Airbus superjumbo flies towards new delays: company sources
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European aircraft maker Airbus is likely to announce further delays to its A380 superjumbo because of production problems with cabling, company sources said.
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European aircraft manufacturer Airbus has delayed announcing details of its long-awaited rescue plan, pointing to renewed strains between Germany and France over where cuts will fall.
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European aerospace group Airbus and its parent EADS have said that they had suspended work on a long-awaited restructuring plan for Airbus, due to be unveiled on Tuesday, citing strains over national interests.
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The parent company of Airbus said its troubled A380 would face more delivery delays while it tackles wiring Âchallenges.Â
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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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The biggest customer for Airbus' A380 superjumbo says it is reviewing its options after further delays to the plane.
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The head of Airbus is not ruling out  abandoning the Airbus A350 XWB project, a redesigned version of  the planemaker's slow-selling mid-sized plane, because of the  delays in the A380 superjumbo, the Financial Times reported.
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Airbus said Monday it postponed a news conference at which it had been expected to announce its long-awaited restructuring strategy.
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PARIS/MELBOURNE  - Airlines were forced to review growth plans and investors hammered the shares of Airbus parent EADS on Wednesday after the European planemaker announced more delays to its A380 superjumbo.
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Singapore Airlines, launch customer for the Airbus A380 super jumbo, was weighing the cost of existing delays in delivery of the aircraft as its manufacturer prepared to discuss new holdups.
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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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Airbus is taking the world's press for a flight in its Super Jumbo as it tries to recover from recent bad publicity.
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The view from the Airbus cockpit turned darker when its managers said the European plane-maker might take 15 years to catch up with Boeing and that the A350 project might be suspended.
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Airbus plans to increase production of its A320 family of airliners as the company bets on strong demand for its smaller planes to take the sting out of costly delays to its A380 superjumbo jet. An Airbus spokesman, Justin Dubon, confirmed the plans, reported by The Wall Street Journal. The company, based in Toulouse, would produce 32 of the single-aisle planes each month starting in January, instead of the 30 produced currently. Production will increase further, to 34 planes a month in March 2008 and to 36 by December that year. Before the increase was decided, the first delivery windows available to new customers were in 2010, Mr. Dubon said. Faster production will open up new slots well before that date.
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European planemaker Airbus is hit by further reports that it could announce another delay in production of the A380.
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The board of Airbus parent EADS  is expected on Tuesday to decide on a cost-cutting program and assess the impact of the latest delay in its A380 superjumbo plane, which one newspaper report said could now slow 2007 deliveries to just two aircraft.
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Airbus parent EADS EAD.PA confirmed   fresh delays to its A380 superjumbo on Thursday, but said it   was too early to say how long the third postponement in   deliveries would last or how much it would cost.