As a result, several customers have requested deferral of deliveries out of 1999 and 2000, and the company is working with the airlines to reschedule deliveries. |
Changes in the projected mix of the models offered, coupled with a lower price-escalation trend reduced revenue estimates for the first 400 units [of the next-generation 737s]. |
Firm orders from the two launch customers are valued at approximately $5 billion at list prices. |
Given the timing and changing requirements for new USAF tankers, the prospects for the current 767 production program to extend uninterrupted into a USAF tanker contract (are) becoming less likely. |
Launch aid is a prohibited, market-distorting subsidy that is unique to Airbus. (It) is above and beyond the other forms of government support Airbus already receives -- tax relief, government-sponsored R&D and government-paid infrastructure projects. |
The timing of a civil aviation delivery recovery remains uncertain and will likely be no earlier than 2005. |
We remain confident a deal will be completed in the near future. |