Airbus Industrie.
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Airbus Industrie: An Analysis of the A3XX Table of Contents 1 Executive Summary 1 2 Market Analysis: Airbus vs. Boeing 2 2.1 The New Launch: Details on the A3XX 2 2.2 The Question of Demand 3 2.3 Threats and Risks 4 2.4 The Boeing Company's Reaction 5 3 Financial Analysis 6 3.1 Discussion of Assumptions 6 3.1.1 Demand 7 3.1.2 Price and Payments 8 3.1.3 Project Life 8 3.1.4 Costs 9 3.1.5 Taxes 10 3.1.6 Inflation 11 3.1.7 Financing 11 3.1.8 Real Options 12 3.1.9 Discount Rate 12 3.2 NPV and Sensitivity Analysis 14 3.2.1 Base Case 14 3.2.2 Discount Rate vs. Inflation Rate 14 3.2.3 Beta 15 3.2.4 Tax Rate and Discount Rate 15 3.2.5 Demand 16 3.2.6 Other Variables 16 4 Conclusion 17 Bibliography 18 Appendix A - NPV and Cash Flow Analysis - Base Case 19 Appendix B - Sensitivity Analysis 25 Table of figures Table 1: Demand Forecast 8 Table 2: Investment Schedule (in $millions) 10 Table 3: Depreciation Schedule (in $millions) 10 Table 4: Discount Rate vs. Inflation Rate NPVs 14 Table 5: Beta and NPV 15 Table 6: Tax Rate vs. Discount Rate NPVs 16 Table 7: Airbus Development Expenditures by Year ($ millions) 20 Table 8: Cumulative Investment 20 Table 9: Depreciation for capital expenditures 21 Table 10: Income Statement 2001 - 2009 22 Table 11: Income Statement 2010 - 2018 23 Table 12: Income Statement 2019/2020 24 Table 13: Different Sales Ramps 25 Table 14: Different Total Sales - Changing Sales Ramp 25 Table 15: Learning Curve Effects 26 Table 16: Different Beta 26 Table 17: Different Expenditures 27 1 Executive...


