topics
tools
Expatica countries
Index Last Var.(%)
BEL 20 2280.22 -0.26
DAX 6748.76 -0.08
IBEX 30 8849.3 0.03
CAC 40 3410 -0.05
FTSE 100 5875.93 -0.24
AEX 325.33 -0.20
DJIA 12883.95 0.04
Nasdaq 2915.86 0.41
FTSE MIB 16669.22 1.08
TSX Composite 12521.02 0.07
ASX 4354.2 -0.22
Hang seng 20910.52 -0.51
Straits Times 2980.19 -0.07
ISEQ 20 502.05 -0.58
You are here: Home News Dutch News A400M contracts may not be signed till autumn: EADS chief
Enlarge font Decrease font Text size


01/06/2010A400M contracts may not be signed till autumn: EADS chief

The head of European aerospace group EADS said on Tuesday that contracts with clients for the A400M military transporter may not be finalised for several months.

"If it can be done for the summer, that would be best, otherwise it will be in the autumn," Louis Gallois told AFP following a shareholders' assembly at EADS headquarters in Amsterdam.

The aerospace boss said in a weekend interview he hoped to secure contracts for the A400M in the next month, but seemed to temper his comments on Tuesday.

"I said I was hoping for the start of the summer, but it doesn't all depend on me. There is no specific calendar," he said.

"We have to reach an agreement between all seven countries."

The client countries for the Airbus transporter are France, Germany, Spain, Britain, Belgium, Luxembourg and Turkey.

The seven states, after tense negotiations in the face of production difficulties with the A400M, reached an agreement in March with EADS on sharing out 5.2 billion euros (6.4 billion dollars) in cost over-runs.

The first A400M, manufactured by EADS aircraft unit Airbus, is expected to be delivered to France in early 2013.

Gallois said in the weekend interview that tests flights were "going well" but that there remained "real technical challenges" to overcome.

Answering a shareholder question, Gallois also said that EADS could possibly deliver five Tiger combat helicopters to Germany by the end of the year.

Germany has ordered 80 of the helicopters from Eurocopter, a subsidiary of EADS, but Berlin last month slammed "serious defects" in the 11 models that have been delivered so far.

Eurocopter has said it is working on the defects and would hand over a first two helicopters to Germany for intensive tests in June and July.

"If the trials are successful, we will deliver five helicopters by the end of the year," Gallois said.

Germany has said its military "urgently" needs the combat-ready aircraft in Afghanistan, where it has deployed about 4,300 troops.


© 2011 AFP


0 reactions to this article

0 reactions to this article

Discussion Forums

Television in the Netherlands

all in one - TV . INTERNET and PHONE optiosn for amsterdam

Netherlands Soapbox

"No, that's not possible."

Dutch News

Get rid of the word allochtoon

Healthcare in the Netherlands

Insurance making you pay for the past!

Indians in the Netherlands

Attestation of documents from Indian embassy

participate in the forums

Inside Expatica
Setting up home in the Netherlands

Setting up home in the Netherlands

A guide to telephone, internet and television along with utility services water, electricity and gas in the Netherlands.

Dutch immigration and residency regulations

Dutch immigration and residency regulations

Lost in the Dutch immigration system? Look no further than this guide compiled for our Survival Guide 2012.

A brief introduction to the Netherlands

A brief introduction to the Netherlands

Expatica offers a whistle-stop tour of life in the modern Netherlands.

Giving birth in the Netherlands

Giving birth in the Netherlands

The challenges and benefits of the maternity system in the Netherlands and how it differs to other countries.