Wed, Mar 15, 2006
Losing Ground To B777
Citing a wide discrepancy in orders last year of Airbus A340
against its Boeing 777 competition, an executive with the European
Aeronautic Defense and Space company said Airbus is considering
cutting production of the widebody jet.
"It could be," EADS co-Chief Executive Tom Enders said at a
Monday news conference, when he was asked whether A340 output would
be reduced. "It's too early to say. We don't panic because we had a
Although Airbus claimed the sales record yet again for 2005 with
1,055 net orders -- beating Boeing by 53 -- the A340 (photos, above
and below) was not a significant contributor to the total.
The Seattle Post-Intelligencer reports only 15 A340s were
ordered last year, compared to 155 777s -- allowing Boeing to claim
55 percent of the profitable widebody market for 2005, on its way
to a still-respectable 1,002 net order total.
The Boeing jet's twin-engine configuration and better fuel
efficiency are seen as major advantages over the four-engine
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