Monday, October 23, 2006

Airbus A380 - too big ? Too expensive?

<<606,000>>
URL: http://en.wikipedia.org/wiki/Airbus_A380

1st delay, 2nd delay, now 3rd delay;

"On October 3, 2006, upon completion of a review of the A380 program, the new CEO of Airbus, Christian Streiff, announced a third delay.The largest delay yet, it pushed the first delivery for Singapore Airlines to October 2007, to be followed by 13 deliveries in 2008, 25 in 2009, and the full production rate of 45 aircraft per year in 2010. The delay also increased the earnings shortfall projected by Airbus through 2010 to € 4.8 billion.[16] The customer with the largest A380 order, Emirates, saw its first delivery pushed back to August 2008 and said as a result that it was considering scaling back its order,[17] potentially in favour of the rival Boeing 747-8.[16] Initial deliveries for the A380 freighter were delayed into 2010."

UPS news on A380... (URL: http://today.reuters.com/news/articlenews.aspx?type=businessNews&storyid=2006-10-20T212914Z_01_N20193616_RTRUKOC_0_US-AIRLINES-UPS.xml&src=rss)

"NEW YORK (Reuters) - United Parcel Service Inc. (UPS.N: Quote, Profile, Research), the world's largest package delivery company, has set up a team to evaluate its multi-billion dollar purchase of Airbus A380 freighters, saying all options remain open.
The move, announced in a conference call with analysts on Thursday, and confirmed by the company on Friday, is a further sign of doubt among Airbus customers over the A380 superjumbo, which is now two years behind schedule."

Super jumbo? ::> http://travel.howstuffworks.com/a380.htm

And ... what went wrong?
Per http://www.smh.com.au/news/business/why-airbus-a380-is-so-late--too-many-cooks-and-pollies/2006/10/13/1160246326101.html

"One of the biggest problems for Airbus this year came in June. The huge plane has more than 480 kilometres of wiring in it. Rear fuselages made in Hamburg, Germany, were supposed to arrive in Toulouse, France, with the wiring ready to plug into the front. The halves did not match."

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