EADS Reports on Costs to Repair A380 Wings | Aviation International News

EADS Reports on Costs to Repair A380 Wings

Airbus still expects to deliver 30 A380s this year. (Photo: Airbus)

By Gregory Polek • Senior Editor

November 8, 2012

EADS has spent some €200 million out of an expected €260 million total outlay this year on repairs to cracked Airbus A380 wing rib feet, the company revealed Thursday. Still expecting Airbus to deliver 30 A380s by the end of this year, EADS must absorb the costs even while the A380 continued to generate no contribution to profit margins in the third quarter, according to EADS chief financial officer Harald Wilhelm. Still, the company remains committed to reaching program “break-even” by 2015, he said.

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