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Old 21st Sep 2006, 21:26
  #49 (permalink)  
lowerlobe
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Airbus has announced the A-380 has or will be delayed further and that Qantas is unlikely to to recieve the 380 until 2008 at the earliest.Apparently QF has or is recieving $140 million so far in payments because of the delay and that was before this latest announcement.

Firstly,I think you can see who is paying for the cabin crew VR program and secondly,if these delays continue the QF profit for next year will be a humdinger if these penalty payments increase or continue.

Shares in airlines or the industry as a whole are generally looked at skeptically because of their sensitivity and vulnerability to outside events but shareholders in airbus must be getting particularly nervous
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