Airbus Targets One Export Order for A400M by End of 2014

Airbus Group NV (AIR) is targeting its second export order for the A400M military cargo plane before the end of this year, said Christian Scherer, head of marketing and sales at the company’s defense and space division.

More from the Singapore Airshow:

Airbus, known as European Aeronautic, Defence & Space Co. until January, is targeting a jump of more than 40 percent in the sales contribution of exports at the military and space unit where it’s cutting 5,800 jobs.

The company’s only export order for the plane currently is from Malaysia, for four planes. Airbus has orders for 180 A400Ms from seven European governments and Turkey and delivered its first plane to France last year.

To contact the reporter on this story: Andrea Rothman in Toulouse at aerothman@bloomberg.net

To contact the editor responsible for this story: Benedikt Kammel at bkammel@bloomberg.net

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.