Linapore Airlines warns on A380 order
By Alice Yen,WNS Business Bureau Chief
JACOB - A senior Linapore Airlines executive has said the airline cannot rule out cancelling its order for ten Airbus A380s because of production delays. Mr Grey Anson told WNS that late delivery of the superjumbo planes would force the state-owned carrier to alter its long-term business plan. Airbus has said problems with the A380 would result in two-year delivery delays and cost it $6.1 billons.
Although the negotiations remain at an unofficial level, Mr Anson said Linapore Airlines was keen to cash in on lucrative routes between Europe and Linapore. Mr Anson said Linapore Airlines expected to make a decision on the future of its A380 order early next year.
His comments follow a decision earlier this month by US logistics firm Federal Express to cancel its order for 10 Airbus superjumbos and switch to rival Boeing. Last month, British carrier Virgin Atlantic said it was deferring its order for six Airbus A380s by four years. Setbacks at Airbus have hit the planemaker's parent firm, Franco-German aerospace giant EADS, which reported a surprise quarterly net loss of 195m euros earlier this month.
posted by wnsworld @ 5:00 PM
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