Manufacturing Industry
Airbus needs to sell 300 A380 aircraft - claim
Airline Industry Information, March 9, 2005
AIRLINE INDUSTRY INFORMATION-(C)1997-2005 M2 COMMUNICATIONS LTD
Airbus, a European aircraft maker, needs to sell about 300 of its new A380 aircraft to break even.
According to a spokesman for EADS, which owns 80% of Airbus, the aircraft maker needs to sell about 300 aircraft even if the euro-US dollar exchange rate remains at 1.30 for years, Reuters reported. The statement by the official reportedly confirmed comments made by Philippe Camus, EADS co-director.
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