|Quoting AtlBill (Thread starter):|
Well this may be a perfect storm scenario for Airbus...
Significant interest bearing loans from the governments for the A380, a huge hit to cash flow from the A380 delay, a huge hit on costs from the delay, a huge dip in stock price, and now a record high Euro.
Also, with the WTO case coming to head next year, government bailout loans may not be an option.
This really explains the dilemma that is facing Airbus/EADS in funding the A350...This also explains why Airbus has floated the idea of a longer development cycle on the A350. This may not be a bad thing for a number of reasons.
|Quoting Flysherwood (Reply 1):|
I believe that the first step to turning this around is to consolidate the office of CEO at Airbus. Having two (2) heads will only make things worse. Second, quit letting the salesman create production havoc...I understand that options are what really got the sales going on this frame, however they let Leahy loose and got stuck with a 2 year delay.
|Quoting Stitch (Reply 2):|
Airbus still has a decade to pay back the loans, so it's not like the entire amount is due in the next year or two. And while the next few years will see a large earnings hit, it's important to remember that is deferred earnings, not lost ones.
|Quoting Poitin (Reply 3):|
Cancelled A 380's are lost earnings. While we have only heard from Fed Ex, Virgin, Thai, and several others are muttering. We will have to see what really happens, but don't be surprised if the cancellations start coming in.
Military Aircraft Every type from fighters to helicopters from air forces around the globe
Classic Airliners Props and jets from the good old days
Flight Decks Views from inside the cockpit
Aircraft Cabins Passenger cabin shots showing seat arrangements as well as cargo aircraft interior
Cargo Aircraft Pictures of great freighter aircraft
Government Aircraft Aircraft flying government officials
Helicopters Our large helicopter section. Both military and civil versions
Blimps / Airships Everything from the Goodyear blimp to the Zeppelin
Night Photos Beautiful shots taken while the sun is below the horizon
Accidents Accident, incident and crash related photos
Air to Air Photos taken by airborne photographers of airborne aircraft
Special Paint Schemes Aircraft painted in beautiful and original liveries
Airport Overviews Airport overviews from the air or ground
Tails and Winglets Tail and Winglet closeups with beautiful airline logos