Northern Ireland Aviation Enthusiast's Forum

General Aviation Discussion => Aviation News => Topic started by: casper on November 08, 2006, 09:52:14 AM

Title: Airbus A380 woes push EADS to loss
Post by: casper on November 08, 2006, 09:52:14 AM

Airbus parent EADS posted a third-quarter operating loss on Wednesday after it took 1 billion euros (670 million pounds) of charges as it grapples with costly production problems at its A380 superjumbo programme.



The loss before interest and taxes and before goodwill impairment and exceptional items was 239 million euros, compared with a year-earlier profit of 559 million.



http://business.scotsman.com/latest.cfm?id=1653282006

Title: Airbus A380 woes push EADS to loss
Post by: Tomcatboy48237 on November 09, 2006, 02:23:09 AM

Don't forget about the cancelled A380F order by FedEx the other day.

Title: Airbus A380 woes push EADS to loss
Post by: casper on November 09, 2006, 09:32:37 AM

Didn't hear about that. Have you anymore details?

Title: Airbus A380 woes push EADS to loss
Post by: Tomcatboy48237 on November 10, 2006, 04:21:11 AM

Well FedEx cancelled their order for 10 A380Fs, and at the same time announced an order for 15 777Fs with options for 15 more.  I believe that makes them the launch customer for the 777F, but I could be wrong.  The only remaining orders for the A380F are 10 from UPS and 5 from ILFC, a leasing company.

Title: Airbus A380 woes push EADS to loss
Post by: casper on November 10, 2006, 01:44:17 PM

Found this small piece on it



http://www.janes.com/transport/news_briefs/jwa/article/jwa061108_03.shtml