Airbus Faces A400M Order Cancellations Due to Delays

The project to develop the Airbus A400M military transport aircraft may collapse due to severe development delays. Germany may cancel its order for 60 planes by a 31 March 2009 deadline. If other European buyers follow suit, Airbus would face billions of euros in repayments.

ESO: Background information: EADS warns of delays to military programme http://www.europeansources.info/record/eads-warns-of-delays-to-military-programme/

ESO: Background information: EADS poised to shake up military unit http://www.europeansources.info/record/eads-poised-to-shake-up-military-unit/

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