Author Topic: Airbus A380 to be delayed another 6-7 months (Read 1423 times)

beet1e · « **Reply #45 on:** June 16, 2006, 04:05:20 AM »

Now then, Sparks - you know it's bad form to taint a good trollpost with the facts, but I think you're bang out of order to come up with a perfectly lucid explanation about the workforce, shortage of skilled engineers in Toulouse etc. Where do you think you are, man? This is the AH O'Club, let me remind you!

Hehe, electrical engineer - I've only just realised why your handle is Sparks!

Debonair · « **Reply #46 on:** June 16, 2006, 05:03:47 AM »

i read that A380 sucks, smells like farts & the passengers all turn queer 'cause they're in the big ghey bird.

USA!
USA!
USA!

pwnd

Ripsnort · « **Reply #47 on:** June 16, 2006, 12:40:30 PM »

Quote

Originally posted by beet1e
Now then, Sparks - you know it's bad form to taint a good trollpost with the facts, but I think you're bang out of order to come up with a perfectly lucid explanation about the workforce, shortage of skilled engineers in Toulouse etc. Where do you think you are, man? This is the AH O'Club, let me remind you!

Hehe, electrical engineer - I've only just realised why your handle is Sparks!

Plenty of facts here Beet, however picking and choosing facts that are consistent with your beliefs is called ignorance.

CMC Airboss · « **Reply #48 on:** June 16, 2006, 01:31:04 PM »

It looks like beetle may have known about this old news before the EADS co-Chairman.

Quote

Jet's Delay Shows Cracks in the Top Tier at EADS
New York Times 06/16/2006
Authors: Niclola Clark and Katrin Bennhold
c. 2006 New York Times Company

PARIS, June 15 -- As European Aeronautic Defense and Space grapples with a tumbling stock price and major delays in the delivery of Airbus's superjumbo jet, the A380, signs of tension among the top ranks are beginning to surface.

Arnaud Lagardère, the co-chairman of EADS, the parent company of Airbus, said in an interview that he had no knowledge of the delays until shortly before Airbus made its announcement on Tuesday. Airbus said that delivery of the double-decker A380, the world's biggest passenger jet, would be delayed by six to seven months, which would reduce operating profit by a total of $2.5 billion from 2007 to 2010.

CMC Airboss · « **Reply #49 on:** June 16, 2006, 01:33:55 PM »

Airbus is hitting an internal tailspin - lots of finger pointing now.

Quote

Airbus, Parent Blame Each Other Over A380 Delays
The Wall Street Journal 06/16/2006
Author: Daniel Michaels
(Copyright (c) 2006, Dow Jones & Company, Inc.)

European plane maker Airbus and its parent company European Aeronautic Defence & Space Co. headed for a major management showdown as executives traded blame for costly delays in deliveries of a key aircraft project, the A380 super-jumbo jet.

Top officials at EADS, which owns 80% of Airbus, said they learned in April that the A380 faced possible delays, the seriousness of which was confirmed by a company study completed over the weekend. EADS managers blame Airbus managers for the problems.

The recriminations bring to the fore simmering animosities between rivals and across national lines in EADS, a Franco-German industrial giant that had been considered a model of European integration. They also raise questions about communication and management oversight at the company, which was created in 2000 from the merger of aerospace companies in France, Germany and Spain.

Airbus announced Tuesday that deliveries of its double-decker A380, designed to be the world's largest passenger jet, would be postponed a further six months because of the unexpected complexity of wiring the aircraft. The A380 was already facing six months of delays, and EADS said in its Tuesday night statement that the new holdup would shave €2 billion ($2.5 billion) in operating profit between 2007 and 2010.

Yesterday an EADS executive revised the projection further, saying the delays would have a "slight effect" on the company's profitability this year as well.

The holdups -- which caused EADS shares to fall 26% Wednesday -- could put Airbus at a significant disadvantage as it battles U.S. rival Boeing Co. for dominance of the world's passenger-jet market. EADS shares rallied yesterday, closing at €20 ($25.18), up 6.8%.

In an interview with French newspaper Le Monde, EADS Co-Chairman Arnauld Lagardère was quoted as saying a probe was being launched into the latest delays in the $12 billion A380 project. Mr. Lagardère said in the interview that the investigation was aimed at determining the actions of Airbus Chief Executive Gustav Humbert. Mr. Lagardère also raised questions about the future of EADS co-CEO Noël Forgeard, who ran Airbus before Mr. Humbert. EADS spokesman Michael Hauger confirmed information in Le Monde's interview.

