the rules have probably changed over the past year.
 
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RE: Airbus Misses 200 A350 Sales By "10-15%"

Mon Jan 09, 2006 11:10 pm

Quoting Scbriml (Reply 5):
All part of a dastardly Euro plot old chap. Let the old Yanky Doodle Dandies think they've won the sales battle, then spend a couple of weeks cooking the books before we announce our totals. It's worked the last few years.  

We're talking commitments which don't have to booked in the same sense as a firm order. There really isn't any excuse for having a count on commitments.
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mham001
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RE: Airbus Misses 200 A350 Sales By "10-15%"

Mon Jan 09, 2006 11:11 pm

Quoting RichardPrice (Reply 7):
Airbus has two private investors, and so long as they are informed as to the meanings of terms used, Airbus are at liberty to use whatever terminology they want to determine targets and numbers.

Not quite.. Airbus has two publicly held investors and as a subsidiary, is subject to the same reporting laws as its parents.
 
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RE: Airbus Misses 200 A350 Sales By "10-15%"

Mon Jan 09, 2006 11:20 pm

Quoting Mham001 (Reply 10):

Not quite.. Airbus has two publicly held investors and as a subsidiary, is subject to the same reporting laws as its parents.

Actually, no not really. The company is marketted as a seperate independant company, wholly owned by two investors with its own board of directors, financial standing and brand name. In this case under EU law it ONLY has to provide information to the owning investors, and its up to the investors to divulge information to their public investors.

As long as Airbus inform EADS and BAE of the terminology used and the exact figures involved, then Airbus are legally in the clear because itself has no public investors.
 
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RE: Airbus Misses 200 A350 Sales By "10-15%"

Mon Jan 09, 2006 11:21 pm

Quoting N79969 (Reply 8):
I recall reading Sabenapilot et al a year ago stating how Boeing had lost all credibility because they failed to make their 200 goal by the end of 2004....Somehow I think the rules have probably changed over the past year.

Some did indeed claim this. Personally, I said it would be no more than an embarrassment (as it now is for Airbus). It hardly hampered Boeing's sales in 2005 did it?  scratchchin 

Perhaps they'll both keep their mouths shut in 2006? pray 
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leelaw
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RE: Airbus Misses 200 A350 Sales By "10-15%"

Mon Jan 09, 2006 11:24 pm

Blah, Blah, Blah. Why all this meaningless chatter from Airbus when they set January 17th as the time to discuss their sales results for 2005? Can't Forgeard keep his mouth shut for eight more days?
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CPH757
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RE: Airbus Misses 200 A350 Sales By "10-15%"

Mon Jan 09, 2006 11:29 pm

Quoting N79969 (Reply 8):
I recall reading Sabenapilot et al a year ago stating how Boeing had lost all credibility because they failed to make their 200 goal by the end of 2004....Somehow I think the rules have probably changed over the past year.

Exactly. 1002 net orders is quite good for Boeing with bad credibility. Do anyone really think that professional airline management take PR credibility factors into consideration when buying an aircraft? I don't.

Quoting RichardPrice (Reply 7):
Airbus has two private investors, and so long as they are informed as to the meanings of terms used, Airbus are at liberty to use whatever terminology they want to determine targets and numbers.

Exactly again. However, at least EADS is listed on stock exchanges. So the information may at least not be misleading or incorrect. But as this was a prediction, it's wasn't, and i don't think that the EADS stock is that volatile. It probably reacts more to firm orders and product launches from Airbus.

If we have to talk about credibility in this discussion, one have to remember that Boeings credibility on such statements in probably easier reflected in the Boeing stock rates, as EADS is not only Airbus.
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RE: Airbus Misses 200 A350 Sales By "10-15%"

Mon Jan 09, 2006 11:30 pm

Quoting Scbriml (Reply 12):
Some did indeed claim this. Personally, I said it would be no more than an embarrassment (as it now is for Airbus). It hardly hampered Boeing's sales in 2005 did it?

I agree it really is not a big deal. In some ways, December 31 is an arbitrary date. However I think it is notable that Airbus did set up itself for this somewhat embarrasing situation even after seeing Boeing miss its target exactly one year before.
 
