Airbus expects to deliver 300 planes

Published December 1, 2001

TOULOUSE, France, Nov 30: European aircraft maker Airbus expects to deliver about 300 aircraft in 2002, chairman Noel Forgeard said on Friday, cautioning that the figure was uncertain because talks with some companies on deliervery postponements have yet to be completed.

Speaking in an interview with French newspaper la Depeche du Midi on Friday, Forgeard said: “300 aircraft is the best estimate that we can make now on the issue of negotiations.”

Despite the current crisis in the aviation industry, brought on in part by the September 11 attacks in the United States, the company expected this year to deliver 320 aircraft, “which is not far from our intitial forecasts,” he said.

On Thursday, Rainer Hertrich, co-chief executive of EADS told the German newspaper Sueddeutsche Zeitung that the company could reduce production to 270 airplanes next year if the aviation market further deteriorated.

Forgeard said the crisis in the aviation industry struck just as Airbus was “preparing the development” of its superjumbo A380 airliner, which he added “is largely financed by the margins on the planes we sell.”—AFP

Opinion

Editorial

A difficult story
Updated 12 Jun, 2026

A difficult story

Unless productivity becomes the dominant target of economic policy, Pakistan will continue to oscillate between crises and fragile recovery.
Rough waters
12 Jun, 2026

Rough waters

AMONGST the key potential triggers for fresh conflict in South Asia is water. The Indian state is behaving in an...
Politicised football
12 Jun, 2026

Politicised football

ALMOST three-and-half years since Lionel Messi led Argentina to FIFA World Cup glory, the latest edition of...
GB polls’ aftermath
Updated 11 Jun, 2026

GB polls’ aftermath

The new administration must address the region’s issues proactively.
Peace in retreat
11 Jun, 2026

Peace in retreat

THE ceasefire announced in April was supposed to create space for negotiations. Instead, it has been repeatedly...
A few good men
11 Jun, 2026

A few good men

IT was a brave move, no doubt. This Tuesday, in the land of the Afghan Taliban, a few good men decided to take a...