BREAKING NEWS

BREAKING NEWS

Ministerial meeting on Airbus A400M delayed to February

Now Reading:

Ministerial meeting on Airbus A400M delayed to February

Text size Aa Aa

BERLIN (Reuters) – NATO buyer nations for the European A400M military transport plane have postponed a ministerial meeting on the troubled programme for three months until February, said two sources familiar with the 20 billion euro (17.69 billion pounds) project. Ministers had planned to meet in London in mid-November to discuss a potential reset after Airbus <AIR.PA> sought relief from heavy fines incurred due to technical snags and delays. Airbus took a writedown of 1.2 billion euros on the programme in February and warned of “significant risks ahead”.

(Reporting by Andrea Shalal, Editing by Tim Hepher and Hugh Lawson)
euronews provides breaking news articles from reuters as a service to its readers, but does not edit the articles it publishes. Articles appear on euronews.com for a limited time.