pygmalion
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Joined: Thu Jun 29, 2006 12:47 am

A350 Program To Cost US$15 Billion

Fri Jan 26, 2007 5:28 am

The A350XWB development to cost $15 billion for EIS in 2013.


http://www.compositesworld.com/hpc/issues/2007/January/1558


"Despite concern about Airbus’ financial condition in recent months, the company claims the A350 XWB will be financed predominantly from company cash flows"

[Edited 2007-01-25 21:53:50]
 
BoomBoom
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RE: A350 Program To Cost US$15 Billion

Fri Jan 26, 2007 5:49 am

This article has absoultly nothing new in it.
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TeamAmerica
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RE: A350 Program To Cost US$15 Billion

Fri Jan 26, 2007 5:52 am

Quoting Pygmalion (Thread starter):
A380XWB development to cost $15 billion

A typo, methinks...interesting as the image of an XWB A380 may be. smile 
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pygmalion
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RE: A350 Program To Cost US$15 Billion

Fri Jan 26, 2007 5:55 am

oops, you're right. I fixed the typo.

This article is right out of the new Composite World from Jan 2007.
 
pygmalion
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RE: A350 Program To Cost US$15 Billion

Fri Jan 26, 2007 5:56 am

Its the same source that Keesje used for this thread about new news on the 787???
First 6 B787s Overweight, 2% Reduction Required. (by Keesje Jan 25 2007 in Civil Aviation)
 
MCIGuy
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RE: A350 Program To Cost US$15 Billion

Fri Jan 26, 2007 5:56 am

Quoting Pygmalion (Thread starter):
A350 XWB will be financed predominantly from company cash flows"

Sure it will.  Yeah sure
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Lumberton
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RE: A350 Program To Cost US$15 Billion

Fri Jan 26, 2007 6:04 am

Quoting Pygmalion (Reply 3):
his article is right out of the new Composite World from Jan 2007.

Honostly I think there may be an information "lag" at Composite World. This number (USD$15 billion) has been in the media before. IIRC this came up in many of the discussion threads we had here.
"When all is said and done, more will be said than done".
 
EI321
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RE: A350 Program To Cost US$15 Billion

Fri Jan 26, 2007 6:05 am

Quoting MCIGuy (Reply 5):
Quoting Pygmalion (Thread starter):
A350 XWB will be financed predominantly from company cash flows"

Sure it will.

Its true
 
astuteman
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RE: A350 Program To Cost US$15 Billion

Fri Jan 26, 2007 6:12 am

Quoting MCIGuy (Reply 5):
Quoting Pygmalion (Thread starter):
A350 XWB will be financed predominantly from company cash flows"

Sure it will.

A recent FI article quoted analysts as saying that it might be possible to finance the A350XWB exclusively from cashflows, but only if Airbus "threw a load of sixes", i.e. order intake remained buoyant, there were no further A380 hiccups, there was a positive exchange rate movement, Power8 was implemented fully etc.

Realistically, "throwing all sixes" on these issues is highly unlikely, but "predominantly" means most, not all, and should be feasible, provided nothing else goes amiss.

I'll try and find the link.

Regards
 
BoomBoom
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RE: A350 Program To Cost US$15 Billion

Fri Jan 26, 2007 6:17 am

Quoting EI321 (Reply 7):
Its true

So they're not going for any "launch aid"?
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EI321
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RE: A350 Program To Cost US$15 Billion

Fri Jan 26, 2007 6:38 am

Quoting BoomBoom (Reply 9):
Quoting EI321 (Reply 7):
Its true

So they're not going for any "launch aid"?

I presume they will apply for loans from their Govt shareholders, and I also presume you understand the meaning of the word 'predominantly'?
 
BoomBoom
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RE: A350 Program To Cost US$15 Billion

Fri Jan 26, 2007 6:48 am

The full paragraph states:

Quote:
Despite concern about Airbus’ financial condition in recent months, the company claims the A350 XWB will be financed predominantly from company cash flows, with a strong contribution from the company’s new Power8 program which adds risk-sharing partners to the manufacturing mix — such partners may include outsourcing subcontractors. If needed, Gallois says Airbus will go to global capital markets for additional funding.

Not a word about launch aid.
Our eyes are open, our eyes are open--wide, wide, wide...