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airbus group nv - unsp adr (EADSY) Key Developments

Airbus Receives Net Orders Between January and End-November

Airbus received 1,031 net orders and delivered 554 aircraft between January and end-November. The group said it registered a total of 1,328 orders for the period but 297 were cancelled, six of which for jets of the A380 family.

Airbus Group and Safran Announces Creation of New Joint Venture, Airbus Safran Launchers

Airbus Group and Safran announced the creation of their new Joint Venture named Airbus Safran Launchers. With an initial workforce of around 450, starting operations on 1 January 2015, Airbus Safran Launchers will maintain the outstanding level of quality and reliability of Ariane 5, while working on a new family of space launchers to foster Europe's leading role in the space industry. The new company will bring together the expertise of both Airbus Group and Safran in space launchers at key Franco-German industrial sites. The Joint Venture's headquarters will be located in Issy-les-Moulineaux, near Paris. This first transaction follows the announcement in June 2014 by Airbus Group and Safran regarding their intention to pool their respective space launcher activities to boost competitiveness and ensure the profitability of the European space launcher business in the face of growing international competition. Airbus Group and Safran announced the approval by the European Space Agency's Ministerial Conference for the development and production of a new Ariane 6 space launcher. Both companies have made a far-reaching industrial proposal for Ariane 6 and its endorsement was critical for the Joint Venture's creation. The industry proposal naturally assumes an in-principle agreement for the transfer to the Joint Venture of shares in Arianespace held by the Centre National d'Etudes Spatiales, France's space agency.

CIT Signs Purchase Agreements with Airbus for 15 A330-900neo and Five A321-200ceo Aircraft

CIT Group Inc. announced that CIT Aerospace has signed purchase agreements with Airbus for 15 A330-900neo (new engine option) aircraft and five A321-200ceo (current engine option) aircraft. Deliveries of the A330-900neo are scheduled to begin in 2018 and deliveries of the A321-200ceo are scheduled to begin in 2015. The A330-800neo and the A330-900neo are two new members of the Airbus Widebody Family launched in July 2014 with first deliveries scheduled to start in Fourth Quarter 2017. The A330neo incorporates latest generation Rolls-Royce Trent 7000 engines, aerodynamic enhancements and new cabin features. Benefitting from the unbeatable economics, versatility and high reliability of the A330, the A330neo reduces fuel consumption by 14% per seat, making it the most cost efficient, medium range Widebody aircraft on the market. In addition to greater fuel savings, A330neo operators will also benefit from a range increase of up to 400 nautical miles and of course all the operational commonality advantages of the Airbus Family.

Maserati Signs an Agreement to Access Airbus Group Innovations

Modena signed a master agreement providing access to technologies from Airbus Group Innovations. Concluded at Maserati's Modena headquarters, this agreement enables the company to make in-depth reviews of Airbus Group Innovations' broad portfolio that covers manufacturing processes, production methods, metallics and composites expertise, systems integration and other know-how.

Airbus Group to Launch Development and Production of New Belugas

Airbus Group has announced plans to launch the development and production of five new Belugas. The new Beluga will be based on the A330 with a large re-use of existing components and equipment. The distinctive looking lowered cockpit, the cargo bay structure and the rear-end and tail will be amongst the items which will be newly developed. The first of the five new Belugas will enter in service in mid-2019. The existing Beluga fleet will operate in parallel, and will be progressively retired through to 2025. The current Beluga fleet of five aircraft is based on the A300. The 'Beluga', is Airbus' unique method for transporting large aircraft components- between company production sites in Europe. Airbus had already l launched 'the Fly 10000' project aiming at doubling the current Beluga capacity by 2017.


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