Monday, August 16, 2010

Airbus Avoids First A380 Cancellation With Malaysia Late-Delivery Accord

Airbus SAS, the world’s largest maker of commercial aircraft, avoided the first order cancellation for its A380 superjumbo after agreeing to compensate Malaysian Airline System Bhd. for late delivery.

Airbus will deliver the first A380 to the Malaysian carrier in April 2012, and the two sides agreed to proceed with the order for a total of......

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