Why is Airbus threatening to abandon Europes A400M military transport plane?
Airbus threatens to abandon military transport plane From news reports Posted: 01/05/2010 05:03:08 PM PST PARIS – Airbus has proved its troubled A400M can fly. But now it is threatening to abandon Europe’s new military transport plane – which would compete against the Long Bach-built C-17 Globemaster III – if governments can’t agree on how to share the massive cost overruns. Airbus spokesman Stefan Schaffrath said on Tuesday that ending the overbudget A400M military transport program “is a scenario” if the military plane project “continues to contribute to a loss.” The comments come just weeks after the Dec. 11 maiden flight of the hulking, gray aircraft with a black nose and four black propellers – the beginning of a three-year flight test program. http://www.dailybreeze.com/business/ci_14128410 PARIS (AP) — Airbus has proved its troubled A400M can fly — but now it is threatening to abandon Europe’s new mil
Airbus Threatens to Drop A400M Military Plane Airbus considers cancelling A400M European military plane just weeks after maiden flight By EMMA VANDORE AP Business Writer PARIS January 5, 2010 (AP) Airbus threatened to scrap the overdue and overbudget A400M military transport just weeks after its maiden flight, putting more pressure on seven European governments to give it better financial terms for the troubled project. Analysts said the threat was aimed at forcing goverments to move ahead with a project that supports 40,000 jobs but is three years overdue and over budget. Actually cancelling would be highly unappetizing at a time of high unemployment across Europe, and alternative planes don’t meet the requirements set out for the A400M. EADS, Airbus’ parent, hopes governments will either pay more for the planes or reduce the number of planes on order. Other options include reducing the specifications, or spreading increased payments out over time. The customer governments have agreed
Airbus has proved its troubled A400M can fly — but now it is threatening to abandon Europe’s new military transport plane if governments can’t agree on how to share the massive cost overruns. Airbus spokesman Stefan Schaffrath said on Tuesday that ending the overbudget A400M military transport program “is a scenario” if the military plane project “continues to contribute to a loss.” “We are suffering from a stagnation,” he said. “The loss-making is serious.
Airbus threatens to abandon military transport plane From news reports Posted: 01/05/2010 05:03:08 PM PST PARIS – Airbus has proved its troubled A400M can fly. But now it is threatening to abandon Europe’s new military transport plane – which would compete against the Long Bach-built C-17 Globemaster III – if governments can’t agree on how to share the massive cost overruns. Airbus spokesman Stefan Schaffrath said on Tuesday that ending the overbudget A400M military transport program “is a scenario” if the military plane project “continues to contribute to a loss.” The comments come just weeks after the Dec. 11 maiden flight of the hulking, gray aircraft with a black nose and four black propellers – the beginning of a three-year flight test program. http://www.dailybreeze.com/business/ci_14128410 PARIS (AP) — Airbus has proved its troubled A400M can fly — but now it is threatening to abandon Europe’s new mil
Airbus Threatens to Drop A400M Military Plane Airbus considers cancelling A400M European military plane just weeks after maiden flight By EMMA VANDORE AP Business Writer PARIS January 5, 2010 (AP) Airbus threatened to scrap the overdue and overbudget A400M military transport just weeks after its maiden flight, putting more pressure on seven European governments to give it better financial terms for the troubled project. Analysts said the threat was aimed at forcing goverments to move ahead with a project that supports 40,000 jobs but is three years overdue and over budget. Actually cancelling would be highly unappetizing at a time of high unemployment across Europe, and alternative planes don’t meet the requirements set out for the A400M. EADS, Airbus’ parent, hopes governments will either pay more for the planes or reduce the number of planes on order. Other options include reducing the specifications, or spreading increased payments out over time. The customer governments have agreed
