EADS reported its first quarter earnings and in the process reiterated plans to fly the Airbus A350 in June.
Speculation remains rampant that Airbus will fly the airplane in time for the Paris Air Show.
Meantime, sales for the giant A380 languish, with open delivery slots in 2015–the year Airbus has said the program will break even. Like the rival Boeing 747-8I, sales of the Very Large Aircraft have stagnated while sales of the Big Twin engined airplanes have flourished. Airbus, like Boeing on the 747-8, took a huge write off years ago on the A380 program.
Airbus is sticking with its 20 year forecast of 1,300 VLA Passenger sales for Airbus and Boeing, and officially expects to capture 50% of the market. We’ve believed the forecast to be, kindly, optimistic. But the A380 has nearly 90% of the VLAP market and we expect this to remain the case. Airbus might reach its goal of 650 sales over 20 years, but even this is likely to be generous. This are new sales on top of the 272 already sold.
In a lawsuit between Rolls-Royce and Pratt & Whitney a few years back, it was revealed Airbus expected 630-650 program sales, which means about 42% of the sales have already been reached. (It took Boeing nearly 40 years to reach 1,300 747 sales, and for a time the 747 held a monopoly in the “jumbo jet” market). No orders for the A380 have been booked so far this year.