March 2, 2007

SAVES THE WORKERS HAVING TO STRIKE:

Airbus is delaying A380 freighter (Andrea Rothman and Mary Schlangenstein, 3/02/07, Bloomberg News)

Airbus, struggling to end a financial crisis sparked by delays in the A380 superjumbo jet, postponed the freighter version of the plane. United Parcel Service, the freighter's only remaining customer, said the move took it by surprise.

"We have rescheduled the A380 freighter program," Maggie Bergsma, an Airbus spokeswoman, said Thursday, without giving details of the new plan.

The program suspension is good news for Boeing, which is likely to sell more freighter versions of its new 747-8 jumbo jet as the burgeoning air-freight market seeks more high-volume cargo capacity.

Posted by Orrin Judd at March 2, 2007 8:40 AM
Comments

"We have rescheduled the A380 freighter program," until the EU transportation department gives us the E6billion we lost building the plane in the first place.

Posted by: KRS at March 2, 2007 11:07 AM
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