Airbus hints it plans 100-seat jetliner
Article Abstract:
Airbus Industrie appeared to have suggested intentions to develop a new 100-seat jetliner by shrinking its 124-seat A319 aircraft to further broaden its product line. A 100-seat plane goes not with an all new airplane, but for a minimum-change configuration aircraft known as A319M5 or an A319 minus five fuselage frames. Airbus sales chief John Leahy cautioned that no final decision has been reached, but said a 100-seat plane from an exiting configuration would bear minimal development costs. Leahy added that the firm is making efforts to put together a pricing formula for such a plane so it would profitable, but still attractive to airlines.
Comment:
Appears to suggest intentions to develop 100-seat jetliner by shrinking 124-seat A319 plane to further broaden its product line
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 1998
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Airbus-China jet plan appears doomed
Article Abstract:
Airbus Industrie and China's partnership for the 100-seat jet, so-called AE31X, appears to have broken off. People privy to developments said talks have stalled for lack of a money-making strategy for the planned aircraft. Aside from this, there have been differences on where the plane should be certified and on the amount of job to be conducted in Europe and Asia. Industry sources added that profits seem to be nil considering that nonrecurring development costs are placed at around $2 million to $3 million and the selling price could be $20 million each jet.
Comment:
And China's partnership for the 100-seat jet, so-called AE31X, appears to have broken off
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 1998
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European aerospace firms' revenue increased 17% in 1997 on export growth
Article Abstract:
The sales revenues of European firms involved in the aerospace business jumped by 17% in 1997 to 55.3 billion European currency units ($59.89 billion). The increase, traced to improved exports that now accounts for 60% of the total revenues, comes despite the continuing decline in the firm's home government expenditures, currently at 25% of total sales. The European firms also posted an operating- profit level of 4.3% for 1997 aided by the favorable monetary exchange rate but still 2% lower than their US counterparts.
Comment:
Europe: The sales revenues of firms involved in the aerospace business jumped by 17% in 1997 to 55.3 bil European currency units
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
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