Why is Airbus threatening to abandon Europes A400M military transport plane?
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. This needs to be urgently resolved.” Sources: http://finance.yahoo.com/news/Airbus-threatens-to-drop-apf-510024469.html?x=0&.
