Airbus Facing Pounds 156m Delivery Delay Fine

Evening Post (Bristol, UK) › August 08, 2009

Linked as:

Summary

PLANE giant Airbus is reportedly facing a Pounds 156 million fine for late delivery of its A380 superjumbo.

It has again postponed delivery of the first A380 jumbo jet to China Southern Airlines, to 2011 this time, and will have to pay up to $250m in compensation to the carrier for the delay.

See the full content of this document

Extract

Airbus Facing Pounds 156m Delivery Delay Fine

The A380 planes' wings, landing gear and fuel systems are made by Ai...

See the full content of this document