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Arianespace Reports 1999 Results

More Information:

In 1999, Arianespace posted sales of US$ 912.9 million (EUR 975.9 million), compared with US$ 1,106 million (EUR 1,086 million) in 1998. Net income was US$ 6.8 million (EUR 7.3 million), compared with US$ 13.1 million (EUR 14 million) in 1998. Although operating income nearly tripled to US$ 31.4 million (EUR 33.6 million), net income was down because of a change in taxes. Arianespace paid income taxes of US$ 5.6 million (EUR 6 million) in 1999, while it had a tax credit of US$ 11.4 million (EUR 12.2 million) in 1998. Arianespace increased its reserves to US$ 293 million (EUR 313 million).

Arianespace is continuing the capital investments and other efforts needed to boost Ariane 5 production and launch rates to eight per year beginning in 2003. Improvements to Ariane 5, especially new versions of the upper stage with cryogenic and re-ignitable engines, will give it a payload capacity to geostationary transfer orbit (GTO) of 10,000 kg (22,040 lbm) in 2002, increasing to 12,000 kg (26,450 lbm) in 2005.

Revenues in 1999 were generated by nine Ariane 4 launches and one Ariane 5 launch. In 1999, 15 GTO satellite launch contracts were offered for tender, compared with 21 in 1998, with Arianespace winning 12 out of the 15 contracts.

Ariane Annual Orders (satellites) (courtesy Arianespace)

As of May 30, 2000, the current backlog stands at 40 satellites to be launched, worth about 3.26 billion euros.

Ariane Backlog (satellites) (courtesy Arianespace)

Since January 1, 2000, Arianespace has signed five new contracts:

Spot 5	CNES, France
iSky 1	iSky, USA
iSky 2	iSky, USA
JCSat 8	JSAT Corporation, Japan
Anik F2	Telesat Canada, Canada

Arianespace has carried out four successful launches since the beginning of 2000:

Galaxy XR	PanAmSat, USA	January 24	V126
Superbird 4	SCC, Japan	February 17	V127
AsiaStar 1	WorldSpace, international	March 21	V128
Insat 3B	ISRO, India	March 21	V128
Galaxy IVR	PanAmSat, USA	April 18	V129

By the end of 2000, three Ariane 5s and four or five Ariane 4s flights are planned for launch carrying, depending on availability, the following satellites:

Anik F1	Telesat Canada, Canada
Astra 2D	SES, Luxembourg
Brasilsat B4	Embratel, Brazil
BSat2A	Orbital Sciences, USA, for BSAT, Japan
Eurasiasat 1	Alcatel Space for Eurasiasat, Turkey
Europe*Star 1	Alcatel Space for EuropeStar, international
GE 7	GE Americom, USA
GE 8	GE Americom, USA
NSat 110	Space Communications Corporation, SCC, Japan
Nilesat 102	Astrium for Nilesat SA, Egypt
PAS 1R	PanAmSat, USA
Skynet 4F	Astrium for the British Ministry of Defence
Eutelsat W1R	Eutelsat, Europe
LDREX	NASDA, Japan (will fly as auxiliary payload)

Satellites Launched Annually by Ariane (courtesy Arianespace)

Annual Launches by Ariane (courtesy Arianespace)

SPACEandTECH Digest is a weekly roundup of the latest industry news of interest to the space professional. SPACEandTECH Flash! is an internet push service offered by Andrews Space & Technology to bring the latest on orders, launches, and important breaking news to your desktop. SPACEandTECH Digest and SPACEandTECH Flash! are part of the Andrews Space & Technology www.spaceandtech.com website, a website designed to serve the information needs of the space industry.

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June 5, 2000