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RE: Airbus Misses 200 A350 Sales By "10-15%"

Mon Jan 09, 2006 11:35 pm

Quoting Leelaw (Reply 13):
Blah, Blah, Blah. Why all this meaningless chatter from Airbus when they set January 17th as the time to discuss their sales results for 2005? Can't Forgeard keep his mouth shut for eight more days?

Way more press coverage, of course.
 
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RE: Airbus Misses 200 A350 Sales By "10-15%"

Mon Jan 09, 2006 11:35 pm

Quoting Scorpio (Reply 6):
Seriously, the only ones who keep on playing these semantics games with this are right here on a.net.

And the PR dept of Airbus...and Mr Leahy......
 Wink
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scbriml
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RE: Airbus Misses 200 A350 Sales By "10-15%"

Mon Jan 09, 2006 11:37 pm

Quoting Leelaw (Reply 13):
Blah, Blah, Blah. Why all this meaningless chatter from Airbus when they set January 17th as the time to discuss their sales results for 2005? Can't Forgeard keep his mouth shut for eight more days?

Agreed. Presumably he was speaking from an EADS perspective seeing as he's no longer an Airbus exec.
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leelaw
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RE: Airbus Misses 200 A350 Sales By "10-15%"

Mon Jan 09, 2006 11:42 pm

Quoting Tifoso (Reply 16):
Quoting Leelaw (Reply 13):
Blah, Blah, Blah. Why all this meaningless chatter from Airbus when they set January 17th as the time to discuss their sales results for 2005? Can't Forgeard keep his mouth shut for eight more days?

Way more press coverage, of course.

I guess that makes sense if the goal is to accentuate the fact that they've missed their earlier forecast.
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Scorpio
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RE: Airbus Misses 200 A350 Sales By "10-15%"

Mon Jan 09, 2006 11:45 pm

Quoting N79969 (Reply 8):
Atmx2000 asks a legitimate question. They have a figure somewhere between 1 and 200 ordered by 10-20 companies. It should not be a particularly perplexing computation.

I don't quite get what the problem is with all these people who are now (for the first time AFAIK) making such a big deal about Airbus not announcing its final results until halfway through January, even though it's something they've been doing for years. Do they know the number of orders? Of course they do. But they're not going to tell you before the 17th. Why only on the 17th? Well, my guess is that announcement will be a little more than "We've sold xxx planes to yy airlines, and we've delivered zzz planes. Well, see you next year, buh-bye." And it *could* just be that they need to finish and check some numbers for some of the other things they'll be saying, wouldn't you agree?

As for why that press secretary didn't give the number to a journalist a few days ago? Well, would you actually expect him to say "Well, we were kinda planning to save this for the 17th, but what the heck, because you have such nice legs, we've sold xxx"??? Did he know? Of course he did. Was he allowed to tell the press before the press conference however?...

Quoting N79969 (Reply 8):
I recall reading Sabenapilot et al a year ago stating how Boeing had lost all credibility because they failed to make their 200 goal by the end of 2004....Somehow I think the rules have probably changed over the past year.

And I don't see anyone here saying Airbus shouldn't be criticized for not making the 200 number. They can and should, as it was a PR blunder they should have avoided. What's being criticized here is the allegations being made here (by the Usual Suspects, in several threads) that the only reason Airbus is waiting with the announcement is because they're 'cooking the books'. It almost seems that some here are already looking for a stick to hit with in the unlikely case that Airbus were to announce they have won more orders than Boeing last year. And that's kind of sad...

[Edited 2006-01-09 15:48:11]
 
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RE: Airbus Misses 200 A350 Sales By "10-15%"

Mon Jan 09, 2006 11:51 pm

Quoting Leelaw (Reply 19):

I guess that makes sense if the goal is to accentuate the fact that they've missed their earlier forecast.

As they say, any publicity is good publicity, especially when they are not setting the precedent of missing announced targets.

For all of last week, and until the 17th, the press is going to talk about Airbus, not Boeing. B got maybe 2 days of fame when they announced the 2005 tally. Airbus PR is smart.  Wink
 
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RE: Airbus Misses 200 A350 Sales By "10-15%"

Tue Jan 10, 2006 12:02 am

Fair use excerpt from AP (considerably snipped):
PARIS (AP)--Boeing's (BA) resurgence is an area of concern for European plane maker Airbus (ABI.YY), the head of parent company EADS said Monday.

