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Germany: the cut of the A-380 could lead to losing 750 million euros

Airbus had undertaken not to close the program until 2028

Last week from Germany it was declared to be in talks with the aerospace company Airbus to obtain about 600 million euros loaned for the development of the A-380 aircraft (see AVIONEWS) which will be shut down in 2021, after only 14 years of service. In reality, however, this decision for Germany could have greater damage than the money that will be asked back, because in a document from the German...

M/A - 1219779
Berlin, Germany, 03/13/2019 15:58
AVIONEWS - World Aeronautical Press Agency

IndustryGermany tries to recive back 600 million euros from Airbus

Part of the loan for the development of the A-380 aircraft

Germany would be negotiating with Airbus to receive back some 600 million euros (a total of 942 million euros) lent from Berlin to the European company to develop the A-380 aircraft, which since 2021 will... more

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