Airbus 2010 Annual Report Download - page 64

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CONTINUING SUCCESS
42
EADS ANNUAL REVIEW 2010
A400M on track
Following the new time schedule agreed with the
European launch customer nations, the A400M
programme is on track for delivery to the first customer,
the French Air Force, by the end of 2012/early 2013.
The four development aircraft now flying have
accomplished more than 1,000 flight hours in over
300test flights. Series production starts in 2011, and civil
certification is planned for late 2011.
The total number of aircraft orders stands at 174, with
orders from the European launch nations and Malaysia.
Airbus Military estimates the export market for these
versatile transport aircraft at around 400 up until 2030.
A330 MRTT achieves certification
The A330-based Multi-Role Tanker Transport (MRTT)
reached the final stage of production, as civil and military
safety certification was achieved. Two MRTT were awaiting
delivery to the Royal Australian Air Force at the end of 2010.
A further five MRTT were making test flights at the year
end, with four undergoing conversion. An A330 MRTT
for the UK Royal Air Force successfully completed a series
of dry contacts with a receiver aircraft.
Airbus Military’s revenues reached €2.7 billion, an increase
compared to 2009 (€2.2 billion). Higher A400M revenue
recognition was partially offset by lower revenues from
refuelling aircraft and medium and light transport aircraft.
A400M revenue recognition in 2010 was based again
on the milestone achievement methodology.
Airbus Military reported an EBIT* of €21 million (€-1.75billion
in 2009), as the A400M impact was neutral in 2010
compared to the significant loss of 2009.
Airbus Military
A400M production A330 MRTT
(€m)
Revenues
Self-financed R&D
EBIT*
Order intake
Order book
2010 2009 Variation
2,684 2,235 +20%
10 13 -23%
21 -1,754 -
152 637 -76%
22,819 20,686 +10 %
2010 2009 Variation
20 16 +25%
241 250 -4%
In number of aircraft
Deliveries
Order book