Airbus Commercial UpdateAirbus Commercial UpdateMark Pearman Wright

Head of Leasing & Investor Marketing

Indian Wells, 22nd September

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One year ago the world entered a severe recession

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Downturn worse than predicted

Real GDP evolution (% year-over-year)

-10%

-5%

0%

5%

10%

15%

Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4

Feb 2008 forecast

Nov 2008 forecast

Jan'09 Forecast

Apr'09 Forecast

Aug'09 Forecast

Source: Global Insight (August 2009), Airbus

2006 2007 2008 2009 2010 20112005

…but rebound forecast for 2010

We are here

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Downturn has bottomed out

Real GDP evolution (% year-over-year)

-10%

-5%

0%

5%

10%

15%

Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4

World

USA

Western Europe

Japan

Source: Global Insight (August 2009), Airbus

We are here

2006 2007 2008 2009 2010 20112005

…but rebound forecast for 2010

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Downturn has bottomed out

Real GDP evolution (% year-over-year)

-10%

-5%

0%

5%

10%

15%

Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4

WorldUSAWestern EuropeJapanEmerging mktsChina

Source: Global Insight (August 2009), Airbus

We are here

2006 2007 2008 2009 2010 20112005

It is a multi-speed world

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Airbus backlog is well balanced

North America301 (9%)

Latin America195 (6%)

Europe727 (20%)

Africa80 (2%)

Middle East490 (14%)

Asia* / Pacific705 (20%)Lessors

516 (15%)

Corporate Jet73 (2%)

China408 (12%)

*Includes Indian sub-ContinentData end August 2009

3500 aircraft (7 years of production)well distributed amongst developed and emerging markets

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Airbus achievements in 2009

254 aircraft delivered in the first half of 2009On-track to repeat 2008 deliveries of 483 aircraft

and behind the scenes……..Successfully managing the order-bookNot “over-committing” on financing

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GulfCrisis

OilCrisis

WTC attack+ SARS

OilCrisis

0

2

4

6

8

10

12

1970 1980 1990 2000 2010 2020 2030

Air travel is resilient to shocks

Source: ICAO, Airbus

World annual traffic (RPK – trillions)ICAO

total traffic

Air travel doubles every 15 years

Air traffichas doubled

every 15 years

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0

2

4

6

8

10

12

1970 1980 1990 2000 2010 2020 2030

Air travel is resilient to shocks

Source: ICAO, Airbus GMF 2009

World annual traffic (RPK – trillions)

Air trafficwill doublein the next15 years

ICAO total traffic

Airbusforecast

Air travel doubles every 15 years

Air traffichas doubled

every 15 years

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Air travel is a strong growth industry

AustralasiaWestern EuropeJapanNorth America

India ChinaCentral EuropeMiddle EastCISAfrica Asia* Latin America

* Asia excludes India & China

Air transport is an still an emerging industry for 84% of the world

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20-year demand for 25,000 aircraft

16,97716,977 single aisles39%39% of total value

6,2456,245 twin aisles42%42% of total value

1,7291,729 very large aircraft19%19% of total value

Market value of $3.1 trillion

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Growth generates fragmentation & consolidation

FRAGMENTATIONFRAGMENTATIONHub by-passingMarket developmentFrequency on thin routes

CONSOLIDATIONCONSOLIDATIONMore cost-effective networkGlobal network reachLinking major hubsThe logic behind alliances

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The question Airbus was asking in the mid-90’s

How to compete with the 747….that had been in service for 25 years ?

“…an aircraft that is now regrettably a has-been. But so,

history and time march forward.”

Chew Choon SengCEO, SIA, 15 October 2007

The prototype 747-100 “City of Everett”Pictured at the Museum of Flight in Seattle

The first commercial 747 was deliveredon 13th December 1969

Creating the 21Creating the 21stst Century FlagshipCentury Flagship

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Early involvement of key stakeholders

Nearly 240 customer meetings prior to EIS

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Airlines demanded a step change in productivity…

RangeUp to 1000 nm further

A 50%productivity increase

Relative to the 747-400

30-35% more passengers

Payload

Plus…

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A new, high capacity aircraft offering a step change in efficiency,new comfort standards & sustainable growth

… costs, comfort, airport compatibility, the environment

Deliver a double digit operating cost advantage

Set new standards in cabin comfort and differentiation

80 m 80 m

80 ft

Be compatible with existing airport infrastructure

and equipment

Meet all anticipated environmental constraints

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Overall concept

Classic configuration with double-deck most suitable

established

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Sizing - fuselage length constraints

80m maximum length for allA380 family members

agreed between airports andmanufacturers in 1990s

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A380 fuselage – facts & figures

A380-800 overall length 72.57 m

Maximum seating 853 passenger seatsTypical seating (3-class) 524 passenger seats

Cabin width (upper deck) 5.80* m (6 ft** wider than 747) Cabin width (main deck) 6.52* m (1 ft** wider than 747)

* Maximum internal width** Eye (headrest) level

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Driven by certification requirementsand emergency slide function in particular

