Airbus pips Boeing in sales of aircraft
By Emma Vandore |
January 13, 2010, Wednesday
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Print Edition
Print Edition
AIRBUS yesterday said it beat rival Boeing in aircraft production in 2009, maintaining its place as the world's largest plane maker, but CEO Tom Enders warned a troubled military transport jet program is hurting competitiveness.
Airbus delivered a record 498 aircraft in 2009, above its 2008 tally of 483 and Boeing's score of 481. But that figure will be of little consolation if the A400M transporter program is scratched, costing the company billions.
Customer governments have so far failed to agree on who should bear the extra costs of the delayed and over-budget program, meant to be a groundbreaking example of European defense cooperation.
Enders said he is serious about halting the program if governments don't agree on new financial terms.
Analysts have said the threat is aimed at forcing governments to move ahead with a project that supports 40,000 jobs, many of which would be based in Seville, where the A400M is assembled.
The hulking gray turboprop, which made its first flight only last month, is swallowing 100 million euros (US$145 million) per month and valuable engineering resources, Enders said.
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