Simviation Forums

by **ozzy72** » Sat Mar 03, 2007 7:06 am

Doesn't look to be going at all well. Methinks Airbus have just made a giant leap backwards ::)

Shares in Airbus parent firm EADS have fallen by as much as 3.9%, after the firm said it was suspending work on a freight version of its A380 superjumbo.
Airbus revealed on Thursday that it was planning to focus on the main passenger version of the troubled project.
Doubts over the freight version of the A380 increased last week, after US courier firm United Parcel Service postponed its order for the plane.
Airbus confirmed earlier this week it was cutting 10,000 jobs across Europe.
The firm said on Wednesday that it would axe 8,300 jobs in France and Germany, as well as 1,600 staff in the UK and 400 in Spain.
Airbus has been struggling in the wake of production delays to its flagship A380 passenger jet project, which has cost the firm about 5bn euros (

by **expat** » Sat Mar 03, 2007 11:10 am

There is no worries to be had over the A380. If it all really goes down hill, the French government will put up two fingers to the EU rules and regulations and bail it out.

Matt

by **Boomtown Rat** » Sun Mar 04, 2007 7:38 pm

This may be seen as somewhat bad, which indeed it is, but it allows Airbus to allocate more resources to the Passenger version of the A380 to more quickly fix the problems and get things back on track.

by **Craig.** » Mon Mar 05, 2007 5:48 am

The second Fed-ex pulled out the project had no chance. UPS might be the bigger company, but as far as air freight goes Fed-ex has the bigger operation. UPS just doesn't have the one main base that compairs to Memphis and Fed-ex. Its a shame as I really was looking forward to seeing the A380 lined up with the DC10's and MD11's. oh well, still time in the future if the project doesn't completely crash.

by **Jakemaster** » Mon Mar 05, 2007 10:11 am

Airbus keeps making mistakes with this project, the biggest one being that they gave a delivery date that they HAD to know they wouldn't meet. Seriously, if they had said it would be delivered in 2008 or maybe even later, they'd be living the life and having no problems with customers. What I think the real problem is is that they said they would be finished and delivered a while ago, and companies are like "What the heck is taking so long?" and Airbus just wont admit they screwed up so the companies dont want it anymore.