Sizing - fuselage door distribution constraints

Spacing to flaps

Spacing to engines

Maximum door spacing 18m

Minimumdoor

spacing4.5m

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A380 emergency evacuation testMarch 2006

The test is to determine maximum number of passengers and crew that can be evacuated from the aircraft in 90 seconds

The test is conducted in darknessOnly 50% of the available aircraft doors are used853 passengers were successfully evacuated20 crew successfully evacuated78 seconds taken to evacuate all pax and crew

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wing box chordfor fuel volume

short centre box lengthfor good cargo volume

wing span for low fuel consumption

wing area for low approach speed / noise

Sizing - wing design constraints & drivers

max. 80m spanfor airport compatibility

flap chord / span for simple, efficient high-lift system

minimum risk after engine rotor burst

aerodynamics optimised to work in presence of large fuselage andMach .85 cruise

keep-out zones for upper deck evacuation slides

• vs engine intake• vs flap track fairings

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Sizing - choice of wing span

wing span70m 75m 80m 85m

aerodynamic dragtake-off thrustnoise

weightproduction costoverall efficiency

Span limitation does not penalise efficiency

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A380 wing – facts & figures

Overall wingspan 79.75 mWing surface area 845.8 m2Fuel volume 84,535 USgWing vertical flex during take-off 5.50 m (18 ft)

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Industrial launch of the A38019th December 2000

From A3XX to A380

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First metal cut

The first A380 being builtJanuary 2002

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A380 roll-out18th January 2005

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A380 first flight27th April 2005

Flight duration 4 hrs 15 minsTake-off Weight 420,000 kgMaximum altitude 15,000 feetMaximum speed 250 kts

Flight tests performedOpening the flight envelopeLow speed in all configurationsHandling Qualities in direct/normal lawsEngine and system evaluation

Chase aircraftCorvette

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A380 flight test programme

5 flight test aircraftOver 5,000 flight hours and 1,477 flights (>3,800 take-offs)

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Vmu (minimum un-stick speed) testJuly 2005

The test is to ascertain the minimum speed at which the aircraft can rotate, lift-off and achieve a positive climb gradient

Min lift-off speed (at 440t TOW in conf 3) 132 ktsMax lift-off angle (uncompressed gear) 12.7°

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Flutter testSeptember 2005

The flutter test verifies that in all flight regimes, including high speed, the aircraft structure does not suffer from unstable oscillations that could result in structural failure

A380 Vmo (Max Operating speed) 340 ktsA380 Mmo (Max Mach Number) M 0.89A380 Typical Cruise speed M 0.85

Speed achieved during flutter test M 0.96375 kts

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Cold weather trialsFebruary 2006

The trial is to demonstrate that even in extreme cold conditions, including cold soaking the aircraft on ground, the aircraft systems and engines function normally

Minimum temp observed during trial - 29°C degreesCertificated minimum operating temp - 40°C degrees

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Crosswind testsNovember 2006

The test is to check the maximum crosswind component that the aircraft can accommodate, maintain directional control and execute a normal landing

Location KeflavikRunway orientation 02/20Wind speed/direction observed 42 kts

gusts to 56 ktsat 290°

Max crosswind component (recommended) 30 kts

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Federal Aviation Administration

European Aviation Safety Agency

First aircraft to be jointly certified by FAA and EASA 12th December 2006

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An outstanding new aircraft

Jointly certificated by EASA and FAA

All commitments met:

Cabin comfort

Weight status

Airfield performance

Range & fuel burn

Aircraft Handling

Environmental performance

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A380 - In commercial service for over 18 monthsThe future has arrived

“The A380 has exceeded all expectations, delivered on its promiseof reliability and fuel efficiency and is a favourite with customers”

Chew Choon SengCEO Singapore Airlines

10 A380s in service 5 A380s in service

4 A380 in service

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The A380 network is growing

It takes an A380 to compete with an A380

Over 68,000 revenue flight hours in over 7,100 revenue flights*

Additional airline announced routes for 2009/10 shown dotted

Toronto

New York

London

ParisRome

Dubai

Seoul Tokyo

Hong KongBangkokLos Angeles

Auckland

Sydney

Melbourne

Singapore

* 02 Sep 2009

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0

50

100

150

200A380 customers

A380 - the new flagship for international airlines

Top international airlines (International RPKs - millions)

The top five international carriers are all A380 customers

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Saving the planet

80 mpg per pax(current fleet average of 47 mpg per pax)Less than 75g of CO2 per pax per km(EU car manufacturers’ target: 140 g per km in 2008)

Reduced requirement for infrastructure spendingMinimizing environmental impact through greater network efficiency(fewer flights, less noise, less pollution)

A380 – designed with the environment in mind

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Last year world airlines carried more than 2.2 billion passengers

40% in value of interregional export of good are carried by air

Air transport generates 50 million jobs & $3 600 billion worldwide

It contributes for 8% to the world GDP

3% of global man-made CO2 emissions

Air transport is vital to the modern world

Source: Oxford Economics – June 2009

Airbus leading the industry in eco-efficiency

AirbusN e w s t a n d a r d s. T o g e t h e r

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