But Noel Forgeard, joint CEO of European Aeronautic Defence and Space Co. (5730.FR), wouldn't confirm that Boeing last year reclaimed its lead in orders that it lost to Airbus in 2001.

Airbus, which is 80%-owned by EADS, is due to announce its 2005 orders on Jan. 17, but has already said the contest was close. Boeing last week announced it took 1,002 net orders in 2005.

Forgeard nevertheless said Boeing's resurgence was among "areas of concern" facing Airbus, singling out sales of the Boeing 777, which overtook those of the rival A340 last year, he said.

"The 777 took a preponderant market share in relation to our A340 family," Forgeard told a news conference. He didn't elaborate on order figures.

[...]
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RE: Airbus Misses 200 A350 Sales By "10-15%"

Tue Jan 10, 2006 12:04 am

Quoting N79969 (Reply 8):
I recall reading Sabenapilot a year ago stating how Boeing had lost all credibility because they failed to make their 200 goal by the end of 2004....Somehow I think the rules have probably changed over the past year.

If you would have paid attention to the semantics, you'd notice the subtile difference in what Boeing said 2 years ago, and what Airbus has been mentioning as their sales target for 2005.

Boeing guaranteed over and over again to everybody they would get to 200.

Airbus said they were highly confident they could sell 200 too.

Boeing missed their rock solid target of minimum 200 and the salesmen had to pay the price because as a stock listed company, they broke their word to their investors.

Airbus on the other hand comes pretty close to what they were confident off, yet won't have to pay a single price, since they were not as stupid to GUARANTEE the exact number...

Really, the obsession with the EXACT number of 200 only lives in the minds of those who have seen their favourite manufacturer miss it by a margin by which asteroids miss planets...

Now, because I just know you love me to see it give it some spin, here it is:

We all know the A350 might as well have been called the A330NG, but marketeers decided otherwise. Now, this year around 50 A330s were ordered by customers who didn't want to wait till the A350 or in fact the 787 would be available, so 'the twin engined large wide body' from TLS easily met the sales target you are so obsessed about! It's just that some customers wanted it sooner than possible and thus opted for the most modern plane currently available (A330) rather than wait for the highly improved new version of it, the A350. Rather than talking about the A350 missing its sales target, we should be discussing the unexpected urgent need for it, as demonstrated in the A330 sales!

How's that for spin?

[Edited 2006-01-09 16:17:30]
 
leelaw
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RE: Airbus Misses 200 A350 Sales By "10-15%"

Tue Jan 10, 2006 12:05 am

Quoting Tifoso (Reply 21):
Airbus PR is smart.

IMO, too smart by half. This type of chattering hucksterism befits the operator of a carnival, not an aerospace giant.

BTW, Boeing is mentioned six times in the AP article, so much for grabbing all the attention.

[Edited 2006-01-09 16:16:39]
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N79969
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RE: Airbus Misses 200 A350 Sales By "10-15%"

Tue Jan 10, 2006 12:09 am

Quoting Scorpio (Reply 20):
And I don't see anyone here saying Airbus shouldn't be criticized for not making the 200 number. They can and should, as it was a PR blunder they should have avoided.

I agree and disagree. They should be criticized for the PR blunder but not for missing the target. Like I say above, it is not a huge deal that they did not make that numerical target by a somewhat arbitrary date.

But like I also say above, it is odd that after watching Boeing embarrass itself last year they did the exact same thing.
 
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RE: Airbus Misses 200 A350 Sales By "10-15%"

Tue Jan 10, 2006 12:18 am

Quoting N79969 (Reply 25):
They should be criticized for the PR blunder but not for missing the target.

I think we agree on this. They should above all be criticized for setting the target in public and repeating it over and over again. Especially after what Boeing did a year before.
 
N79969
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RE: Airbus Misses 200 A350 Sales By "10-15%"

Tue Jan 10, 2006 12:19 am

Quoting Sabenapilot (Reply 23):
If you would have paid attention to the semantics, you'd notice the subtile difference in what Boeing said 2 years ago, and what Airbus has been mentioning as their sales target for 2005.

