backtop


Print

Airbus announces new delays for the world's largest airliner

Airbus has announced new delays for its massive A380 superjumbo jet. The French company reported today that it is having continued problems with wiring installations. The troubled program has already been plagued by two previous delays and this latest hitch could set back deliveries by another six months.

The $300 million USD Airbus A380, which is the biggest airliner ever built, has a three-class seating capacity of 555 people and can carry a maximum of 800 in all-economy class seating. Airbus has already received orders from Virgin Atlantic, Qantas, Lufthansa, Singapore Airlines, Korean Air, FedEx and UPS. Reuters reports:

The 12-billion-euro ($15 billion) programme to produce a new class of mammoth plane has already been hit twice by problems in fitting each jet's 500 km (300 miles) of wiring, culminating in a 2 billion euro profit warning and management shake-up in June…Assembly workers in Toulouse, southern France, have been bogged down for a year in airlines' request for special cabin features and frills that affect each plane's wiring layout.

Shares of EADS, the parent company of Airbus, were down 3.9% on news of the announcement. Shares of EADS are down a total of 30% for the year as it recovers from setbacks caused by an A350 engine redesign and impending competition from Boeing's stretched 747-8 and yet to be released 787 Dreamliner.





"You can bet that Sony built a long-term business plan about being successful in Japan and that business plan is crumbling." -- Peter Moore, 24 hours before his Microsoft resignation
Related Articles
New Boeing 787 Pictures Released
March 10, 2006, 11:30 AM



Latest Headlines
How Apple watch Series 2 differ from the S1
February 18, 2017, 5:37 AM
Chuwi LapBook
February 6, 2017, 6:49 AM
LG Watch Style
February 5, 2017, 8:00 AM
New iMac and Release Date
February 4, 2017, 9:30 AM




Latest Blog Posts
Around the World
Saimin Nidarson - Feb 18, 2017, 5:48 AM
News of Future
Saimin Nidarson - Feb 17, 2017, 6:30 AM
Some News
Saimin Nidarson - Feb 14, 2017, 5:36 AM
What's New?
Saimin Nidarson - Feb 10, 2017, 6:15 AM
Unleashed News
Saimin Nidarson - Feb 9, 2017, 6:00 AM
Eye catching news
Saimin Nidarson - Feb 8, 2017, 6:16 AM
Some World News
Saimin Nidarson - Feb 7, 2017, 6:15 AM
Today’s news
Saimin Nidarson - Feb 6, 2017, 10:11 AM
Some News
Saimin Nidarson - Feb 5, 2017, 7:27 AM
Notes and News
Saimin Nidarson - Feb 4, 2017, 5:53 AM
World News
Saimin Nidarson - Feb 3, 2017, 5:30 AM
Gadget News
Saimin Nidarson - Feb 2, 2017, 7:00 AM
News Around The World.
Saimin Nidarson - Feb 1, 2017, 7:20 AM
Some News
Saimin Nidarson - Jan 31, 2017, 7:57 AM
Tips of Today
Saimin Nidarson - Jan 30, 2017, 6:53 AM
What is new?
Saimin Nidarson - Jan 29, 2017, 6:26 AM






botimage
Copyright 2017 DailyTech LLC. - RSS Feed | Advertise | About Us | Ethics | FAQ | Terms, Conditions & Privacy Information | Kristopher Kubicki