Dude, you're the one in the hole and digging deeper.
SomebodyInTLS is right: what you quoted said "The obligation to repay the LA/MSF is therefore triggered only if there is an aircraft delivery". Meaning all Airbus programs will have to repay since all, so far, have delivered at least one frame.
Keep spinning your own words, you're digging deep and fast.
Dude, SomebodyIN TLS wrote:
"AN AIRCRAFT DELIVERY". The only time there will be NO repayment is if NO aircraft are delivered. It doesn't have to be a SUCCESSFUL programme - merely a LAUNCHED programme. In which case the terms are that full repayment is eventually due.
This is not true. What I'm taking issue with is what's in bold, not whether one delivery triggers repayment. That's just just a distraction.
Read further in the document:
6.235. Finally, the French A350XWB LA/MSF contract does not make specific provision for what is to occur in the event of discontinuation of the A350XWB programme. However, as the obligations to pay levies, interest and royalties are dependent on successful deliveries, were the programme to be discontinued, no new payment obligations would be triggered (though Airbus would have a continued obligation to pay any levies or royalties due on any aircraft already delivered).
If deliveries end prematurely, Airbus can ask that the loan be forgiven. Relief was granted for part of the A340 program. Airbus is in negotiations for A380 launch aid forgiveness. I'm certain some will be granted as well.