Airbus Penalized $14 Million Over A400M Delayed Delivery By Germany

  • Our Bureau
  • 05:25 PM, November 16, 2015
  • 2248

Germany has fined Airbus $14 million for the delayed delivery of two A400M military transport planes due this year.

The sum relates to two planes that the German Air Force was supposed to receive by the end of this year, according to a letter from Deputy Defence Minister Ralf Brauksiepe to the rapporteur of the Budget committee.

Germany has ordered 53 of the planes and the German armed forces currently only have one in operation. The army was due to receive five this year, but will now only get one or two, Reuters reported Friday.

The Airbus would have to compensate the government for the delays, German magazine Spiegel originally reported. 

Also Read

US Army Orders Additional 12 Airbus UH-72 Lakota Helicopters For $66 Million

November 13, 2015 @ 08:30 AM

Bhutan Acquires First Airbus Helicopter

November 9, 2015 @ 09:43 AM

Airbus, KAI To Market Korean Military, Civil Helicopters Worldwide

November 4, 2015 @ 09:47 AM

Airbus Delivers Second A400M Aircraft To Malaysian Air Force

January 13, 2016 @ 01:33 PM

Only 29 Of 66 Germany’s Tornado Fighters Airworthy; Defense Ministry Report

December 3, 2015 @ 03:41 PM

Germany’s Tornados, Frigate And Refueling Planes To Back France To Fight ISIS...

November 26, 2015 @ 07:43 PM

Russia, Germany To Jointly Develop Mine-Detection Devices

November 20, 2015 @ 08:28 AM

Airbus To Develop Low-weight Helicopter Armor Under UK R & D Program

November 17, 2015 @ 12:21 PM
FEATURES/INTERVIEWS