Airbus Group

[CityFarmer]

It is a capital intensive biz, and risky one. There must be a very lucrative biz by projection. Who are the service providers in the cabin now?

(not vested)

Airbus to build satellites for OneWeb to beam Internet from space

CAPE CANAVERAL (Florida) — Europe’s Airbus Group will design and build about 900 satellites for privately owned OneWeb, which plans to offer high-speed, space-based Internet access to billions of people worldwide, company officials said yesterday (June 15).

About 700 of the satellites, each of which will weigh less than 150kg, will be launched into orbit around Earth beginning in 2018. The rest will stay on the ground until replacements are needed, said OneWeb, based in Britain’s Channel Islands.

Bankrolled in part by Mr Richard Branson’s London-based Virgin Group and chipmaker Qualcomm, the project will cost between US$1.5 billion (S$2.02 billion) and US$2 billion, OneWeb founder and Chief Executive Officer Greg Wyler said.
...
http://www.todayonline.com/daily-focus/s...rnet-space

[kikababoo]

With facebook recently dropping its plan to beam internet from space, i wonder how successful this branson venture would be.

[sg550319]

not knowing the business model, hard to predict, winner is Airbus.

Anyone remember Iridium? 66 satellites, motorola backed and one of the largest bankruptcies.

With facebook recently dropping its plan to beam internet from space, i wonder how successful this branson venture would be.

[Caelitus]

not knowdeae business model, hard to predict, winner is Airbus.

Anyone remember Iridium? 66 satellites, motorola backed and one of the largest bankruptcies.

With facebook recently dropping its plan to beam internet from space, i wonder how successful this branson venture would be.

Iridium was a case study in a systems engineering module. The demand forecast was off. The sys architecture did not cater for flexibility. Hence it took the full brunt of a low demand scenario. It is always not easy to do large scale systems engineering.

[cyclone]

Airbus Is About to Strike One of the Biggest Deals in Aviation History

By Julie Johnsson , Mary Schlangenstein , and Benjamin D Katz
November 15, 2017, 8:01 AM GMT+8 Updated on November 15, 2017, 2:33 PM GMT+8

Airbus SE is nearing the biggest deal in its history, negotiating to sell 430 A320neo single-aisle planes valued at more than $40 billion to U.S. investor Indigo Partners, people familiar with the matter said.

The pact would give Airbus the upper hand at the Dubai Air Show, where it has been trailing Boeing Co. in orders. The purchase would also mark a crowning achievement for Airbus sales chief John Leahy, who is set to retire after a multi-decade career in which he built the order book into thousands of aircraft and lifted the European planemaker into a duopoly position with its U.S. rival.

For Indigo Partners, led by Bill Franke, the Airbus deal would provide upgraded single-aisle jetliners to boost the fleets of ultra-low-cost carriers from Denver to Budapest. The aircraft would go to airlines in Indigo’s investment portfolio: Frontier Airlines, Mexico’s Volaris, European carrier Wizz Air Holdings Plc and upstart JetSmart, which began operating this year in Chile, the people said.

More details in https://www.bloomberg.com/news/articles/...o-partners

[cyclone]

Blow to Boeing: China to buy hundreds of Airbus jets, in mammoth US$35 billion deal sealed on Xi Jinping’s France visit
* China will buy 290 A320 planes and 10 of the larger A350s in the long-awaited contract
* The A320 is the chief rival to Boeing’s troubled 737 MAX

Bloomberg  
Published: 3:04am, 26 Mar, 2019

Airbus SE secured a US$35 billion jet deal from China during a state visit by President Xi Jinping to the French capital, dealing a fresh blow to Boeing Co as it grapples with the grounding of its bestselling jet.

It was among 15 business contracts between China and France that were signed on Monday, including a €1 billion (US$1.1 billion) contract for EDF to build an offshore wind farm in China, the French presidency said.

The mammoth Airbus order included 290 A320-series narrow-body planes and 10 A350 wide-bodies, French President Emmanuel Macron’s office said at a briefing. The latest A320 Neo model has a list price of US$110.6 million and the A350-900 sells for US$317.4 million before discounts.

Boeing’s 737 MAX narrow-body, the chief rival to the A320, has been idled following two crashes in five months. The US planemaker is also struggling with the fallout from a China-US trade war that’s seen sales to the Asian nation dry up.

A major deal for Toulouse, France-based Airbus was first touted by Macron in January 2018 during a trip to Beijing, when a figure of US$18 billion was put on the transaction. A firm order failed to materialise despite a second French state visit in June and a delegation of top Airbus executives in September.

The deal announced in Paris will include both Neo – for new engine option – and so-called classic or CEO versions of the A319, A320 and A321, though the majority will be A320neos and A321neos, according to officials. China typically orders planes in large batches and allocates them to airlines later.

More details in https://www.scmp.com/news/china/diplomac...mmoth-us35