Energy News  
AEROSPACE
Airbus military plane clients maintain delay penalties: source
by Staff Writers
Madrid (AFP) March 30, 2017


The representatives of seven countries buying Airbus's troubled A400M military plane told the aviation giant Thursday they would maintain penalties over delivery delays after a meeting in Madrid, a source at the talks said.

The A400M was commissioned jointly in 2003 by the governments of Germany, Belgium, France, Britain, Luxembourg, Spain and Turkey, but since a delayed launch in 2013 it has run into difficulty, with behind-schedule deliveries of the plane.

Last month, Airbus CEO Tom Enders told reporters that the group would ask clients to refrain from imposing further penalties over delivery delays as the firm's 2016 profits nosedived due to charges related to problems with the transport plane.

Spain then invited Airbus and defence officials from the seven client nations for a meeting in Madrid, which took place on Thursday.

Airbus was represented by Dirk Hoke, the head of its defence and space division.

"The clients were firm towards Airbus," a meeting source who refused to be named told AFP.

"They maintained the penalties... and asked that Airbus honour its commitments."

Originally planned for 2011, the plane's launch was delayed by two years.

The A400M's delivery has also run into substantial delays due to a string of technical problems and different requests from the governments.

An A400M plane crashed during a test in May 2015 near Seville in Spain, killing four of the six people on board and seriously injuring the two others.

And new faults were discovered in the propellor engines last year.

Last month when the group announced its results, Enders said that Airbus needed "the cooperation of clients... to push the programme forward and end the haemorrhaging."

At the time, the Spanish defence ministry said Enders had "surprised the seven partner countries with declarations to the media about difficulties encountered in the development of the programme".

The German government, the main customer for Airbus military aircraft, has also urged the firm to live up to its contractual obligations and deliver the promised A400M planes.

pmr/mbx/ach

AIRBUS GROUP

AEROSPACE
China Southern, American Airlines announce tie-up
Shanghai (AFP) March 28, 2017
American Airlines on Tuesday confirmed it will purchase $200 million in China Southern Airlines stock, the first step in a planned "long-term relationship" between two of the world's biggest carriers. American Airlines, the world's largest by scheduled passengers carried, will buy 8.83 percent of the Hong Kong-listed shares of China Southern, which is fourth globally and the biggest in Asia. ... read more

Related Links
Aerospace News at SpaceMart.com


Thanks for being here;
We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.
SpaceDaily Contributor
$5 Billed Once


credit card or paypal
SpaceDaily Monthly Supporter
$5 Billed Monthly


paypal only


Comment using your Disqus, Facebook, Google or Twitter login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle

AEROSPACE
World Bank urges more investment for developing global electricity

US states begin legal action on Trump energy delay

Program to be axed saves energy in LA buildings

Energy demand metrics indicate strong U.S. economy

AEROSPACE
How does oxygen get into a fuel cell

Clarifying how lithium ions ferry around in rechargeable batteries

Building a market for renewable thermal technologies

New gel-like coating beefs up the performance of lithium-sulfur batteries

AEROSPACE
Japan scientist eyes energy burst from 'typhoon turbine'

Mega-wind farm offshore Denmark clears hurdle

North Carolina offshore wind hailed as job creator

North Carolina ready for offshore wind energy auction

AEROSPACE
Report: Global renewable power capacity expanding

Financialization's negative effect on the American solar industry

Bio-inspired energy storage: A new light for solar power

First Solar to deliver 48Mw Manildra solar farm

AEROSPACE
Toshiba's US nuclear unit files for bankruptcy protection

Toshiba execs under fire as loss forecast balloons

Westinghouse's woes spotlight US nuclear sector's decline

Japan high court rules nuclear reactors can restart

AEROSPACE
Ridding the oceans of plastics by turning the waste into valuable fuel

Shell unveils giant new high-tech research lab in India

Hydrogen production: This is how green algae assemble their enzymes

Community in chaotic Jakarta goes green to fight eviction

AEROSPACE
Gazprom boasts of expanding gas exports

Qatar to increase gas production by 10 percent

New technology could end costly crude oil pipeline blockages

Slow start for oil prices in the first trading day in April

AEROSPACE
US will keep climate commitments despite Trump: ex-mayor of NY

US climate science hearing descends into bullying 'food-fight'

Trump keeps world dangling on Paris climate pact

Trump moves to roll back Obama climate measures









The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.