Wednesday, 4 March 2009

Airbus in trouble

Der Spiegel reports Airbus Industries could be facing ruinous repayments following the cancellation of Germany's order for 60 A400M military transports. The A400M is over a year behind schedule and still has not flown. Further cancellations could jeopardise the European challenger to the Lockheed-Martin C-130.

http://www.spiegel.de/international/europe/0,1518,610732,00.html