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Old 12th May 2012, 09:12
  #102 (permalink)  
SIMUL8D
 
Join Date: Aug 2008
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Airbus

Re Airbus Military Comments, there is some background worth sharing.

Airbus is part of EADS, and EADS owns Eurcopter. Eurocopter has not yet received (all) the money for the Tiger Helicopters, because they have not met the milestones that were required under the contract. They did, however, fork out a LOT of money up-front to the OEM suppliers (Engines, Avionics and armament especially). Eurocopter spent more than they have thus far recovered from the ADF. A lot more.

The MRH90 has gone the same way and it has chewed up the cash flow for Eurocopter. Allof it in fact, and the some!

EADS was propping up Eurocopter using the sales of it's Airbus aircraft. Between notable and tragic 'issues' with its Airbus Fleet, and the GFC, that support isn't there.

I suspect the comments from Airbus are because they are desperate to recover SOME funding to help make their business work.

What happens to the MRH90 if Eurocopter goes under? Support for the Tiger? And add a 'lesser' Tactical Transporter to the Bill? That's a lot of eggs in one basket....
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