Re: Virgin Atlantic becomes first A340-600 customer; Air Canada orders

Date:         08 Aug 97 05:41:18 
From:         Marc Schaeffer <marcmsc@geocities.com>
Organization: None
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Karl Swartz wrote:

> Despite the press releases, it's not clear that the announcements
> actually constitute what Airbus refers to as the industrial launch of
> the A340-500/600 program.  The only order is for 16 A340-600s, and no
> A340-500s -- Air Canada announced only of a letter of intent, not a
> final contract, and even at that is only for options on the new
> models.  Airbus had previously said that at least 25 orders would be
> required to launch the program.

The Wichita Eagle confirms what I read in the Seattle Times two days
ago, quoting AI Spokeswoman Barbara Kracht : ' The orders are a "major
step" toward the launch, but it needs to gather firm commitments from
more airlines before it formally commits to production. '

Regards
...........................................................
Marc Schaeffer, Luxembourg // mailto:marcmsc@geocities.com
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