Airbus 2010 Annual Report Download - page 62

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CONTINUING SUCCESS
40
EADS ANNUAL REVIEW 2010
Evolving short-range Family
Responding to demand for more eco-efficient aircraft,
Airbus decided to offer its best-selling A320 Family
in a new optional configuration with fuel saving engines.
In addition to significant fuel and CO2 savings, the A320neo,
which also incorporates fuel-saving wing tip devices called
Sharklets, offers a double-digit reduction in NOx emissions,
quieter engines, lower operating costs and up to 500nm
(950km) more range (two tonnes more payload).
Virgin America became a first customer in 2010,
and IndiGo, India’s low-cost airline, signed early in 2011
a memorandum of understanding to buy 150 A320neo
and 30 A320. In total, the A320 Family, which serves the
short-haul market, won 416 net orders and the total order
backlog increased to 2,418 at the year end (2,403 in 2009).
Airbus delivered 401 A320 Family aircraft in the year.
The production rate was increased from 34 to 36 aircraft per
month in 2010. The rate will increase to 38 per month in the
latter half of 2011 and 40 per month in early 2012.
The new long-range aircraft
The A350 XWB continued to win strategic customers,
boosting the total orders for the Family to 583 and the
number of customers to 36. Within a short period of time,
Airbus Commercial
Airbus Commercial revenues amounted to €27.7 billion
(2009: €26.4 billion) despite exchange rate deterioration,
reflecting increased deliveries, a higher proportion of larger
aircraft, including A380, and pricing improvement. In spite
of the growth of revenues, EBIT* decreased to €291million
(2009: €386 million), mainly due to hedge rate deterioration.
High costs on the A380 programme continued to weigh
significantly on EBIT*. Looking to the mid-term, however, at
2010 exchange rate levels profitability should strengthen due
to higher volumes, better pricing on delivered aircraft and
efficiency gains on A380 production.
A330-200F The A350 XWB building is equipped with solar panels
(€m)
Revenues
Self-financed R&D
EBIT*
Order intake
Order book
2010 2009 Variation
27,673 26,370 +5%
2,311 2,293 +1%
291 386 -25%
68,210 23,461 +191%
378,907 320,321 +18%
2010 2009 Variation
510 498 +2%
3,552 3,488 +2%
In number of aircraft
Deliveries
Order book