Cracks could cost $ 100 million to Airbus
Repair cracks appeared on the wings of the Airbus A380 jumbo could cost up to 100 million euros in the aircraft manufacturer, writes Der Spiegel Sunday.
The identification and repair of cracks on the 69 aircraft already in service would cost in themselves within 70 million, thirty million then being attributable to a change production procedures, continues the weekly said, citing experts and people of Airbus.
Der Spiegel also quoted a spokesman for Airbus, an EADS subsidiary, which states that a long-term technical solution will be found by the summer, without comment on the cost.
European authorities are preparing to extend the inspection process to all Airbus A380 fleet after the discovery of cracks on the wings of some copies of trè s jumbo jet, said on Wednesday sources close to the matter.
Moreover, in an interview published Monday in WirtschaftsWoche, Louis Welsh, CEO of EADS, said he wanted make 350 million euros in savings this year by unifying procedures for various business functions.
He added that in view of recent successes in the U.S., EADS should seriously consider building a plant there.
Welsh also said that the A320neo should be profitable in its first delivery in October 2015. "Development costs are limited and therefore we will have depreciated even before the start of production" No he said.
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