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 followed Monday’s spectacular order flourish with a strategically important pair of contracts for members of its A330 family.
Mettis Aerospace (Hall 2B Stand J14A) has signed a three-year, $47-million contract with Spirit Aerosystems to supply forged aluminum and titanium wing-structure components for the Airbus A320 from 2008. The two companies also work together on A321 and A340 aircraft.
As the A400M program gathers force, Airbus Military has chosen Thales as its preferred partner for training systems. A formal agreement covers the delivery of full-flight simulators to AMSL, plus an MoU for the provision of training solutions to France and the UK. AMSL and Thales will pool their considerable resources to provide training systems and services for A400M customers.
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.
CFM International is having a bumper airshow, announcing more than $2 billion of contracts by the end of Tuesday and with more deals worth potentially another $200 million due to be signed today.
Saab Avitronics has succeeded in an intense competition to supply the Airbus A400M military transport with its lifetime monitoring system, the first of which is due for delivery in 2009. The revenue from this deal could exceed $7.1 million and last for more than 10 years. Production of the LTMS will be conducted at the Saab Avitronics plant in Centurion, one of three it operates in South Africa in addition to four in Sweden.
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.