The GE Aviation /Pratt & Whitney Engine Alliance, which builds the GP7200 powering the Airbus A380 flying at the show, is ready to offer a powerplant solution for the A350XWB, if Airbus and GE fail to reach agreement.
Desperately keen to present a positive image here at Le Bourget following the past two years’ industrial troubles, Airbus is working to ensure the support of production-line workers for its proposals to rationalize the business. Airbus plans to improve earnings before interest and tax by a cumulative $6.6 billion during by 2010 and to generate an additional $2.8 billion annual revenue from 2010.
An International Lease Finance Corporation (ILFC) order for 50 Boeing 787s, plus conversion of two previously unannounced options (booked earlier this year along with a 777-300ER, for which ILFC was the launch customer) has brought total announced orders for the new twin-aisle twinjet to 634 from 45 customers since its launch in April 2004.
Airbus chief executive Louis Gallois declared yesterday that the European consortium “is back, fully back,” from an odyssey through one of the most trying two years in its history. Any such pronouncement made a day early would no doubt have elicited a hearty belly laugh or two within the Boeing chalet.
Airbus looked intent on making up for two years of persistent hits to its credibility virtually all at once yesterday with a nearly uninterrupted string of sales, order “commitments” and MoU announcements, led by firm orders for 80 A350 XWBs from Qatar Airways and 60 A320s from GE Commercial Aviation Service.
Rolls-Royce is celebrating its biggest ever civil engines order, a $5.6 billion deal for Trent XWBs to power Qatar Airways’ 80 Airbus A350 XWBs, and it is set to announce even more orders for the engine during the show.
US Airways has also committed to the engine for its 22 A350s in a $1.8 million deal. Both contracts include Rolls-Royce’s TotalCare long-term services agreement.
Aircraft leasing company General Electric Commercial Aviation Services (GECAS) has converted options held on six GE90-110B1L-powered Boeing 777F cargo aircraft, bringing its 777 fleet to 39, of which 15 have been delivered. The latest order, which can be changed to cover passenger variants, brings GECAS 777F orders to 14 and its total Boeing fleet to 378.
The next 30 days or so will be critical to the future of Airbus and its EADS parent company as top executives struggle to push through the core elements of the European airframer’s Power8 restructuring plan.
Barely a month has passed since what formerly traded as Smiths Aerospace formally became General Electric Aviation Systems at the closing of the U.S. engine maker’s $4.8 billion acquisition of the business. But according to the new division’s president, Dr.
Leading French equipment maker Latécoère may take over one of the three sites for which Airbus is seeking a strategic industrial partnership under its Power8 plan. At the same time, it may also open a new division to manufacture composite panels for the European airframer’s new A350XWB airliner.