Airbus expects another record year in 2005

Airbus expects another record year in 2005

With a record number of orders, a record number of deliveries and a record backlog, Airbus CEO faces the future confidently.

21 November 2005

With a record number of orders, a record number of deliveries and a record backlog, Airbus CEO faces the future confidently.

Airbus’ press conference at the Dubai Airshow took place immediately after the announcement of Kingfisher, reinforcing the positive outlook expressed by Airbus senior management represented by Gustav Humbert, CEO and President, John Leahy COO Customers and Charles Champion, COO and Head of A380.

“In the first 10 months of the year, Airbus has won some 500 orders . By comparison, in 2004 we sold 370 aircraft so this is already a very good year and will be a record year,” said Gustav Humbert.

He added that particularly in the Middle East region, traffic growth would achieve a 15 per cent increase, more than twice the world average.

Discussing market share, Gustav Humbert expressed his belief that competition was healthy. “We don’t want to dominate the market, nor do we want to be dominated. What really matters to me as CEO of Airbus is profitability for our shareholders and customer satisfaction.”

Another very important positive feature of this year is the level of backlog, which at the end of October reached a record figure of nearly 1,700 aircraft.

The number of deliveries also contributes to Airbus’ positive outlook. “For the third year in a row, we are going to deliver more aircraft than our competitor with 370 this year and more than 400 next year,” he said. This leads to a considerable increase in production which is slated to go up to 30 A320 Family aircraft per month next year and 32 in 2007 between Toulouse and Hamburg, “the highest rate ever for any civil airliner programme in history, he concluded”.