EADS shares fall sharply after report of more A380 problems
AFP, May, 2008
 | Content provided in partnership with |  |
PARIS (AFP) — Shares in European aerospace giant EADS fell sharply on Monday after reports that its Airbus unit faces more production delays on its A380 super jumbo, the world's largest passenger aircraft.
The German business magazine Wirtschafts-Woche cited a letter by Airbus chief executive Thomas Enders to customers, together with company sources, as saying there could be additional problems on the A380 and it might not be able to deliver the 25 planes promised in 2009.
Airbus would "almost" reach this year's delivery target of 13 planes but would likely not be able to make four planes a month as planned eventually, it said.
- Most Popular Articles in News
- The Ten Best Laptop bags
- Tata plans cheapest-ever car for Indian market
- GLOBALIZATION AND THE DEVELOPMENT OF UNDERDEVELOPMENT OF THE THIRD WORLD
- Corn is good for you; Corn is not only a tasty treat, but also a cereal that ...
- THE 50 BEST STYLISH HANDBAGS TO CARRY
- More »
Quality problems on components as well as requirements by airlines concerning interior design, which makes production more complex, were causing difficulities, it said.
A spokeswoman for Airbus noted that Enders had announced a fundamental review of the A380 programme and told AFP ...
Find Research Guides for:
Find Featured Titles for: Reference
- Academe
- African American Review
- African Arts
- African Studies Review
- Afro-Americans in New York Life and History
- Alabama Heritage
- Alabama Review
- American Mathematical Monthly, The
- Anglican Theological Review
- Annals of Dyslexia
- Arab Studies Quarterly (ASQ)
- Auk, The
- Australian Journal of Anthropology, The
- Christian Century
- Natural History