Airbus' sales of A380 mega-transports are ahead of predictions, but the
company soon could be confronted with a Boeing 747 Advanced while the
proposed 7E7 Dreamliner is rapidly moving toward launch and is
increasingly expected to receive the go-ahead by next year.
Although the economic downturn, post-Sept. 11, 2001, damages and the
severe acute respiratory syndrome continue to seriously affect the
airline industry and the commercial transport market, a touch of
optimism emerged here last week. Said Alan Mulally, president and CEO of
Boeing Commercial Airplanes: "Our best estimates are that we will be
back to 2000 levels by the end of this year and return to more
deliveries by 2005." He added that after taking into account deferrals
and cancellations, Boeing plans to deliver 280 aircraft this year and
275-300 in 2004.
Airbus Chief Executive Noel Forgeard echoed similar short-term
predictions by confirming his company's plan to deliver 300 aircraft in
2003, "an achievement in the current context." He warned that the next
three years will continue to be difficult and that Airbus' strategy of
caution will not be revised despite this year's vigorous sales start.
However, Airbus expects to secure orders for no more than 250 aircraft
in 2003.
SINCE JAN. 1, the European manufacturer has secured an impressive 222
firm orders for commercial transports and has celebrated the long
delayed go-ahead of the A400M airlifter, a milestone in Airbus' plan to
acquire more business in the global defense market.
Two Middle East carriers, Emirates and Qatar Airways, have largely
dominated Airbus' first half with major contracts. Dubai-based Emirates
last week signed a $12.5-billion order for an additional 21 A380s, 18
A340-600 Higher Gross Weight aircraft and two ultra long-range
A340-500s. In addition, Emirates will lease two more A380s from the
International Lease Finance Corp. (ILFC).
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