Trouble at Airbus

[typhoonpilot]

As predicted:

SQ cancels A345 options, expects A380 comp [size=-1]May 12[/size][size=-1]
Singapore Airlines, which ordered 5 Airbus A340-500s and options on a further 5 aircraft, has cancelled these options. The airline has already taken delivery of the 5 ordered aircraft. The airline also said it will seek to receive compensation from Airbus for the delay in delivery of the A380. Singapore is the first airline scheduled to take delivery of the Super Jumbo and is supposed to receive the 1st four A380s. It now looks like the aircraft will be delivered in the 4th quarter of 2006.
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TP