EADS Projects Orders for 300 Airbus Aircraft This Year
EADS expects its Airbus unit to capture new gross orders for up to 300 aircraft this year, “even if it is becoming more challenging in the current market e
EADS expects its Airbus unit to capture new gross orders for up to 300 aircraft this year, “even if it is becoming more challenging in the current market environment,” according to a company statement attached to its first-quarter earnings release. Based on a stable delivery assumption and a conversion rate of €1 to $1.39, EADS predicts that revenue should run roughly in line with last year’s.
EADS’s projections for Airbus come after the European airframe builder struggled to maintain a positive net order tally. By the end of April the company had logged gross firm orders for 30 airplanes and cancellations of orders covering 19, giving it a net order total of 11 airplanes for the year.
