The timing of a civil aviation delivery recovery remains uncertain and will likely be no earlier than 2005.

Launch aid is a prohibited, market-distorting subsidy that is unique to Airbus. (It) is above and beyond the other forms of government support Airbus already receives — tax relief, government-sponsored R&D and government-paid infrastructure projects.

Firm orders from the two launch customers are valued at approximately $5 billion at list prices.

We remain confident a deal will be completed in the near future.

As a result, several customers have requested deferral of deliveries out of 1999 and 2000, and the company is working with the airlines to reschedule deliveries.

Changes in the projected mix of the models offered, coupled with a lower price-escalation trend reduced revenue estimates for the first 400 units [of the next-generation 737s].

Given the timing and changing requirements for new USAF tankers, the prospects for the current 767 production program to extend uninterrupted into a USAF tanker contract (are) becoming less likely.