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 Shipping, Logistics & Transportation
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17 Nov 06 07:06
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Thai Airways threatens to cancel Airbus order
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Vipin Wilson
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Bangkok, Nov 17: Thai Airways has warned European aircraft manufacturer Airbus that delay in delivery of the six A380 superjumbo jets purchased by the airline could result in a cancellation of the entire order.
Airbus, said in October that problems with the A380 would lead to two-year delivery delays and a future profit shortfall of 6.1 billion dollars.
Thai Airways is expected to make a decision regarding the purchase in early 2007.
The warning follows a decision earlier this month...
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