Professional Statement: Airbus A340-500/600 Product Life Cycle and Nacelle Components Final Report



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Aeronca Forecast


Forecast International Large Commercial Jet Forecast

June 2005




1 Timet is short for Titanium Metals Corporation.

2 “Ductility Exhaustion Mechanisms In Thermally Exposed Thin Sheets of a Near –Beta Titanium Alloy,” F. Sansoz, M. Almesallmy, and H. Ghomen; Metallurgical and Materials Transactions, Volume 35A, October 2004.

3 New engines and their nacelle systems are first tested on engine company aircraft “test beds.” Pratt & Whitney, GE, and RR have used a variety of aircraft to test such large engine propulsion systems including but not limited to the Boeing 747 and first generation A340-200/300.

4 Lufthansa Technik AG, October 10, 2000. “Don't scrap it - A340 nozzle repair”. The developed repair enabled A340 operators to avoid having to scrap the expensive exhaust nozzle (unit price: $375.000).


5 Note: Lufthansa Technik and Singapore Airlines technical unit are two of the most capable aircraft and aircraft engine repair firms in the world with skills comparable or exceeding those of the OEMs.

6 Merrill Lynch Securities, Global Aerospace Weekly, Orders and Backlogs; August 27, 2007

7 Airbus Industrie, October 2008.

8 Airbus Industrie web site, January 16, 2009.

9 Aircraft Commerce, Issue 38, December 2004/January 2005. The current worldwide economic recession has helped drive airline traffic into negative territory for the first time since October 2001. Even international traffic has declined dramatically and carriers such as Singapore are reducing capacity and grounding aircraft. In February 2009, Singapore announced it was reducing capacity 11% and parking 17 undesignated aircraft by April 2009 to address this downturn.

10“Investigation of Oxidation Effects of Furnace Exposed Titanium Alloy (Beta21) Honeycomb Structure,” Magellan Orenda Aerospace Corporation, February, 1999.

11 Forecast International Aircraft Forecast, April, 2007.

12 Exhibit 8.3, Aeronca Inc. A340 nacelle program, December 31, 2006.

13 Merrill Lynch, December 15, 2008. Merrill Lynch and Airclaims, Merrill’s supplier, do not break out A330 from A340. We suspect that most of the parked family are A340-200 and 600s.




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