A Market Analysis and Outlook This report is a comprehensive review of Airbus SAS, the primary component of EADS and a leading manufacturer of commercial airlines and defense technologies. Our assessment of Airbus centers on its competitive position in the global aerospace industry, particularly in commercial aircraft, where it competes in a duopoly with The Boeing Co. for the “mainline” jet market, and how it is competitively and strategically positioned for both the near- and long-term. Rather than provide a traditional report, we have chosen to answer several key bottom-line questions that address the critical issues impacting the future of Airbus and EADS. • How is Airbus positioned vis-à-vis Boeing? • What are Airbus financial prospects? • How Sound is its parity position with Boeing? • Will Airbus succeed with the A350XWB? • What will be the outcome of the WTO complaints? • Production: To Cut or Not to Cut? • What are the Key Risk Factors for Airbus? We also provide a detailed program-by-program analysis of current and planned Airbus products, along with our assessments of the viability of those programs, their competitive position, and likelihood for future success.