Airbus Says Some A380s on Order May Not Be Delivered
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Airbus Group NV 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 carrier.
“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 conference call to discuss earnings. “We are watching the situation carefully, and know about the strengths and weaknesses of customers.”