Huge Airbus order
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Discussion

Kenty

Original Poster:

5,286 posts

204 months

Thursday 28th January 2016
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Iran today signed agreements for 118 Airbus aircraft, split among 73 widebodies and 45 single aisle. The agreements, which include orders for 21 A320ceo family, 24 A320neo family, 27 A330ceo family, 18 A330neo (-900), 16 A350-1000, and 12 A380 aircraft, will modernize Iran Air's current fleet, which currently includes older generation Boeing and Airbus aircraft.

Not seen the engine choice as yet but this has to be great for Airbus, European jobs and British jobs.

itwasntandy

478 posts

237 months

Thursday 28th January 2016
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Kenty said:
Iran today signed agreements for 118 Airbus aircraft, split among 73 widebodies and 45 single aisle. The agreements, which include orders for 21 A320ceo family, 24 A320neo family, 27 A330ceo family, 18 A330neo (-900), 16 A350-1000, and 12 A380 aircraft, will modernize Iran Air's current fleet, which currently includes older generation Boeing and Airbus aircraft.

Not seen the engine choice as yet but this has to be great for Airbus, European jobs and British jobs.
r.e. Engine choices. 330neo + A350 are both guaranteed to be Rolls Royce.

would wager the 330ceo and 380s will also be RR powered

Trevatanus

11,349 posts

179 months

Thursday 28th January 2016
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A dozen A380's!

I wonder if this could be the start of the model finally having some success?

williamp

20,380 posts

302 months

Thursday 28th January 2016
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Trevatanus said:
A dozen A380's!

I wonder if this could be the start of the model finally having some success?
They have orders for 319 of them. Dont know where the breakeven is, but that is impressive to me.

Mknd you, the numbers are impressive:

"....bringing the year’s net orders to 1,036; while the 79 jetliners provided to customers during the month raised the 2015 total to a new annual record of 635 deliveries.

Based on the orders and deliveries activity, Airbus achieved a year-end industry record backlog of 6,787 aircraft as of 31 December – representing a combined value of $996.3 billion at list prices, and providing a volume equivalent to 10 years of production at current rates....."

Simpo Two

92,663 posts

294 months

Thursday 28th January 2016
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One always has the impression that Iran is poor. Evidently not. As they haven't been selling oil due to sanctions where's it come from?

Blaster72

12,565 posts

226 months

Thursday 28th January 2016
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Simpo Two said:
One always has the impression that Iran is poor. Evidently not. As they haven't been selling oil due to sanctions where's it come from?
It's all on credit as usual.

Trevatanus

11,349 posts

179 months

Thursday 28th January 2016
quotequote all
Simpo Two said:
One always has the impression that Iran is poor. Evidently not. As they haven't been selling oil due to sanctions where's it come from?
They obviously know what oil stocks they have, and I don't imagine they will have to write a chequs to Airbus for x billion

Wombat3

14,978 posts

235 months

Thursday 28th January 2016
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Trevatanus said:
They obviously know what oil stocks they have, and I don't imagine they will have to write a chequs to Airbus for x billion
4th largest known reserves I think

markmullen

15,877 posts

263 months

Friday 29th January 2016
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Simpo Two said:
One always has the impression that Iran is poor. Evidently not. As they haven't been selling oil due to sanctions where's it come from?
Massive oil reserves that all of a sudden it has been able to sell much more easily. At one point I heard mention of 30 days worth of world supply just sitting in floating storage and offloading units waiting for the trade restrictions to be lifted.

pbg2770

4,244 posts

133 months

Friday 29th January 2016
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Blaster72 said:
Simpo Two said:
One always has the impression that Iran is poor. Evidently not. As they haven't been selling oil due to sanctions where's it come from?
It's all on credit as usual.
Ah, yes - the 'kin neva-neva. Now, I must call Orcale finance.

C0ffin D0dger

3,440 posts

174 months

Friday 29th January 2016
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Might just keep me in a job for a while longer smile

Kenty

Original Poster:

5,286 posts

204 months

Friday 29th January 2016
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This quite a good article about A380 break even points and economics.
http://www.telegraph.co.uk/finance/newsbysector/in...

Whatever they say though, they are a great aeroplane to fly in and I go out of my way to fly on one when travelling.
I have had around 30 flights in last 5 years with 3 different carriers and all mightily impressive.

jamiebae

6,245 posts

240 months

Friday 29th January 2016
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One medium sized issue though, as there are a number of US made parts in the planes they will require an export license before they can be sold. If a hardline Republican ends up in The White House that sure as hell isn't going to happen, and if it's granted before then it'll be repealed PDQ.

RobM77

35,349 posts

263 months

Friday 29th January 2016
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Kenty said:
Whatever they say though, they are a great aeroplane to fly in and I go out of my way to fly on one when travelling.
I have had around 30 flights in last 5 years with 3 different carriers and all mightily impressive.
yes If I was to rate every passenger jet I've flown in, then the A380 would not only be in front, it would be quite a long way in front. That's a really impressive feat given how closely most people (and certainly I) would rate other modern passenger jets. I would happily pay (and have paid) extra to fly in one in preference to something else.

