Airbus A400M Needs Another Infusion Of Cash | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Most Recent Daily Episodes

Episode Date

Airborne-Monday

Airborne-Tuesday

Airborne-Wednesday Airborne-Thursday

Airborne-Friday

Airborne On YouTube

Airborne-Unlimited-04.28.25

Airborne-NextGen-04.29.25

AirborneUnlimited-04.30.25

Airborne-Unlimited-05.01.25

AirborneUnlimited-05.02.25

Sat, Jan 23, 2010

Airbus A400M Needs Another Infusion Of Cash

Already On Life Support, Planemaker Says $7.3 Billion more Needed To Complete The Project

Already years behind schedule and far over budget, Airbus says the A400M program will require an additional $7.3 billion in order to bring the aircraft to production. The figure was leaked by a French website Thursday as officials from several governments planned to meet for critical talks on the project.

The international news service AFP reports that the website letribune.fr cited an unnamed source "close to the negotiations" that indicated EADS was prepared to pick up about $1.1 billion of the additional cost.

AFP reports that the first day of talks among representatives of seven NATO countries was set for Friday. The focus of the meeting was to discuss how to move the project forward. Airbus has publicly threatened to scrap the A400M program if they don't get additional support from the already cash-strapped governments of Germany, France, Great Britain, Spain, Belgium, Luxembourg, and Turkey.

FMI: www.eads.com

Advertisement

More News

Lockheed Hands Over Completed Artemis II Spacecraft

NASA Takes in Orion, Begins Launch Processing for a Crewed Mission Aerospace giant Lockheed Martin recently turned in its share of the Artemis II venture, delivering its Orion spac>[...]

NTSB Final Report: Pulsar Super Pulsar

During The Forced Landing, The Airplane Landed Short Of The Runway And Left Of The Runway Centerline Analysis: The pilot reported that, during the initial climb, the engine lost pa>[...]

Classic Aero-TV: Van Horn Rotor Blades -- Tail Rotor Replacements For Bell's 206

From 2010 (YouTube Edition): Company Pioneers Alternatives For Bell 206 TR Blades The approved part replacement business can be a tough one... especially when you're competing with>[...]

ANN's Daily Aero-Term (05.02.25): Obstacle

Obstacle An existing object, object of natural growth, or terrain at a fixed geographical location or which may be expected at a fixed location within a prescribed area with refere>[...]

Aero-News: Quote of the Day (05.02.25)

“NATA’s 3,700 member companies operate at nearly 4,500 airports in thousands of communities across the nation, providing air transportation services, driving economic g>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2025 Web Development & Design by Pauli Systems, LC