Rolls-Royce hit by Airbus delays
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Rolls-Royce suspends production of a top engine following delays to the Airbus A380 announced this week.
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Rolls-Royce confirms it will suspend production of a top engine because of delays to the Airbus A380.
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Planemaker Airbus is expected to announce   fresh delays to its embattled A380 superjumbo in coming days, a   French media report said, adding to woes for parent firm EADS   EAD.PA whose shares were also hit by a brokerage downgrade.
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A huge systems crash causes delays in processing some claims at the Department for Work and Pensions.
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PARIS/MELBOURNE  - The world's airlines were forced to review growth plans and investors hammered the shares of Airbus parent EADS  on Wednesday after the European planemaker again pushed back deliveries of its A380 superjumbo.
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Thousands of British Airways passengers at London's Heathrow Airport faced delays after the airline was hit by a combination of staff shortages and technical problems, it said.
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New delays expected for the A380 superjumbo airliner are a blow to Airbus after a production crisis three months ago but are unlikely to cause customers to cancel orders.
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European aircraft manufacturer Airbus has delayed a major announcement on restructuring to pull out of a financial crisis, citing strains over national interests.
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European aircraft maker Airbus is  expected to announce further delays in the deliveries of its  A380 superjumbo planes in the next few days, French newspaper  Les Echos reported on Wednesday without citing sources.
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Engine maker Rolls-Royce has announced it has agreed to supply European aircraft manufacturer Airbus with a new Trent engine for use in the Airbus A350 XWB passenger jet.
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Airbus may delay delivery of its A380 airliner by more than a year amid rising production costs.
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Airbus faces the possibility of crippling A380 order cancellations after its parent company confirmed Thursday that the flagship superjumbo program will be delayed a third time. Emirates, the biggest A380 customer so far, said its 45-plane order was now "up in the air."
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The woes affecting European planemaker Airbus seeped beyond the troubled A380 superjumbo on Thursday as doubts surfaced over two other projects and the EADS
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Airbus postpones a key decision on a major overhaul of the business, amid disagreement between its various European partners.
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Airbus said Monday that its long-awaited restructuring plan, designed to make up for costly production setbacks, has itself been delayed.Comment
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Airbus and its parent company EADS could disclose new delivery delays for the A380 superjumbo as well as a restructuring plan for the aircraft manufacturer, following a meeting Tuesday of EADS directors.
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European planemaker Airbus says it has put the problems associated with its A380 superjumbo behind it.