Word: superjumbos
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...million Estimated price of the Airbus A380 superjumbo purchased by an anonymous buyer at the Paris air show for use as a private...
...short circuit at Airbus has turned out to be much more serious than expected. For several months, officials at the giant aerospace company have explained away the delays dogging their biggest project, the €12 billion superjumbo A380[an error occurred while processing this directive] plane, by blaming the wiring. Each A380 has about 500 km of electrical cables that need to be configured individually for different customers (so the explanation went), and that was proving far more complex than anticipated. Last week, the story changed. Airbus postponed the A380's launch once again, but acknowledged that the company...
RAINER HERTRICH, co-CEO of Airbus parent company EADS, acknowledging the €1.45 billion cost overrun in the development of the Toulouse-based planemaker's A380 superjumbo...
...case, accusing Boeing of benefiting from "massive" indirect subsidies: Department of Defense and NASA contracts. A U.S. trade official insisted last week that the Bush Administration is willing to overlook the more than $3 billion in loans European governments have given Airbus in order to get the superjumbo A380, which can carry 550 passengers, off the ground by 2006. But the official wants a commitment from the E.U. to "turn off the tap," adding that Airbus "should be able to compete on its own." Washington wants to head off any Airbus subsidy-supported plan to rival the new Boeing...
...Some experts predict that worst-case scenario won't come about - and also note ADP's good luck: the disaster struck shortly before 7 a.m., limiting a death toll that otherwise might have been in the hundreds. Others suggested the crash might prevent the airport from servicing the new superjumbo Airbus A380 when deliveries begin in 2006, or that it might even imperil Airbus' entire A380 project. That seems farfetched, since de Gaulle (like Frankfurt and Heathrow, which will welcome the first A380 flights by Singapore Airlines), is building the new S3 terminal largely custom-tailored to the A380...