Airbus: "not all A380 heavies on order may be delivered"...

[Stratofreighter]

Jul 30, 2014 11:15 AM GMT+0200

Airbus Group NV (AIR) said it’s closely monitoring the financial health of customers for the flagship A380
and acknowledged that not all superjumbos on order will get built after it pulled a purchase accord with a Japanese airline.

“Without referring to any specific airline,
I can assure you that we have cases where airlines are in the order backlog but not in the production plan,”
Chief Executive Officer Tom Enders said today on a call to discuss second-quarter earnings.

Enders sought to reassure investors who question the robustness of the A380 program,
which hasn’t picked up a new airline customer in two years
and drew a blank at this month’s Farnborough Air show.

Airbus acted “proactively” in canceling the order for six double-deckers with Japan’s Skymark Airlines Inc. (9204),
and the manufacturer is confident it can place the already-built planes with another customer, Enders said.

...see http://www.bloomberg.com/news/2014-07-3 ... rease.html for more.