Airbus A220 (CSeries) Break-Even Pushed Back To 2025 or about - Still No Profit
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February 17, 2020 - by David Kaminski-Morrow for flightglobal.com
Airbus is pushing back the estimate for A220 programme break-even to the middle of the current decade, several years later than the 2020 timeline for which Bombardier had been aiming.
It has disclosed that it has taken a larger share, 75%, of the programme by picking up part of Bombardier's stake in Airbus Canada Limited Partnership.
Speaking in Toulouse on 13 February, Airbus chief financial officer Dominik Asam said that achieving break-even required a "decent fill rate" at both final assembly lines, Mirabel and Mobile.
Airbus delivered 48 A220s last year but, at maximum output, the two plants should be capable of turning out 160-170 jets annually, says Asam.
He says Airbus foresees the break-even point occurring "in the middle of this decade"....
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