Presentation Investor Breakfast Le Bourget 2011

7/31/2019 Presentation Investor Breakfast Le Bourget 2011

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Investor & AnalystBreakfast

Le Bourget

22 June 2011


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Hans Peter RINGEADS CFO


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Louis GALLOISEADS CEO


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Innovation A350, NEO, X3,Ariane 5 ME, UAVs

Internationalisationand balance Acquisitions : Plant CML and

Vector Expansion in U.S and AsiaProfitability

Improvement Efficiency programmes :Power8, Power8+

Successful order bookmanagement

Operational marginimprovement

Programmesexecution

A380

A400M

A350XWB developmentmodel

Progresstowardslong-termobje

ctives

EADS strategic road map


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Tom ENDERSAirbus CEO


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7/25EADS Le Bourget Investor Breakfast Meeting

A380

A350XWB

Long Range

Supply chain ramp-up

Single Aisle

The industry challenge:

Volume ramp-up +40% in 5 years

A400M

Tom Enders 3


8/25EADS Le Bourget Investor Breakfast Meeting

A320 Family

Ramp up to 42+

Continuous improvement of A320 Family Sharklets 2012

A320neo: 15% higher fuel efficiency incl.savings in costs, emissions and noise

4Tom Enders

A320neo: a new engine option but minimal change approach

protection of residual values


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EADS Le Bourget Investor Breakfast Meeting

A330


789 A330 delivered, 87 customers and 91 operators

Backlog: almost 4 years production

Production rate:

9 A/C per month from Jan 2012

10 A/C per month from April 2013

A330-200 Freighter: 54 orders from 9 customers

5 aircraft delivered in 2010 to 3 customers with smooth EIS

Tom Enders 5

670 A330s sold since B787 launch


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A380

Challenges

Further RC reductionsRamp-up to R3+

with more Heads of Version at constant resource

Customization process improvement

51 in service

Rate increase: R2+Final Assembly lead time reductions

Airframe RC in 2011: -33% compared to 2009

Progress

Tom Enders 6


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Airbus Military

A400M

4 aircraft in FT campaign: >1700hrs, >550 flights

Type Certification & Initial Operating Clearance

by year-endLRIP (low rate initial production) for first series a/c

A330Military conversion process now fully mature

4 customers: first deliveries in 2011 Australia (delivery in 2011)

Saudi Arabia (delivery in 2011) United Arab Emirates (delivery in 2012)

United Kingdom (delivery in 2011)

Tom Enders 7

238 aircraft, incl. 174 A400M and 28 MRTT, in backlog


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Flight path to profitability target8


Production rate increase

Year on year pricing improvement

Continue P8+ efforts offsetting cost increase & escalation

A380: from significant loss contribution to gross margin/EBIT breakeven

R&D expenses decrease (A350 XWB)

Negative gross margin of early A350 XWB deliveries (RoS dilution)

2010-2015 drivers

Tom Enders


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Fabrice BREGIERAirbus COO


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A350 XWB a complete long-range family


A350-800

A350-900

A350-1000

369 seats

315 seats

276 seats

777

787

One New Family of technically superior aircraft Two aircraft types a generation apart

3Fabrice Brgier


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A350-8004


Final assembly startFirstflight

EIS

Today

We satisfy customer demand by delivering A350-800 mid 2016

A market driven trend towards larger aircraft

Fabrice Brgier


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Main A350-1000 changes from A350-9005


6 wheel bogie

main landing gear1 frame longer MLG bay

Higher thrust engineTrent XWB 97,000 lb thrust

Revised wing trailing edge(high lift controls and actuators)

Increased

air conditioningsystem

Changes introduced for optimum performances

Fabrice Brgier


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Improved A350-1000 performance6


A350-1000 is consistently more capable than 777-300ER

Smoother R & D timeframe

Final assembly startFirstflight

EIS

Today

Improved payload range on flights over 5000nm (50% of the flights)

Fabrice Brgier


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A350-900 Development Highlights

Main challenges related to new technologyhave been demonstrated in full scale(e.g. Wing covers, large fuselage panels ...)

Critical Design Reviews (CDRs) for systemsand airframe components have been

successfully closed together with partners- High design maturity before start of assembly

phase

Cabin definition and overall A/Cconfiguration for first customer aircraft havebeen frozen

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Fabrice Brgier


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A350-900 Development Highlights

Functional integration tests at Airbusand systems suppliers now inoperational mode more than one year

before first flight

Engine test at Rolls Royceprogressing well

- Engine for Flying Test Bed under

acceptance testing at Rolls Royce- Flying Test Bed working party has

started on A380

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Fabrice Brgier


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A350-900 Next steps

Summer: Start of Pre-FALs for major component structure assembly at Broughton,Saint-Nazaire, Hamburg, Getafe

- Driven by Risk Sharing Partners deliveries, closely followed by on-site representatives

Autumn: Start of system installation and equipping

- Tubes, pipes, harnesses for fuselage sections, stress gauges for static test specimen

End of 2011: Start of FAL

- First in: static tests specimen followed by MSN1

End of 2012: First flight, driven by:

- Sections assembly, FAL development tests, electrical systems integration

- Results of static tests- Flight clearance

End 2013: type certification and entry into service

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Fabrice Brgier


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Detailed Design

Parts Manufacturing

-3Sections Assembly(Centre Wing Box)

Major ComponentAssembly Equipping

08 09 10 11 12 13

FAL Groundbreaking

Target Loads

First composite lay-up (4th Dec)

(5th Mar) First cut horizontal cruciform

Integration Testing

Sys. & Cabin Development

DetailedDefinition

End ofDetailed Design

StartProduction

DemoboxAssembly

FALStart First Flight

Barrel 1Bstart

Static Specimentest start

Fatigue Specimenstart

First metal cut (2nd Dec)

Functional Testing (AI & Suppliers)

Systems Installation

Tooling Manufacturing

Supplier Selections

FinalAssembly Flight Test

& Certification

today

Pre-FAL Start

EIS

A350-900 XWB Schedule UpdateFabrice Brgier


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A350-900 Programme risks

Potential programme risks in the next phase

Volume and quality of assembly and installation drawings

Supply chain readiness for detailed parts (clips, brackets, tubes and pipes) Learning of production support teams

Tools and processes to the Extended Enterprise in delivery phase

Travelled work from components to Pre-FAL and FALs

Preparation of the ramp-up : design cleaning, concessions closure, design cleaningand maturity, manufacturing processes capability, supply chain performance

Resources

Test results involving changes

Risks are being mitigated at each maturity gate and through Alert and Fixprinciple but no room in the planning for significant problem.

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Fabrice Brgier


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Conclusion

Successful aircraft family in line with market current and future demand

New CFRP technology is ready for manufacturing

Extended Enterprise provides collaborative working environment : Suppliers support actions are launched jointly when necessary

Systems maturity developing well and major integration test benches are already in

service

First Aircraft large parts now manufactured and focus moving to pre-FAL start forcomponent assembly and then systems installation

Challenges remain to reach FAL start end of 2011 with an appropriate level of quality to

enable the ramp-up

First flight end 2012 will prepare for entry into service end 2013

Risks are being managed through lessons learned from previous programmes

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...but A350 programme remains very challenging

Fabrice Brgier


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Presentation Investor Breakfast Le Bourget 2011

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