• Most Popular
  • Most Shared

Airbus exec sees new delay in maiden A400M flight

Mon Oct 15, 2007 6:18am EDT

Stocks

   

TOULOUSE, France, Oct 15 (Reuters) - A top official at European planemaker Airbus (EAD.PA) predicted on Monday that the maiden flight of the A400M military airlifter would be delayed until July 2008.

Stocks

The first flight of the aircraft being built for seven European NATO nations was originally scheduled for January 2008.

Tom Williams, executive vice-president for the company's "Programmes" division, confirmed that the company's internal target date for the first flight is May 2008, as recently reported by Reuters, and said this was now likely to slip back another two months until July.

"May is the internal target but personally I think the first production aircrft is unlikely to fly before July," Williams told reporters on the sidelines of an A380 delivery ceremony.

The cumulative six-month delay will make it difficult to meet the targeted first delivery date of October 2009, he said.



More from Reuters

Photo

Plot exposes fissure in U.S. intelligence community

WASHINGTON (Reuters) - Last week's failed plot to bomb a U.S. passenger jet has exposed lingering fissures within the U.S. intelligence community, which had information from interviews and clandestine intercepts but did not put the pieces together, officials said.

Floor traders work at the Hong Kong Stocks Exchange, January 16, 2008.   REUTERS/Bobby Yip

My way or the highway?

Hong Kong is poised to accept Beijing's accounting standards. That's good. The system, though, is prone to scandal. That's bad.  Full Article 

People walk past a branch of Bank of America in New York's financial district April 28, 2009. REUTERS/Brendan McDermid

Move your money

Boycotting "too big to fail" banks is a great idea -- so long as investors remember that banks aren't the only ones responsible for the crisis.  Full Article