Boeing guaranteed over and over again to everybody they would get to 200.

Airbus said they were highly confident they could sell 200 too.

Boeing missed their rock solid target of minimum 200 and the salesmen had to pay the price because as a stock listed company, they broke their word to their investors.

Airbus on the other hand comes pretty close to what they were confident off, yet won't have to pay a single price, since they were not as stupid to GUARANTEE the exact number...

Really, the obsession with the EXACT number of 200 only lives in the minds of those who have seen their favourite manufacturer miss it by a margin by which asteroids miss planets...

Thanks for proving my point. How many different standards do you use when judging these situations? I count at least two and suspect that you have even more for each and every pitfall or embarrasing situation in which Airbus could land.

Boeing's shares are doing very well and no one has filed a derivative suit to the best of my knowledge based on the miss of 200 787 last year. Investors seems pretty happy.

Forgeard is not a coy guy...but maybe he is hiding really good news to be made known on January 17.
 
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scbriml
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RE: Airbus Misses 200 A350 Sales By "10-15%"

Tue Jan 10, 2006 12:20 am

Quoting N79969 (Reply 25):
But like I also say above, it is odd that after watching Boeing embarrass itself last year they did the exact same thing.

Agreed. So, can we all now call it a "dishonourable" draw and move on to 2006?
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RE: Airbus Misses 200 A350 Sales By "10-15%"

Tue Jan 10, 2006 12:27 am

Quoting N79969 (Reply 27):
I count at least two [double standards].

Well, can you name them then please, so I can stand corrected?

Quoting Scbriml (Reply 28):
can we all now call it a "dishonourable" draw and move on to 2006?

I think those who keep on posting topics about it would want that to happen too dearly...
Which is why they keep on posting them.

I think there is still an important difference in slightly missing your target by what is known to be 12%, or not even coming close (40%).

I'd say B still lost, not on KO, but by points. I can live with that, can they?

[Edited 2006-01-09 16:29:34]
 
birdbrainz
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RE: Airbus Misses 200 A350 Sales By "10-15%"

Tue Jan 10, 2006 12:29 am

Quoting CPH757 (Reply 14):
Exactly. 1002 net orders is quite good for Boeing with bad credibility. Do anyone really think that professional airline management take PR credibility factors into consideration when buying an aircraft? I don't.

Really! I didn't know you bought aircraft.

Well then, I have an brand-new, all carbon-fibre 250-300 seat aircraft, as well as a bridge for sale. Interested?

Honestly, I work in sales, and credability and trust are everything. Without that, you have no relationship. Period. It's even more true when you're asking a company to make a 10-15 year commitment to your product.
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N79969
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RE: Airbus Misses 200 A350 Sales By "10-15%"

Tue Jan 10, 2006 12:29 am

Scorpio and Scbriml,

I think the three of us do actually agree. The financial impact of missing a December 31 sales target on investors, suppliers, and other stakeholders is probably non-existent or immaterial.
If they make it in the first quarter of 2006, it will be forgotten.

There is a PR implication that should be a lesson not only for these two companies but for firms in any high-profile industry.
 
BestWestern
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RE: Airbus Misses 200 A350 Sales By "10-15%"

Tue Jan 10, 2006 12:32 am

Quoting RichardPrice (Reply 7):
We keep coming back to this same crap over and over.

Yes indeed... Its getting tedious beyond belief.
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NAV20
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RE: Airbus Misses 200 A350 Sales By "10-15%"

Tue Jan 10, 2006 12:35 am

"L'objectif de 200 commandes pour l'A350..."

Sorry to 'go on' about a director's duty to shareholders, but I'd be obliged if someone would supplement my limited French. According to my recollection (and my ancient dictionary) 'commandes' translates as 'orders'; no other translation is given.

On the face of it, Forgeard's statement, even allowing for the inexplicable use of percentages about a figure that must already be precisely known, translates as 170-180 firm orders. It remains to be seen (presumably on the 19th.) whether Forgeard was in fact talking about 'orders', or a mix of firm orders and non-binding 'commitments', LOIs, MOUs etc. - in which case his statement will look highly misleading.

