Indeed this is done already from time to timeAttention however the stress test must be well doneToday the British market undertaking is expensiveHe had already been decided to add a family memberA very juicy system and obviously leads to swelling of the costsActions on a joint basis are frequently broughtTheir year end goal has also been revised 13 million expected from local communitiesBeing the only free youth channel was a chance77 billion in published data it moves of 3Is this the return of the Sun or the euphoria of the first contracts After beginnings in the gloom, optimism seems to return to the Salon du Bourget. Thomas Enders, CEO of Airbus, the out of the crisis would be same for soon. "We believe that we are close to an end of the crisis and that 2010 will be the year of the recovery", he said yesterday. Airbus is "rather well", he continued, recalling that the aircraft manufacturer engage as many airplanes this year than in 2008 (483 aircraft) and did not, at this stage, further reduce production or cut in the workforce.
As the harvest of commands, rather rare in the first quarter, Tom Enders reiterated the objective of 300 new orders for 2009 by announcing new contracts by the end of the show. In two days, the aircraft manufacturer has already won not less than 56 firm orders (46 long-haul A320s and ten A350 Family A320) with a total value at the catalogue price, $ 6.5 billion. Before the show, the aircraft manufacturer had won only 11 net orders since the beginning of the year.
Icing on the cake
Yesterday was particularly animated with successive announcements with a "VIP" Airbus A320 to $ 77 million by a rich Asian client, five A320 single aisle by the philippine company Cebu Pacific for 384 million dollars, and 16 other A320 A321 for Viet Nam Airlines (with an option to purchase the two A350) for $ 1.4 billion haul. Icing on the cake: a firm order for ten A350-900 by the company "low cost" Malaysian AirAsia, a value of $ 2.4 billion.
With this new contract, the future long-haul Airbus Jet, scheduled for the entry into service in 2013, total now 493 firm orders, and may well cross the Cape of 500 by the end of the show. Only shadow table for Airbus: the absence of the Spanish Minister to the meeting of the Ministers of transport of the Airbus partners countries, day before yesterday, later referred the decision on repayable advances, which should cover about a third of the cost of the program, estimated at EUR 11 billion. Despite this setback, the CEO of Airbus expressed "confidence". Indeed, the two main contributors, the France and the Germany confirmed their commitment to fund the A350 at height of 1.4 billion for the first and $ 1.1 billion for the second. Great Britain, without advance sales, also reaffirmed its agreement in principle.
But the still unexplained the Spanish absence has relaunched speculation about a possible blurs between Airbus and Madrid, that Thomas Enders denials were not enough to dispel. "From the point of view of Airbus, there is no dispute with the Spanish Government", he said. Of all the countries concerned, it is the Spain which has benefited the most from the growth of Airbus, with a load of work increased from 4 to 10 today, with the A350.
The CEO of Airbus also assured that he was "not surprised" statements of protest by Boeing on repayable advances. The US aircraft manufacturer is declared "very disappointed" that its European competitor has to use this method, while a complaint on this matter is pending before the World Trade Organization. "Since 1993, we have returned to the States 40 more that what we have received from them, says Airbus pattern." Not only we reimburse these loans, but we also pay some royalties. Even the British Government acknowledged that the repayable advances were a good deal.