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Old 11th Jan 2010, 23:34
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Grimweasel
 
Join Date: Nov 2001
Location: uk
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Airbus chief looks to cancel A400M unless Governments cough-up

BBC News - Airbus chief 'may cancel A400M'

Well, end of Jan looms rather fast and I can't see Gordon and his cronies stumping up any more cash - it's all indirectly found it's way into the private pockets of the bankers who have all fueled the very equity rallies that their bonuses depend on. How's that for a self licking lollipop! Cheers.

From the BBC

"The chief executive of Airbus has warned he is prepared to cancel production of the company's A400M military transport plane.
Tom Enders told BBC World that he would consider ending the programme if European governments failed to cough up more cash.
"We cannot complete the development of this aircraft without a significant financial contribution," he said.
Delays to the A400M project have already increased its budget by 25%.
The project is now 5bn euros ($7.25bn; £4.5bn) over its initial budget as a result of weight and engine problems.
The seven European governments that have ordered the plane will decide by the end of January whether to pay more."
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