Regarding the article, it saddens me how the media (and most CEOs) assume companies have to constantly grow every year (see Apple and Samsung in today's news for example). What's wrong with having the A380 as a flagship model that breaks even or turns a small profit? What's wrong with failing to grow and just keeping a core set of customers happy?

Edited by RobM77 on Friday 29th January 11:10

markmullen

15,877 posts

263 months

Friday 29th January 2016
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I've flown on Emirates 380s and have to say they were very good.

Condi

20,267 posts

200 months

Friday 29th January 2016
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Blaster72 said:
Simpo Two said:
One always has the impression that Iran is poor. Evidently not. As they haven't been selling oil due to sanctions where's it come from?
It's all on credit as usual.
Not so sure of that. They are a very technologically advanced country because sanctions have forced them to produce stuff in house, and they have some good engineers. They sell quite a lot of weapons, drones, computer software etc.


Blaster72

12,565 posts

226 months

Friday 29th January 2016
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Condi said:
Blaster72 said:
Simpo Two said:
One always has the impression that Iran is poor. Evidently not. As they haven't been selling oil due to sanctions where's it come from?
It's all on credit as usual.
Not so sure of that. They are a very technologically advanced country because sanctions have forced them to produce stuff in house, and they have some good engineers. They sell quite a lot of weapons, drones, computer software etc.
It was a statement of fact, not a throwaway comment. It's all on credit as usual.

ft said:
Iran is expected to secure international financing for the purchase through sale and leaseback of the aircraft. Mr Brégier said he expected export credit agencies from France, Germany and the UK to help with that part of the deal. Airbus itself might offer some temporary financing for a few aircraft while the new funding is put in place.
http://www.ft.com/cms/s/0/ac4189d8-c5da-11e5-b3b1-...

More good news for Airbus today too, 3 more A380's sold - to ANA this time.

Edited by Blaster72 on Friday 29th January 20:18

Evanivitch

26,297 posts

151 months

Friday 29th January 2016
quotequote all
williamp said:
They have orders for 319 of them. Dont know where the breakeven is, but that is impressive to me.

Mknd you, the numbers are impressive:

"....bringing the year’s net orders to 1,036; while the 79 jetliners provided to customers during the month raised the 2015 total to a new annual record of 635 deliveries.

Based on the orders and deliveries activity, Airbus achieved a year-end industry record backlog of 6,787 aircraft as of 31 December – representing a combined value of $996.3 billion at list prices, and providing a volume equivalent to 10 years of production at current rates....."
Airbus didn't have any orders for the A380 in 2015, which considering they made the call that Big was Better going forward is a huge disappointment for them. Boeing on the other hand took the philosophy that better economy would come from the B787 philosophy. B787 sales are doing well, but the rest of the Airbus family is certainly pulling its weight.

hairyben

8,516 posts

212 months

Saturday 30th January 2016
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Evanivitch said:
Airbus didn't have any orders for the A380 in 2015, which considering they made the call that Big was Better going forward is a huge disappointment for them. Boeing on the other hand took the philosophy that better economy would come from the B787 philosophy. B787 sales are doing well, but the rest of the Airbus family is certainly pulling its weight.
A380 vs. B787 has been done to death and was never more was fiction though, a media hyped spat. The future big breadwinners were always twins which was why airbus while promoting the 380 as the best thing since sliced bread has invested heavily in 330neo, 350 etc.

Boeing has "only" built 1500 747's of all types in 4 decades so there was never a massive market, but there will be a decent little market replacing lots of those ageing 747-400's over the next few years. Airbus should just keep promoting it as the plane that boeing said couldn't be done, build the bigger variants, they don't have to invest in it too heavily now as it basically has no competician. And perhaps flog untold numbers of twins off the back of the 380 with airlines wanting commonality in fleets while being in the "big boys club" and running the new icon of intercontinental travel.

Evanivitch

26,297 posts

151 months

Saturday 30th January 2016
quotequote all
hairyben said:
A380 vs. B787 has been done to death and was never more was fiction though, a media hyped spat.
A media hyped spat by Airbus Engineers giving RAe presentations. .. Guess they were BD.

[quote]The future big breadwinners were always twins which was why airbus while promoting the 380 as the best thing since sliced bread has invested heavily in 330neo, 350 etc.
Agreed, but the 350 was very much a reactionary response.
[quote]
Boeing has "only" built 1500 747's of all types in 4 decades so there was never a massive market, but there will be a decent little market replacing lots of those ageing 747-400's over the next few years. Airbus should just keep promoting it as the plane that boeing said couldn't be done, build the bigger variants, they don't have to invest in it too heavily now as it basically has no competician. And perhaps flog untold numbers of twins off the back of the 380 with airlines wanting commonality in fleets while being in the "big boys club" and running the new icon of intercontinental travel.
Except the B747 is from a different era, before the massive hubs in the middle east and the cotinuuing growth in intercontinental long haul travel.

I wouldn't say the 747 is out of the game just yet, it still continues to get orders albeit at a slow but consistent pace.

Edited by Evanivitch on Saturday 30th January 13:15


Edited by Evanivitch on Saturday 30th January 13:17