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| Version 1 | Version 2 |
|---|---|
| Airbus confirms more A380 delays | Airbus confirms more A380 delays |
| (about 1 hour later) | |
| The parent company of European planemaker Airbus has confirmed there will be a further delay in deliveries of its flagship A380 super-jumbo. | The parent company of European planemaker Airbus has confirmed there will be a further delay in deliveries of its flagship A380 super-jumbo. |
| EADS said the hold-up was again linked to wiring problems, the cause of an earlier delay announced in June. | |
| The 12bn euros ($14bn; £8bn) project is already a year late and company sources suggest the latest delay could mean customers waiting a further six months. | |
| EADS said it would give more details on its delivery schedule in four weeks. | |
| In Paris, EADS shares were down 1.7% in morning trade. | In Paris, EADS shares were down 1.7% in morning trade. |
| "Although the company's assessment is still under way, continuing industrialisation challenges with the wiring of production aircraft have been identified and are being tackled," an EADS press statement said. | "Although the company's assessment is still under way, continuing industrialisation challenges with the wiring of production aircraft have been identified and are being tackled," an EADS press statement said. |
| A380 ORDERS SO FAR Emirates: 43 aircraftLufthansa: 15Qantas: 12Air France: 10Singapore Airlines: 10Fedex: 10International Lease Finance: 10UPS: 10Thai Airways: 6Virgin Atlantic: 6Korean Air Lines: 5Etihad Airways: 4Qatar Airways: 2China Southern Airlines: 5Kingfisher Airlines: 5Malaysia Airlines: 6 Source: Airbus See EADS share price | A380 ORDERS SO FAR Emirates: 43 aircraftLufthansa: 15Qantas: 12Air France: 10Singapore Airlines: 10Fedex: 10International Lease Finance: 10UPS: 10Thai Airways: 6Virgin Atlantic: 6Korean Air Lines: 5Etihad Airways: 4Qatar Airways: 2China Southern Airlines: 5Kingfisher Airlines: 5Malaysia Airlines: 6 Source: Airbus See EADS share price |
| The planemaker has sold 159 of the $250m jets to 16 airlines including Emirates, Virgin, Air France and Qantas, many of whom are likely to demand penalties for late delivery of the aircraft. | The planemaker has sold 159 of the $250m jets to 16 airlines including Emirates, Virgin, Air France and Qantas, many of whom are likely to demand penalties for late delivery of the aircraft. |
| BAE pulls out | BAE pulls out |
| EADS issued the latest statement after a report in the French press which claimed that an announcement on more delays was imminent. | EADS issued the latest statement after a report in the French press which claimed that an announcement on more delays was imminent. |
| Last week the head of BAE Systems, which is selling its 20% stake in Airbus, warned of the risk of further production hold-ups. | Last week the head of BAE Systems, which is selling its 20% stake in Airbus, warned of the risk of further production hold-ups. |
| In June, Airbus announced a six-month delay in A380 deliveries due to problems with the aircraft's wiring. | In June, Airbus announced a six-month delay in A380 deliveries due to problems with the aircraft's wiring. |
| The delays sparked a crisis which claimed the scalps of two top executives at Airbus and EADS. | The delays sparked a crisis which claimed the scalps of two top executives at Airbus and EADS. |
| The A380, which has cost 12bn euros ($14bn; £8bn) to develop, will be the world's largest airliner - able to seat more than 800 passengers. | The A380, which has cost 12bn euros ($14bn; £8bn) to develop, will be the world's largest airliner - able to seat more than 800 passengers. |