It should be mentioned that Forgeard is not an officer of Airbus - he is Joint CEO of Airbus' owner, EADS, which is a company responsible to shareholders. And that EADS shares, although mainly held by governments and Daimler-Chrysler, are also bought and sold on the open market by ordinary investors.
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BestWestern
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RE: Airbus Misses 200 A350 Sales By "10-15%"

Tue Jan 10, 2006 12:49 am

Quoting NAV20 (Reply 33):
even allowing for the inexplicable use of percentages

WHy inexplicable NAV20.... because it doesnt suit your Airbus hatred?

Quoting NAV20 (Reply 33):
translates as 170-180 firm orders

Do we have to go over this yet again.... Its obvious to everyone that he isnt talking about orders... except to the half dozen hard core boeing cheerleaders on Airliners.net who really need to get a life.

Quoting NAV20 (Reply 33):
Sorry to 'go on' about a director's duty to shareholders,

If you believe that he is acting in a manner where he is not correct ... state so without hiding behind your username. Otherwise put up or shut up.

Quoting NAV20 (Reply 33):
in which case his statement will look highly misleading.

If you believe that he is misleading ... state so without hiding behind your username. Otherwise put up or shut up.

Quoting N79969 (Reply 31):
The financial impact of missing a December 31 sales target on investors, suppliers, and other stakeholders is probably non-existent or immaterial.

I agree 100% - egg on face - nothing more.
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NAV20
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RE: Airbus Misses 200 A350 Sales By "10-15%"

Tue Jan 10, 2006 12:56 am

BestWestern, the percentages are inexplicable because they must know exactly how many orders they have.

I'd have thought that the rest of my post was perfectly clear. If EADS' website doesn't show at least 170 firm orders for the A350 when it is updated later this month, Forgeard's statement will be shown to have been incorrect.

[Edited 2006-01-09 16:58:45]
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Heavierthanair
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RE: Airbus Misses 200 A350 Sales By "10-15%"

Tue Jan 10, 2006 12:58 am

G'day

But here it says Airbus has beaten its target for more than 200 A350 "orders and commitments" in 2005 by at least 10%, EADS co-chief executive Noël Forgeard said today.

http://www.flightinternational.com/A...ats+200-order+target+for+A350.html

I am slightly confused  Confused

Cheers

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Aircellist
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RE: Airbus Misses 200 A350 Sales By "10-15%"

Tue Jan 10, 2006 1:01 am

Quoting Sabenapilot (Reply 23):
How's that for spin?

Ha ha ha!

:D

Bravo!!!
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leelaw
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RE: Airbus Misses 200 A350 Sales By "10-15%"

Tue Jan 10, 2006 1:08 am

Call in the Delphic Oracle, the A350 tally is somewhere between 220+ and 170 depending on which press account you read.
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N79969
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RE: Airbus Misses 200 A350 Sales By "10-15%"

Tue Jan 10, 2006 1:09 am

Quoting Heavierthanair (Reply 36):
But here it says Airbus has beaten its target for more than 200 A350 "orders and commitments" in 2005 by at least 10%, EADS co-chief executive No�l Forgeard said today.

http://www.flightinternational.com/A...ats+200-order+target+for+A350.html

I am slightly confused Confused

Maybe they just a closed a deal a few days past January 1. Airbus would be so much better served if they just let Enders and Humbert make these kinds of annoucments.

Forgeard is a problem.

Despite holding a co-CEO position, he acts as if he is a mid-level sales/PR VP and his words have to be taken with a few tablespoons of salt.
 
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RE: Airbus Misses 200 A350 Sales By "10-15%"

Tue Jan 10, 2006 1:09 am

Quoting Heavierthanair (Reply 36):
But here it says Airbus has beaten its target for more than 200 A350 "orders and commitments" in 2005 by at least 10%, EADS co-chief executive Noël Forgeard said today.

Either FI or N1786b has totally got the wrong end of the stick! rotfl 
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RichardPrice
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RE: Airbus Misses 200 A350 Sales By "10-15%"

Tue Jan 10, 2006 1:11 am

Quoting Scbriml (Reply 40):
Either FI or N1786b has totally got the wrong end of the stick!

I will say! Hmm, this is going to be ... interesting  Smile
 
CPH757
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RE: Airbus Misses 200 A350 Sales By "10-15%"

Tue Jan 10, 2006 1:12 am

Quoting Birdbrainz (Reply 30):

Really! I didn't know you bought aircraft.

