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Sunday, August 5, 2012

A380 wing-fix charges pass €180m in first half

Airbus has recorded total first-half charges of €181 million ($222 million) relating to fixing the cracking problem to wing-rib feet on in-service A380s.

The airframer disclosed the figure in parent company EADS's financial results for the first six months of 2012.

It adds that €23 million of these charges were attributable to the second quarter. A fix for the problem remains "under development", EADS says.

First-half earnings for Airbus of €548 million have already taken into account the A380 charges as well as the charges associated with a new delay to the A350 programme.

Airbus is aiming to deliver 580 commercial aircraft this year and is maintaining that these will include 30 A380s.

source: flightglobal.com

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