10 November 2008

Ouch Airbus ends the month in the loss column

Despite the mega order from Grupo Marsans - Airbus has actually bad news to report. it has 71 orders that were canceled during October.

while this may seem a lot (it is) there is some sanity behind this. The biggest loss which takes the year to date losses to 119 cancellations comes from a single customer - Skybus's order for 65 aircraft has actually been formally canceled. This gets Airbus off the hook for all those A319s it might have been forced to build for the defunct Columbus based carrier.

So far I have not been able to see what Boeing's numbers are - I suspect they will reflect a similar number but that is pure speculation on my part. Anyone from Boeing care to comment?


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