Calling the problems associated with A380 production "a major shock for Airbus and a major disappointment to all our stakeholders," EADS co-CEO and Airbus President and CEO Louis Gallois yesterday said the manufacturer "most probably" will report negative EBIT for 2006 and will trail Boeing in aircraft orders for the first time since 2000. Airbus booked 790 net aircraft orders in 2006 for a 43% market share (a 40% share by transaction values) compared to Boeing's record 1,044 net orders. ...

Subscribe to Access this Entire Article

"Airbus likely to report negative 2006 EBIT as Boeing wins orders race" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions?

Already registered? here.