How Bad is Airliner Industry Economy? | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Most Recent Daily Episodes

Episode Date

Airborne-Monday

Airborne-Tuesday

Airborne-Wednesday Airborne-Thursday

Airborne-Friday

Airborne On YouTube

Airborne-Unlimited-04.29.24

Airborne-NextGen-04.30.24

Airborne-Unlimited-05.01.24 Airborne-AffordableFlyers--05.02.24

Airborne-Unlimited-05.03.24

Wed, Feb 12, 2003

How Bad is Airliner Industry Economy?

Ask Airbus.

An AP story says that the value of Airbus's new orders, "...dropped by nearly 49 percent in 2002 as airlines bought fewer planes amid a global aviation slump."

Revenues dropped just 5% (to $21.1 billion), perhaps giving a glimpse of the level of financial commitment a customer must make, in order for Airbus to book an order. Reflecting the deep discounting that permeated Airbus's order book last year (as well as a shift in the mix, with no A380 orders' received), the AP said that orders were down 15%, from 274 to 233.

The fledgling military A400M (below) program, facing either extinction or huge cost overruns due to certain nations' reneging on pledged orders, was not addressed in the report.

AP did, though, note that, while the 2001 order numbers were helped by the A380, that super-behemoth didn't play a part in 2002's numbers. The 85 launch-year orders are a long way from the 1800 or so that Airbus was predicting just three years ago, however.

Bright spot in the EADS constellation was Eurocopter; the Ariane program's financials are best not talked about.

FMI: www.airbus.com

Advertisement

More News

ANN's Daily Aero-Linx (05.02.24)

Aero Linx: Model Aeronautical Association of Australia MAAA clubs are about fun flying, camaraderie and community. For over 75 years, the MAAA has been Australia’s largest fl>[...]

ANN's Daily Aero-Term (05.02.24): Touchdown Zone Lighting

Touchdown Zone Lighting Two rows of transverse light bars located symmetrically about the runway centerline normally at 100 foot intervals. The basic system extends 3,000 feet alon>[...]

Aero-News: Quote of the Day (05.02.24)

“Discovery and innovation are central to our mission at Virgin Galactic. We’re excited to build on our successful record of facilitating scientific experiments in subor>[...]

ANN FAQ: Contributing To Aero-TV

How To Get A Story On Aero-TV News/Feature Programming How do I submit a story idea or lead to Aero-TV? If you would like to submit a story idea or lead, please contact Jim Campbel>[...]

NTSB Final Report: Cirrus Design Corp SR20

Student Pilot Reported That During Rotation, “All Of A Sudden The Back Of The Plane Kicked To The Right..." Analysis: The student pilot reported that during rotation, “>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2024 Web Development & Design by Pauli Systems, LC