EADS announces further delays superjumbo Airbus A380

EADS today announced further delays in Airbus A380 deliveries, but the aeronotic european Group said it was too early to gauge the delivery schedule or any financial impact from the latest setbacks to the superjumbo Airbus A380.

“EADS does not confirm nor deny specific information reported by various media relating to the A380 program because the review of the program is not completed yet”, said EADS.

“Although Company's assessment is still under way, continuing industrialization challenges with the wiring of production aircraft have been identified and are being tackled. Consequently, from what is known today, there will be further delays,” EADS said in a statement.

“The current status is that we have not finalized the schedule of deliveries nor the financial impact of any delays. All appropriate resources are focused on bringing the ongoing assessment to maturity. EADS and Airbus will provide more detailed information within 4 weeks as Airbus is currently working on developing action plans and a solid delivery schedule to its customers. In the meantime flight testing milestones of the superjumbo Airbus A380 are progressing as planned.” it added.

EADS is a global leader in aerospace, defence and related services. In 2005, EADS generated revenues of € 34.2 billion and employed a workforce of about 113,000. The EADS Group includes the aircraft manufacturer Airbus, the world's largest helicopter supplier Eurocopter and the joint venture MBDA, the international leader in missile systems. EADS is the major partner in the Eurofighter consortium, is the prime contractor for the Ariane launcher, develops the A400M military transport aircraft and is the largest industrial partner for the European satellite navigation system Galileo.

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