Mr. Forgeard himself already pointed blame toward Mr. Humbert on Wednesday during a conference call with analysts. Yet Mr. Forgeard has also drawn scrutiny for selling EADS shares less than three months before Tuesday's announcement.

Mr. Hauger, the EADS spokesman, said Airbus executives including Mr. Humbert in mid-April informed EADS managers, including Mr. Forgeard, that "some delays couldn't be avoided" but the extent couldn't be determined. Mr. Hauger said Mr. Lagardère and co-Chairman Manfred Bischoff weren't informed of the issue. EADS asked Airbus to give more detail on the problem. That study concluded this past Sunday, according to Airbus. Mr. Hauger said EADS managers learned the extent of the problem at that point.

Britain's BAE Systems PLC, which owns 20% of Airbus alongside EADS, said in a statement Wednesday that it learned the extent of the A380's problems on June 13. "While both Airbus shareholders have discussed the possibility of delays in the schedule in recent months," BAE wasn't given details until the Airbus announcement.

Ripsnort · « **Reply #50 on:** June 16, 2006, 01:42:41 PM »

Quote

Originally posted by CMC Airboss
Airbus is hitting an internal tailspin - lots of finger pointing now.

Quote

Originally posted by beet1e
Now then, Airboss - you know it's bad form to taint a good trollpost with the facts, but I think you're bang out of order to come up with a perfectly lucid explanation about the workforce, shortage of skilled engineers in Toulouse etc. Where do you think you are, man? This is the AH O'Club, let me remind you!

Hehe, mechanical engineer - I've only just realised why your handle is Airboss!

Fixed!

CMC Airboss · « **Reply #51 on:** June 16, 2006, 02:09:34 PM »

beet1e · « **Reply #52 on:** June 16, 2006, 02:47:58 PM »

Quote

Originally posted by CMC Airboss
It looks like beetle may have known about this old news before the EADS co-Chairman.

And it looks as if your news source knows about Singapore Airlines plans to order "20 Boeing 787-9 aircraft worth $4.52 billion and take options on another 20 planes" before Singapore Airlines themselves. I've just rechecked their website - there's still no report about this order.

2bighorn · « **Reply #53 on:** June 16, 2006, 03:07:20 PM »

Quote

Originally posted by beet1e
And it looks as if your news source knows about Singapore Airlines plans to order "20 Boeing 787-9 aircraft worth $4.52 billion and take options on another 20 planes" before Singapore Airlines themselves. I've just rechecked their website - there's still no report about this order.

http://www.singaporeair.com/saa/en_UK/content/company_info/press_release/NE_2606.jsp

Ripsnort · « **Reply #54 on:** June 16, 2006, 03:09:35 PM »

Quote

Originally posted by beet1e
And it looks as if your news source knows about Singapore Airlines plans to order "20 Boeing 787-9 aircraft worth $4.52 billion and take options on another 20 planes" before Singapore Airlines themselves. I've just rechecked their website - there's still no report about this order.

You better send them a complaint then Beet1e...you see, its being reported everywhere but there!
http://www.boston.com/business/globe/articles/2006/06/15/boeing_wins_452b_order_for_new_787s/

http://www.bloomberg.com/apps/news?pid=10000103&sid=aWkBf8wyVcHA&refer=us

http://www.boeing.com/news/releases/2006/q2/060614b_nr.html

Ripsnort · « **Reply #55 on:** June 16, 2006, 03:10:38 PM »

Quote

Originally posted by 2bighorn
http://www.singaporeair.com/saa/en_UK/content/company_info/press_release/NE_2606.jsp

THanks for the laugh Beet. Now my day is complete. Time to go weed the garden. (snickers)

Yeager · « **Reply #56 on:** June 16, 2006, 03:30:55 PM »

toodle pip?

weaselsan · « **Reply #57 on:** June 16, 2006, 03:50:01 PM »

Quote

Originally posted by beet1e
Could it be that Americans have their own interpretations of certain words, which differ from the rest of the world? Classic example: football. I think I picked a good time to post that one.

Beet.....I know your generally not wrapped to tight, but what does compensation have to do with football?

beet1e · « **Reply #58 on:** June 16, 2006, 06:21:04 PM »

Oh, it's there now.

So now - what do you want from me? Last time I checked, I was not an investor/shareholder in Airbus!

beet1e · « **Reply #59 on:** June 16, 2006, 06:22:40 PM »

Quote

Originally posted by weaselsan
Beet.....I know your generally not wrapped to tight

That would be "you're" and "too".