Airbus superjumbo €1.45 billion over budget

[bin.dare]

http://www.ireland.com/newspaper/breaking/2004/1215/breaking29.htm

Planemaker Airbus's A380 superjumbo project is running €1.45 billion over budget because of work to improve the efficiency and weight of the aircraft, the co-head of parent company EADS said.

Total costs for the mammoth doubledecker are currently estimated at over €12 billion, EADS German co-chief Mr Rainer Hertrich said.

...

Mr Hertrich said today that the A380 will be presented on January 18th and added that the company was sticking to its target for the aircraft to take off for the first time by the end of March.

The A380 is set to eclipse Boeing's 747 jumbo as the world's biggest airliner, with seating for 555 passengers or more depending on layout

[Squatch]

1. And the "My penis is bigger than your penis" airliner wars continue

Personally, I think I'll pass taking a trip on this new Scarebus.

[Parche]

2. A-380

I personally think it is not going to fly
only a few airports in the world can even accept it
it is way to big, and I dont like airbus anyway!!
buy American!!!

[Florida_Geek]

3. Boeing is getting out of the commerial bus.

Talk to Boeing why they do not want to make commerial planes any more.

Love Airbus.....

[bahrbearian]

4. They are a real estate holding company now, sell everything but

Everett.

[bahrbearian]

6. It will fly, It won't take much to build new passenger bridges.

I would not consider Boeing an American company, after they outsourced half of the commercial airplane fabrication and manufacturing.

[DS1]

8. That's what they said about the 747, isn't it?

About the not many airports being able to accept it, and it being too large to possibly be safe...

I, for one, welcome new technology, but after being burned by Microsoft countless times, I'll let someone else beta test it :7

[VegasWolf]

5. and that's 1.5 billion euros, thats like a trillion zillion peso's or US

dollars.

[SKKY]

7. Actually VegasWolf...

...and using todays' exchange rates, it's about 10 Gagillion Mexican pesos, and a trillion zillion in US dollars.

[VegasWolf]

10. Thanks Sailor! I figured I was off by a few pennies. n/t

[donheld]

9. We'll see if it flies or not