Aircraft
Airbus To Slow A380 Delivery Rate
Airbus has adjusted its delivery sched

Airbus has adjusted its delivery schedule for the A380 superjumbo for this year to reflect a planned cut in production from 18 to 14 airplanes “due to the current economic and aviation crisis and following specific customer requests for deferrals,” the company announced today. The European manufacturer also revealed that it planned to deliver 20 airplanes next year, and added that rate schedules beyond 2010 will depend “on airline demand and availability of customer financing.” The company said it planned to take “mitigating actions” against the negative effects of the production cut and expects “no significant impact” on earnings.

An Airbus spokesman couldn’t elaborate on the nature of the so-called mitigating actions, saying only that “it is too early to say, like job-wise, etcetera.”