Huge: the long-haul Airbus A380
Not good news for Airbus: Only later, the first delivery of the new widebody A350, then speaks of the Board at the Investor Day in London on the possible end of the world’s biggest passenger jet A380. Because in the next year but also the Group’s profit is expected to stagnate, shareholders reacted in panic and sell their shares. The Airbus stock closed Wednesday night with minus ten percent off the market and was last in MDax German and the French CAC 40 index. ‘/ P>
For further disillusionment caused Qatar Airways: Actually, the airline should take from the Arab emirate of Qatar, the first A350 engine this Saturday at reception. But now informed the airline that the transfer had been postpo ned until further notice. The ceremony turns out – at first without notice
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Airbus CEO Tom Enders joined in the afternoon against the fear of more serious problems. “The A350 is ready for delivery,” he said. He was confident that the transfer successes soon. Airbus had long set an appointment before the end of 2014 for the first delivery. From the end of the decade, the aircraft manufacturer wants to earn money with the A350.
On the way to more profits Airbus is in the next year, however, before a losing streak. Adjusted for sporadic effects operating earnings will stagnate 2016 and 2017 only to rise again, announced Chief Financial Officer Harald Wilhelm. Reasons for this are the construction of the A350 production and output gap in the 20 years-old, slightly smaller long-haul A330 models.
Meanwhile, modernized version should be ready by the name A330neo until the end of 2017. “We need to bridge three years in the production until the A330neo is first delivered,” Enders said. The A330 Airbus production must temporarily shut down. This will have a negative impact on sales and profits.
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Meanwhile, let the lack of new orders for the world’s biggest passenger jet A380 think the Board on a drastic step. The Group will equip either the type of aircraft from 2018 with more fuel-efficient engines or cease production, said Chief Financial Officer William. A modernization had demanded A380 Emirates United customer. The company has appointed more than 40 percent of all A380s with 140 jets. Enders made it clear that a modernization of the A380 would be expected for Airbus. The Board would “not allow the load to our profit.”
The aircraft manufacturer advertises for years to new customers for the double-decker jet, which he had delivered the first time in 2007. To date, Airbus has received orders for 318 copi es of the A380. That’s just over a quarter of the demand, the manufacturers had expected during development. Since January, only one customer has ordered twenty copies of the A380. But Airbus must annually deliver about 30 machines, so that the production rate. In any case, Airbus has never earned the A380 money: It was not until the next year the model should yield some profit for the first time, but from 2018 threaten the orders to go out
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