Airbus A380 Delayed By Another Year

Deliveries of the Airbus A380 superjumbo plane will be delayed by a further year on average, parent company EADS said Oct. 3.

The delays are expected to cut EADS' core earnings by a total 2.8 billion euros (US$3.6 billion) over the next three years, the group added.

Meanwhile, Airbus will launch a plan designed to save two billion euros per year starting in 2010, EADS said.

Copyright Agence France-Presse, 2006

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