“Our nine-months results are mainly driven by the performance in commercial aircraft, reflecting both the A320neo ramp-up and progress on the A350,” said Airbus Chief Executive Officer Guillaume Faury. “We are focused on the A320neo ramp-up and improving the industrial flow while managing the higher level of complexity on the A321 ACF in particular. Our nine-month delivery numbers and the updated delivery outlook for the year reflect the underlying actions to secure a more efficient delivery flow in the next years as we progress to rate 63 per month for the A320 Family in 2021. The full-year free cash flow guidance has been adjusted to reflect the revised delivery outlook while the EBIT Adjusted target is maintained. We are focused on meeting our customer commitments and preparing the production system for the future.”
On the A320 program, NEO aircraft represented 338 out of the total 422 deliveries. The production ramp-up continued for the Airbus Cabin Flex (ACF) version of the A321, which remains challenging. The ACF program will further ramp up in Q4 2019 with efforts continuing throughout 2020 to improve the industrial maturity of the program. Airbus also continues to study different options to increase the share of the A321 in current A320 Family production capacity. The ramp-up of the A330neo continued and represented 26 of the total 34 A330 deliveries over the nine-month period. Airbus continued to make good progress on A350 recurring cost convergence with the program on track to reach the breakeven target for the year.
As the basis for its 2019 guidance, the Company expects the world economy and air traffic to grow in line with prevailing independent forecasts, which assume no major disruptions. The 2019 earnings and Free Cash Flow guidance is before M&A. Airbus now targets around 860 commercial aircraft deliveries in 2019, which reflects the updated delivery schedule. Airbus maintains its expected increase in EBIT Adjusted of approximately +15% compared to 2018. Airbus now expects FCF before M&A and Customer Financing of approximately €3 billion.
GKN Aerospace strengthens Executive Committee with two new leadership appointments
GKN Aerospace has appointed Krisstie Kondrotis as President of Defense effective November 1, and Julie Smyth as General Counsel effective November 25, 2019. In their new roles, both will join the GKN Aerospace Executive Committee reporting to Hans Büthker, GKN Aerospace Chief Executive Officer.
In her newly-created role, Krisstie Kondrotis will lead GKN Aerospace’s growing Defense business and will be based in Dallas, USA. Kondrotis joins GKN Aerospace from Spirit AeroSystems where she was Senior Vice President Defense Programs and Business Development.
As General Counsel, Julie Smyth will be based in London, U.K., and will be accountable for legal, risk, compliance, and governance matters across the global aerospace business. Smyth joins GKN Aerospace from BAE systems where she was Chief Counsel for the Air Sector.
Munich Airport International and ADB SAFEGATE join forces
The international business arm of Munich Airport – the 100% subsidiary Munich Airport International (MAI) – has signed a cooperation agreement with ADB SAFEGATE.
The collaboration combines MAI’s worldwide expertise in airport development, management and operations with ADB SAFEGATE’s global presence and insight into airfield, apron and tower systems. As a single source for technology upgrades and process improvements, the cooperative efforts of both parties will support airports to meet the immense challenges posed by growing demands for air travel including capacity constraints and difficulties in expanding infrastructure.
Dr. Ralf Gaffal, Managing Director MAI, views the agreement as a logical next step after successfully working on joint projects in the past: “ADB SAFEGATE’s intelligent solutions add significantly to our expertise and we look forward to working together on exciting new projects. This unique combination of skills will help airports obtain maximum capacity, revenue and cost savings out of their existing infrastructure.”
TAP takes off with AMOS
The Portuguese flag carrier TAP together with TAP Maintenance & Engineering has inked agreements with Swiss-AS to manage in future the company-wide fleet maintenance activities with AMOS.
During the in-depth evaluation phase, all details of AMOS were extensively analyzed and questioned by TAP in order to make sure that it is the best fit for the airline as well as the M&E unit. Customer visits were organized, tender documents were exchanged and several workshops had taken place before the decision was finally taken.
中国航空网 www.aero.cn
航空翻译 www.aviation.cn
本文链接地址：GAMECO与波音进行B737-800客改货合作(2)
