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echo: barktopus
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from: George Sherwood
date: 2007-03-03 11:34:18
subject: Re: 787 Rolls on

From: George Sherwood 

On Sun, 25 Feb 2007 09:47:05 -0500, John Beamish wrote:

> http://news.bbc.co.uk/2/hi/business/6067540.stm
>
> "The firm's parent company EADS now says it needs to sell 420 A380s to
> break even, up from a previous estimate of 270 aircraft."
>
> [snip]
>
> "But in a presentation to analysts and investors, EADS chief financial
> officer Andreas Sperl said that the planemaker still expected to sell
> more than 750 of its new planes over the life of the project."
>

And they predicted a market of 400 for the A-380 Cargo version of which
after the recent UPS cancellation there are zero.  I really think EADS is
in trouble.  Strikes and cancellation, not good for business, but the
Governments will be there with bailouts.

George

http://www.iht.com/articles/2007/03/02/business/web.0302-airbusclark.php?
page=1

United Parcel Service, the last remaining customer for the cargo version of
the Airbus's A380 superjumbo jet, said Friday that it was walking away from
its $2.8 billion order, citing concerns the troubled planemaker would not
be able to meet a revised delivery schedule agreed last week.

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