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Doric Nimrod Air One Limited - DORIC NIMROD AIR TWO LIMITED

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costs. This was achieved by constructing the <strong>Air</strong>bus A380 with advanced materials such as<br />

carbon-reinforced and fibre-reinforced plastics, and new generation engines delivered by<br />

Engine Alliance. The <strong>Air</strong>bus A380-800 is very economical in its fuel consumption, using<br />

approx. three litres of kerosene per 100 passenger kilometres.<br />

In November 2006 an <strong>Air</strong>bus A380-800 took off for a series of test flights in order to prove<br />

the aircraft’s airworthiness on long haul flights and its airport compatibility. Its destinations<br />

around the globe were Düsseldorf, Singapore, Kuala Lumpur, Beijing, Shanghai, Hong Kong,<br />

Tokyo, Sydney, Johannesburg and Vancouver. The flight from Vancouver back to Toulouse<br />

via the North Pole on 30 November 2006 was the successful conclusion of the <strong>Air</strong>bus A380-<br />

800’s certification programme. In December 2005 the <strong>Air</strong>bus A380-800 with Engine Alliance<br />

GP7270 engines was awarded its type certificate by the FAA (US Federal Aviation<br />

Administration) and on 23 April 2007 by EASA, the European <strong>Air</strong> Safety Agency.<br />

Market segment<br />

The international aircraft fleet can be classified under various aspects. Primarily, a distinction<br />

is made considering the purpose, i.e. cargo or passenger aircraft. Passenger aircraft are usually<br />

classified using their range (short, medium or long range aircraft), the number of aisles as a<br />

function of their body width ("narrowbody" with one aisle, or "widebody" with two aisles),<br />

and passenger capacity.<br />

The <strong>Air</strong>bus A380-800 is a widebody aircraft equally capable of short, medium and long haul<br />

flights and, alongside the Boeing 747-400 (and the forthcoming B747-8 Intercontinental)<br />

forms part of the highest capacity category of 400+ seats. The A380-800 has a maximum<br />

certified carrying capacity of up to 853 seats in a single-class layout, a configuration which<br />

has attracted orders from <strong>Air</strong> Austral and Skymark <strong>Air</strong>lines to date.<br />

It is considered likely in <strong>Doric</strong>'s view that the <strong>Air</strong>bus A380-800 will form a key element for<br />

the expected future growth in air traffic, since its size makes it possible to transport a greater<br />

number of passengers without increasing the number of flights. Given that the airspace above<br />

major international airports is already affected by frequent congestion, <strong>Doric</strong> considers that it<br />

is likely that demand will grow for very large aircraft with a number of seats well above 400.<br />

Commonality across the <strong>Air</strong>bus product series<br />

<strong>Air</strong>bus produces competitive passenger aircraft models for all the usual market segments and<br />

thus can offer airlines a large choice with regard to maximum passenger numbers and<br />

potential ranges. The spectrum ranges from the <strong>Air</strong>bus A318, which can transport around 100<br />

passengers, right up to the A380-800, since its market introduction, accommodating up to 853<br />

passengers.<br />

All <strong>Air</strong>bus aircraft are based on the same cockpit layout. This makes it easier for pilots to<br />

transfer from one type of aircraft to another and reduces the periods of training which airlines<br />

have to schedule for their pilots. For example, a pilot needs less than two weeks of simulator<br />

training to be able to switch between a model from the <strong>Air</strong>bus A320 family and an A380-800.<br />

Outlook<br />

After nearly four decades of Boeing's success in the upper market segment of widebody<br />

aircraft with its Boeing 747 family, the launch of the <strong>Air</strong>bus A380-800 altered the competitive<br />

situation. <strong>Doric</strong> considers that the Boeing 747-400, which has been produced for nearly 20<br />

years, is a less attractive model than the A380-800 in terms of size, comfort and operating<br />

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