Air­bus A380 jets de­layed for Emi­rates

China Daily (Hong Kong) - - BUSINESS -

Air­bus Group SE’s prob­lems with its A380 su­per­jumbo jet are deep­en­ing as the plane­maker de­layed de­liv­er­ies of a dozen air­craft over the next two years to Emi­rates, the dou­ble-decker’s big­gest cus­tomer. To make up for the fi­nan­cial drag from the later han­dovers, Air­bus will ac­cel­er­ate cost cuts, ac­cord­ing to an emailed com­pany state­ment on Tues­day. The de­lay stems from an agree­ment be­tween Emi­rates and en­gine sup­plier Rolls-Royce Group Hold­ings Plc, the re­lease said. Han­dovers of six A380 s apiece that were orig­i­nally planned for 2017 and 2018 will be shifted to a year later fol­low­ing a sub­se­quent agree­ment with Emi­rates and Air­bus, the plane­maker said, adding it still plans to de­liver about 120 A380 s per year as of 2018.

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