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-06.23.25

Airborne-NextGen-06.24.25

AirborneUnlimited-06.25.25

Airborne-AffordableFlyers-06.26.25

AirborneUnlimited-06.27.25

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

NTSB Prelim: Piper PA-23

Pilot Also Reported That Due To A Fuel Leak, The Auxiliary Fuel Tanks Were Not Used On June 4, 2025, at 13:41 eastern daylight time, a Piper PA-23, N2109P, was substantially damage>[...]

ANN FAQ: Submit a News Story!

Have A Story That NEEDS To Be Featured On Aero-News? Here’s How To Submit A Story To Our Team Some of the greatest new stories ANN has ever covered have been submitted by our>[...]

Classic Aero-TV: One Man’s Vietnam

From 2023 (YouTube Edition): Reflections on War’s Collective Lessons and Cyclical Nature The exigencies of war ought be colorblind. Inane social-constructs the likes of racis>[...]

ANN's Daily Aero-Linx (07.03.25)

Aero Linx: Colorado Pilots Association (CPA) Colorado Pilots Association was incorporated as a Colorado Nonprofit Corporation in 1972. It is a statewide organization with over 700 >[...]

ANN's Daily Aero-Term (07.03.25): High Speed Taxiway

High Speed Taxiway A long radius taxiway designed and provided with lighting or marking to define the path of aircraft, traveling at high speed (up to 60 knots), from the runway ce>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2025 Web Development & Design by Pauli Systems, LC