Rolls-Royce hit by Airbus delays
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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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European aircraft manufacturer Airbus delayed unveiling its long-awaited rescue plan, pointing to renewed strains between Germany and France about about where cuts will fall.
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Airbus parent EADS  announced  further delays in A380 deliveries on Thursday, but said it was  too early to gauge the delivery schedule or any financial  impact from the latest setbacks to the superjumbo.
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Airbus revealed new delays for its   troubled A380 superjumbo on Thursday, blaming a repeat of   wiring installation problems which have already pushed the jet   programme a year behind schedule and sliced into future   profits.
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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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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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The world's airlines were forced to  review growth plans on Wednesday after Airbus parent EADS   again pushed back first delivery of its troubled A380  superjumbo.
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British 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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European aerospace group EADS has admitted that its Airbus superjumbo airliner is set for further delays, after a newspaper report said huge cost cuts and a production switch out of the eurozone were being considered.
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A Nimrod flight from RAF Kinloss is delayed for safety checks on the fleet after a "technical issue" arises.
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The first deliveries of AirbusÂ troubled A380 super jumbo jet were delayed again today, this time by as much as another year, pushing the program off by a full two years.
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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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European aerospace group EADS admitted that its Airbus A380 superjumbo was set for further delays, and a newspaper report said huge cost cuts and a production switch out of the eurozone were being considered.
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Rolls-Royce says it has suspended production of its Trent 900 jet engines for 12 months owing to fresh delays to the Airbus A380 superjumbo.
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Top managers at Airbus parent company EADS knew of delays in aircraft production when they sold their stock options in March, shortly before Airbus shares crashed on a shock announcement, a French daily alleged Tuesday.
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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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A much-vaunted plan to revive the fortunes of the struggling European aircraft manufacturer Airbus, unveiled four months ago in response to damaging production delays, is taking its time getting off the ground.