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UPS follows FedEx in canceling A380 freighter orders

In November of last year, DailyTech reported that FedEx cancelled its order for 10 A380-800F freighters and instead went with 15 Boeing 777s. The cancellation notice left UPS as the sole customer for Airbus' A380-800F.

Today, we learn that UPS has also decided to back out and abandon the A380-800F. "Based on our previous discussions, we had felt that 2012 was a reasonable estimate of when Airbus could supply this plane," said UPS president David Abney. "We no longer are confident that Airbus can adhere to that schedule."

UPS had 10 planes on order with the option to purchase 10 additional planes from Airbus, but it looks as though Boeing's 747 may be the next best alternative for the shipping company. "It almost spells the demise for that cargo business, because the alternative to the 380 is the (Boeing) 747," said Chris Lozier, an analyst for Morningstar. "You would expect UPS to be at the negotiating table with Boeing right now, if not weeks ago, working out details for the 747."

The news comes just a week after Airbus announced that it was cutting 10,000 jobs. In addition, French unions plan to strike next week in response to the job cuts and German Airbus workers may also join in.

Airbus' A380 program has been plagued with number setbacks, most notably due to problems wiring the large aircraft.



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RE: Subsidies
By cpeter38 on 3/3/2007 9:23:25 AM , Rating: 2
In automotive engineering (US), vacation for new people starts at 1 week per year. You have to work for 20 years to get to 25 days of vacation!! The average over a "30 year career" is in the neighborhood of 17 days. However, that assumes that you will get 30 years at the company (hmm, don't think that is likely at Chrysler, GM, or Ford).

In my 9 years in the industry, I am sure that my average work week is between 47 and 50 hours. I am too lazy to do the math right now, but, if you add up the hours in a year, there is no comparison.


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