Well then, I have an brand-new, all carbon-fibre 250-300 seat aircraft, as well as a bridge for sale. Interested?

Honestly, I work in sales, and credability and trust are everything. Without that, you have no relationship. Period. It's even more true when you're asking a company to make a 10-15 year commitment to your product.

Sure, I'm up for it, what's the price, and what's your credibility? Big grin

Off course you are right in general, but in this business I don't think that PR credibility as this issue changes anything. If three Airbus aircraft exploded every other week, it would be another "credibility" issue, and they would probably have a problem or two  Smile
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BestWestern
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RE: Airbus Misses 200 A350 Sales By "10-15%"

Tue Jan 10, 2006 1:13 am

Quoting Heavierthanair (Reply 36):
Airbus has beaten its target for more than 200 A350 "orders and commitments" in 2005

IF thats true, there will be lots of red faces from the half dozen airbus haters.

Quoting NAV20 (Reply 35):
If EADS' website doesn't show at least 170 firm orders for the A350 when it is updated later this month, Forgeard's statement will be shown to have been incorrect.

Well then put up or shut up... come out and publically (not hiding behind NAV20) state that Airbus are misleading their shareholders... You know thats not the truth, so you wont. Because, here in Europe accusing a person / company of providing misleading facts is slander.
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leelaw
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RE: Airbus Misses 200 A350 Sales By "10-15%"

Tue Jan 10, 2006 1:14 am

Quoting N1786b (Thread starter):
Forgeard said that came within 10 to 15% of their objective of 200.

Seems everyone erroneously interpreted this language as meaning Airbus was falling short of the sales objective.  Smile
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RichardPrice
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RE: Airbus Misses 200 A350 Sales By "10-15%"

Tue Jan 10, 2006 1:17 am

Yes, babelfish seem to translate it as the following:

Quote:

The objective of 200 orders for A350, new program launched in October 2005, will be achieved with a margin of 10 or 15%, indicates today Noël Forgeard, chairman of EADS

*shrug*
 
N79969
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RE: Airbus Misses 200 A350 Sales By "10-15%"

Tue Jan 10, 2006 1:18 am

Quoting Scbriml (Reply 40):
Quoting Heavierthanair (Reply 36):
But here it says Airbus has beaten its target for more than 200 A350 "orders and commitments" in 2005 by at least 10%, EADS co-chief executive No�l Forgeard said today.

Either FI or N1786b has totally got the wrong end of the stick! rotfl

Why would you blame N1786b? He just posted news written by a French news organization.
 
BestWestern
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RE: Airbus Misses 200 A350 Sales By "10-15%"

Tue Jan 10, 2006 1:20 am

Quoting Leelaw (Reply 44):
Seems everyone erroneously interpreted this language as meaning Airbus was falling short of the sales objective

              

I have started a new thread that correctly states the new information

[Edited 2006-01-09 17:23:32]
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n1786b
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RE: Airbus Misses 200 A350 Sales By "10-15%"

Tue Jan 10, 2006 1:30 am

Quoting N79969 (Reply 46):

Why would you blame N1786b? He just posted news written by a French news organization.

Thank you.

Reuters also reported this:

http://yahoo.reuters.com/financeQuot...06-01-09_14-50-51_l09735150_newsml


"It is true that one of us had a slight advantage last year, but to find out which, you will have to wait until January 17," Forgeard said.

He signalled, however, that Airbus had missed its target for 200 sales of its new A350 twin-jet mid-sized aircraft last year, saying it had reached the goal "give or take 10 or 15 percent".

Quoting RichardPrice (Reply 45):
babelfish seem to translate *shrug*

Please don't trust BableFish translations.

- N1786B
 
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scbriml
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RE: Airbus Misses 200 A350 Sales By "10-15%"

Tue Jan 10, 2006 1:30 am

Quoting N79969 (Reply 46):
Why would you blame N1786b? He just posted news written by a French news organization.

I certainly wasn't "blaming" him. And what for anyway? All he did was post it, but since the linked article is in French, I assumed it was his translation.

I think it's hilarious! rotfl  rotfl  rotfl 
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