Posted on 03/02/2007 7:09:33 AM PST by Fractal Trader
United Parcel Service Inc. said Friday it will cancel an order for 10 Airbus A380 freighter aircraft because it is "no longer confident" that the plane-maker can deliver the planes on schedule.
UPS is the last remaining customer for the freighter version of Airbus's A380 plane. FedEx Corp. and International Lease Finance Corp., a unit of American International Group Inc., canceled their orders last year amid repeated delays to the superjumbo's construction schedule.
Airbus said Thursday it had frozen work on the A380 freighter program and will use the spare capacity for delayed passenger versions of the plane. Michael Hauger, a spokesman for Airbus parent European Aeronautic Defence & Space Co. had told Dow Jones Newswires that Airbus was still committed to a freighter version of the plane, but the schedule had been delayed.
Last week, Airbus and UPS announced a revised delivery schedule for the 10 freighter aircraft, postponing the delivery of them to UPS. Under the new schedule, UPS would take delivery of 10 of the freighter version of the Airbus A380 aircraft between 2012 and 2013, according to a Securities and Exchange Commission filing Thursday.
UPS was originally scheduled to take its first delivery of the A380 freighter in 2009, but last fall Airbus told the package delivery company that the earliest it could get the aircraft was 2010.
(Excerpt) Read more at online.wsj.com ...
aerospace ping
BA UPs
FReeper ping.
Always looks for the post that puts me in a good mood for the weekend. I'm all smiles!
Maybe UPS should have paid for 'expedited delivery.' HA!
Airbust is going the way of Air America.
Well, if UPS does not trust the Airbus to carry EBay boxes of Chinese trinkets, then *I* am not getting on a passenger version.
We need a new word to refer to America's ubiquitous low-quality Chinese imports.
Hmmm, let's see...
Chinese trinkets > Chinkets?
Hmmm...
Bummer. /s
Ha ha.
Darn those mean old Americans kicking the shyte outta socialism. Imperialists!!!! /sarc
If it aint Boeing I aint going. :))
See also:
UPS to Cancel Order for 10 Airbus A380 Freighters Following Delivery Delays by Aircraft Maker
HAHAHAHA! I love to read stuff like this. The frogs taken another one up the a**.
But the euros believe they are superior and smarter to america in every way, how can this be?
Should be interesting how this plays out with Boeing. The new 747 freighter won't be in production till around 2009 but they sold a bunch already. I wonder if UPS will go with freighter versions of the 777 like Fedex did when they cancelled their A380 order so they can get the planes sooner.
I told her there was a chink in the market.
Bye the way, she wasn't amused:/
Hey, thread police...you need to get a hobby. I suggest building scale models. I find it to be quite satisfying.
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