Midnight Mike
2006-03-29, 05:29 PM
What a bad day for Airbus, what should have been a good day for Airbus, with the successful evacuation testing of the A380, turns into a bad one.
Steve Hazy (head of the ILFC) & the head of GECAS were in a meeting with 600 executives from around the aviation industry & proceeded to talk down the A350. For those that don't know, ILFC & GECAS are two of the largest companies that purchase aircraft, ILFC alone owns about 800 aircraft, which is larger than most airlines.....
Truly devastating, as Airbus was in the audience......
http://seattletimes.nwsource.com/html/b ... ing29.html (http://seattletimes.nwsource.com/html/boeingaerospace/2002896362_boeing29.html)
Udvar-Hazy said in the interview that as a leasing company attuned to an airplane as a long-term financial investment, "we want to have long-term residual value in the A350. ... We're not interested in a Band-aid reaction to the 787."
He said sales of the superjumbo A380 - at best "300 or 400 airplanes," he estimated - cannot compensate for missing out in the much larger midsize wide-body market.
http://www.heraldnet.com/stories/06/03/ ... iss001.cfm (http://www.heraldnet.com/stories/06/03/29/100bus_corliss001.cfm)
Hazy predicted that Airbus will announce even more changes to its A350 design by the Farnborough Air Show this summer, to better compete with Boeing's 787.
The problem, he said, is that the A350 is a hybrid incorporating a some of the technology advances Boeing has put into the 787, but it is still firmly wedded to Airbus' traditional product lines and is not different enough from the A330, which it is supposed to replace.
In terms of its fuselage size, "it's still an old A300," Hazy said. "It's not optimized. It's not where the 777 and 787 are."
Steve Hazy (head of the ILFC) & the head of GECAS were in a meeting with 600 executives from around the aviation industry & proceeded to talk down the A350. For those that don't know, ILFC & GECAS are two of the largest companies that purchase aircraft, ILFC alone owns about 800 aircraft, which is larger than most airlines.....
Truly devastating, as Airbus was in the audience......
http://seattletimes.nwsource.com/html/b ... ing29.html (http://seattletimes.nwsource.com/html/boeingaerospace/2002896362_boeing29.html)
Udvar-Hazy said in the interview that as a leasing company attuned to an airplane as a long-term financial investment, "we want to have long-term residual value in the A350. ... We're not interested in a Band-aid reaction to the 787."
He said sales of the superjumbo A380 - at best "300 or 400 airplanes," he estimated - cannot compensate for missing out in the much larger midsize wide-body market.
http://www.heraldnet.com/stories/06/03/ ... iss001.cfm (http://www.heraldnet.com/stories/06/03/29/100bus_corliss001.cfm)
Hazy predicted that Airbus will announce even more changes to its A350 design by the Farnborough Air Show this summer, to better compete with Boeing's 787.
The problem, he said, is that the A350 is a hybrid incorporating a some of the technology advances Boeing has put into the 787, but it is still firmly wedded to Airbus' traditional product lines and is not different enough from the A330, which it is supposed to replace.
In terms of its fuselage size, "it's still an old A300," Hazy said. "It's not optimized. It's not where the 777 and 787 are."