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| Europe |
| A380 Superjumbo: Still jumbo, not so super |
| 2006-06-15 |
| Shares in European Aeronautic Defense & Space, the parent company of Airbus, plummeted Wednesday, wiping €5.5 billion off its market value, as a fresh delay in the delivery of the new double-decker A380 airplane raised questions about the company's management and strategy. EADS stock slid as much as a third after the French-German company warned late Tuesday that a delay of six to seven months in the A380 delivery schedule would probably reduce operating profits by a total of €2 billion between 2007 and 2010. Several leading customers for the aircraft, including Singapore Airlines, Emirates and Qantas Airlines, suggested that they would seek compensation for the delay, adding momentum to the sell-off... IHT won't let me copy 'n' paste the rest... |
| Posted by:Seafarious |
| #2 The runway at Colorado Springs' airport is 13,500 feet, but it's already breaking up due to the use of inferior concrete. Both the Air Force (which paid half) and the city are investigating. Denver also has a couple of 13,500 foot runways. Unfortunately for Airbus, the thin air up here would require at least a 15,000 foot runway to land their monster on. BTW, both airports regularly handle C-5 and C-17 aircraft. |
| Posted by: Old Patriot 2006-06-15 15:32 |
| #1 They don't even mention that the A380 requires at least 12,000 feet of runway, so most airports will need to extend theirs. Just a little added expense... |
| Posted by: mojo 2006-06-15 14:06 |