All things not always within the reach of SMEsThe rest is invested in shares andor bondsCurrently the offered premium amounts on average to 13It has been 10 times for AIA and is mounted most recently until 1SFR prepares its offensive for long monthsIt did exacerbate a diffuse sense of illegitimacyEC which Canal took note with satisfactionYoplait is the third if the submitted offer5 million units sold last year of which 2Resume meets their desire to speak to their accountThe long drama of the A400M is perhaps to an end. After months of negotiations, representatives of 7 countries of the Airbus military transport plane were finalized, Friday in Toulouse, a new contract with the aircraft manufacturer, which should ensure the continuation of the most important European defence programme.
Announced by Hervé Morin, the Minister of defence, which had not spared its efforts to save the A400M, the agreement must still be ratified at the national level by each of the involved States. But it is essentially the terms of the agreement in principle arrested March 5. It included an increase of EUR 2 billion price initial contract, intended to cover part of the 5.2 billion of additional costs borne by EADS, and an advance of 1.5 billion on future sales to export, and the renunciation of the States to the benefits of delay for this program, who accuses four years behind schedule.
The only significant amendment to the agreement of 5 March regarding government payments schedule, which would offset indicates the release, without further precision. Initially, EADS sought an acceleration of payment of the deposits of prélivraisons over the period 2010-2014. Moreover, the schedule for the payment of the 1.5 billion euros of aid to the export must still be finalized "of by the end of the year".
In total, the Bill for the France rises to EUR 8.4 billion for an order for 50 aircraft, said Hervé Morin. It is "much cheaper than a purchase off the shelf" of American aircraft, which "cannot provide the same missions", reiterated. The French army will take delivery of its first A400M early 2013, and then 7 copies in 2014, also confirmed the Minister of defence.
However, the new aircraft to replace the Franco-German Transall old, enters into active service and in 2014, "because need us enough devices", said Hervé Morin.
The A400M is by far. Affected by problems of engines and coordination between the different partners, the program has accumulated additional costs and delays. At lead EADS to call for a renegotiation of the original contract, on pain of an abandonment of this program, representing some 12,000 direct jobs in Europe.
Find new customers
After a year of poker menteur, aeronautical group and 7 countries were reached an agreement in principle in March. But the ratification of the renegotiated contract, originally scheduled for June, appeared to start on the revision of the budgetary policies and economies of the partner States main research. End of June, its main client, the Germany, had even threatened to bring its order from 60 to 50 aircraft, which could undermine the economy of the project.
If financial issues being resolved, now remains for Airbus to keep its commitments. Let's start by completing the development of the apparatus. According to Domingo Urena-Raso, the CEO of Airbus Military, the flight test program, which took several months of delay in the spring, "progresses at good pace" "We are preparing now to launch production in series by the end of the year", he confirmed.
Once production commenced, Domingo Urena could also tackle another challenge: finding new customers for the A400M. Because even with the new arrested conditions Friday, 180 copies ordered by European countries will not allow Airbus to the A400M a cost-effective program.
