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AYR » Topics » The failure of aircraft or engine manufacturers to meet their delivery commitments to us could adversely affect us.These excerpts taken from the AYR 10-K filed Mar 2, 2009. The
failure of aircraft or engine manufacturers to meet their
delivery commitments to us could adversely affect
us.
Our ability to obtain the anticipated benefits under the Airbus
A330 Agreement will depend in part on the performance of Airbus
and the engine manufacturers we selected in meeting their
obligations to us with respect to the timing of the deliveries.
In 2006 and early 2007, Airbus made a series of announcements
relating to production delays and cost overruns relating to the
development of the new A380 model, and delays and redesign
efforts relating to the development of the new A350-XWB. In
addition, Airbus will reportedly experience delays in other
programs and has generally experienced other economic
difficulties. More recently, Airbus has announced that it will
reduce production rates of certain aircraft models. A failure by
Airbus to produce the A330-200F model aircraft, or a failure on
the part of Airbus or an engine manufacturer to meet delivery
commitments with respect to the New A330 Aircraft, could
adversely affect our ability to deliver the New A330 Aircraft to
our customers and adversely affect our financial condition and
results of operation.
The failure of aircraft or engine manufacturers to meet their delivery commitments to us could adversely affect us. Our ability to obtain the anticipated benefits under the Airbus A330 Agreement will depend in part on the performance of Airbus and the engine manufacturers we selected in meeting their obligations to us with respect to the timing of the deliveries. In 2006 and early 2007, Airbus made a series of announcements relating to production delays and cost overruns relating to the development of the new A380 model, and delays and redesign efforts relating to the development of the new A350-XWB. In addition, Airbus will reportedly experience delays in other programs and has generally experienced other economic difficulties. More recently, Airbus has announced that it will reduce production rates of certain aircraft models. A failure by Airbus to produce the A330-200F model aircraft, or a failure on the part of Airbus or an engine manufacturer to meet delivery commitments with respect to the New A330 Aircraft, could adversely affect our ability to deliver the New A330 Aircraft to our customers and adversely affect our financial condition and results of operation. This excerpt taken from the AYR 10-Q filed Nov 17, 2008. The
failure of aircraft or engine manufacturers to meet their
delivery commitments to us could adversely affect
us.
Our ability to obtain our anticipated benefits under the Airbus
A330 Agreement will depend in part on the performance of Airbus
and the engine manufacturers we selected in meeting their
obligations to us with respect to the timing of the deliveries.
In 2006 and early 2007, Airbus made a series of announcements
relating to production delays and cost overruns relating to the
development of the new A380 model, and delays and redesign
efforts relating to the development of the new
A350-XWB.
Airbus has also announced several changes in its senior
management and a planned reduction in its workforce of 10,000.
In addition, Airbus will reportedly experience delays in other
programs and has generally experienced other economic
difficulties. A failure by Airbus to produce the A330-200F model
aircraft, or a failure on the part of Airbus or an engine
manufacturer to meet delivery commitments with respect to the
New A330 Aircraft, could adversely affect our ability to deliver
the New A330 Aircraft to our customers and adversely affect our
financial condition and results of operation.
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