Airbus Might Face Higher Costs on Delayed Military Transport Plane
The Airbus Group warned Friday that the costs associated with a much-delayed military transport plane could increase after the European aerospace giant failed to meet a deadline for equipping the aircraft with combat capabilities. Airbus said the latest production snag involving the A400M Atlas cargo plane — which cost 20 billion euros, or $25 billion, to develop — risked adding to the €4 billion in added expenses that the group has already absorbed since 2006.
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