Topic Author
Posts: 5714
Joined: Tue May 18, 1999 2:54 am

Airbus Loses 204 Million

Tue Mar 23, 1999 7:45 am

Airbus Industries lost 204 million dollars last year. This sure is a turnaroud for a company that supposedly is ready to take over the #1 position in commericial aircraft sales.
"History does not long entrust the care of freedom to the weak or timid." D. Eisenhower

RE: Boeing Too

Tue Mar 23, 1999 10:10 am

Dear CX747, you always make me laugh with your pro-Boeing posts (well, not really actually). Please do not fail to mention that Boeing too made a loss this year. This sure is a turnaround for a company that supposedly is no.1 in commercial aircraft sales (just borrowed your words there for a sec).

On a more intersting note, both Boeing and Airbus have admitted that they have made losses due to the pricewar of shorthaul aircraft (737 vs 320) from 1995-1997.

Here is a list of the prices Boeing charged for their planes and how much it was below the list price, mainly due to competition between the two manufacturers. Sorry, no Airbus list is available but I'm sure something similar applies to them:

Boeing 747, $129 million, 27 % down on list price
Boeing 777, $114 million, 17 % down
Boeing 767, $ 67 million, 25 % down
Boeing 757, $ 49 million, 25 % down
Boeing 737, $ 31 million, 14 % down

Source: Flight Intl.

RE: Boeing Too- Not Exactly

Tue Mar 23, 1999 10:17 am

Boeing posted a PROFIT of $63M last ('98) year, They raised their prices early last year. The year before ('97) Boeing posted significant losses due to competition with Airbus and a charge taken to restructure the company.

RE: Boeing Too- Not Exactly

Tue Mar 23, 1999 10:27 am

Fair enough, NYC Int'l. You got me there. However, you have to admit that a profit of $63 million is not exactly impressive for a company as big as Boeing. Still, point taken.
Topic Author
Posts: 5714
Joined: Tue May 18, 1999 2:54 am

Cool Cat IIIc

Tue Mar 23, 1999 11:33 am

It does seem humorous that I do have to bring this up. But it seems to me that if I didn't all the others would just let this slide underneath the rug. When Boeing stumbles there here posting up to the minute press releases on Boeing's demise but seem to miss Airbus's blunders.
"History does not long entrust the care of freedom to the weak or timid." D. Eisenhower

Cool Cat IIIc

Tue Mar 23, 1999 12:08 pm

No, Your right Cool Cat IIIc. But I would submit that Boeing profits will increase quite a bit once M/Douglas production has ceased completly. I guess the company will be more flexable as well. I think you would agree that it will be interesting to see what Boeing vs. Airbus would look like when Airbus finally becomes a single company.
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Joined: Wed May 19, 1999 10:42 pm

RE: Airbus Loses 204 Million

Tue Mar 23, 1999 12:42 pm

Do I have Deja Vu??? Did they put this topic few times already????

BWIADCA - Nikon D100


Tue Mar 23, 1999 12:49 pm

Spooky! HUH......Basically what the post said was if you add together all the times this subject has appeared the Airbus losses would rachet up to $600M from $200M.

RE: Boeing Too- Not Exactly

Tue Mar 23, 1999 1:09 pm

Think about this:
Airbus is a governmental consortium set-up to compete with and de-value U.S. aircraft builders. McDonnell Douglas became "affordable" to Boeing after successful predatory pricing efforts by Airbus. Now Airbus has forced a successful large aircraft marketer & builder to spend private cash to acquire and operate a medium sized aircraft builder. "Check-Mate": Now we can watch Airbus go after this equity-weakened American company with European mega-tax dollars! A governmentally owned European consortium doesn't care about equity / share value. They are basically Socialist enterprises.

Beware the "blue-eyed Devils"

As is our tradition, we must "circle the wagons"


P.S.: I have seen comments to the contrary in this forum, but those planes will always be airBUSSES.
I fly 150,000/yr. , I've suffered it all.
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Joined: Tue May 18, 1999 6:40 am

RE: Boeing Too- Not Exactly

Tue Mar 23, 1999 5:38 pm

I'm sorry I have no idea what the point of that post was. Why was boeing forced to buy MD. And whats that 150,000/yr thing about. Whose tradition is it to circle the wagons. And what the hell are blue eyed devils. Maybe it's just me but I'm lost.

RE: Jetpilot:R.Collins

Tue Mar 23, 1999 10:12 pm

Jetpilot, I think the point R.Collins is trying to make is that the gov. backed ($$$$) Airbus is doing one hec of a job forcing Boeing to take drastic measures in order to stay #1 in market.
Posts: 29881
Joined: Wed Jul 07, 1999 11:27 am

10 Key Points

Wed Mar 24, 1999 4:39 am

1. Any major exec. is going to prefer a 63 million dollar profit instead of a 204million dollar loss

2. Airbuses cost of manufacturing is significantly higher then Boeings (UNION WORKERS).

3. As a result of two Airbuses are more expensive to manufacture. I think if you where to add 5 to 10 mil the the Boeing prices you should end up pretty close to the Airbus prices.

4. Airbus knows that the governments that started it, will back it when it loses money. Just politically expedient

5. Because of 3 Airbus knew that they would have to lower their prices to be more competitive with Boeing.

6. Boeing responed with it's own cuts.

7. Airbus was forced to drop prices again. This time below the break even point. They feel safe doing it since their respective governments won't let them go under.

8. Because of the lower costs at Boeing they where able to still break even despite the smaller profit. Also they are a much more diverse company and are not totally dependent on civillian aircraft sales for their earnings.

9. Both Airbus and Boeing have had press problems Boeing with the overstated 737 rudder problems and Airbus with their FMGS systems ignoring pilot commands.

10. This is about the fourth time this has come up in the past two weeks. lets give it a rest.

RE: 10 Key Points

Wed Mar 24, 1999 6:09 am

I think it's very hard to say who started what, and frankly, I don't care. Let's follow L-188's elad and bury this subject (until next week at least).

Jetpilot, I totally agree with you....I have no idea what Rich Collins is on about either.
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No Nazi's Hear Hey!

Thu Mar 25, 1999 1:56 am

What the hell is Rich Collins on about. It sounds a bit like he don't like the Arian Blood over at Airbus. Well, tough luck! Thoes nasty blonde haired blue eyed devels will fly!

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