Go Symbol Lookup
Loading...

>> View AllResults for ""

 Enter multiple symbolsseparated by commas

 London quotes now available

Singapore Airshow 2012

We 'Screwed Up' on A380 Wing Cracks: Airbus CEO

 Text Size  
Published: Monday, 13 Feb 2012 | 1:47 AM ET
Gauri Bhatia By:

Digital Editor, CNBC Asia

Airbus CEO Tom Enders said the company will fix problems in the wings of the A380 superjumbo, after cracks were detected last month, and said he hoped the issue won't hurt sales of the aircraft in its target markets of Asia and the Middle East.

Johannes Eisele | AFP| Getty Images
Tom Enders, CEO of aircraft manufacturer Airbus

“We will fix it (wing problem) as quickly as possible. This is unfortunate, this is us. We screwed that up. Whatever the cost, we will fix it,” Enders said on the sidelines of the Singapore Airshow Aviation Leadership Summit.

He added that it was too early at this point to say how much it would cost to fix the cracks in the wings, but according to some media reports it could be around 100 million euros ($132 million).

Enders said he was very hopeful that more customers would place orders for the A380 in Asia in the coming years as the aircraft was “built for Asia and the Middle East.”


“We are just at the beginning (in Asia)….when people saw the airline fly last year in Korea and China, they realized it offered superior economies. The A380 will fly in Malaysia and Thailand this year and we will sell a lot of A380s in the future,” Enders said.

Despite several technical delays and glitches after it entered service in 2007, including a problem in 2010 with its Rolls Royce engine, Enders says the aircraft is here to stay. “The (A 380) program was deliberately devised and to last 40 –50 years,” he said.

 Print
Airbus CEO Tom Enders said the company will fix problems in the wings of the A380 superjumbo, after cracks were detected last month, and said he hoped the issue won't hurt sales of the aircraft in its target markets of Asia and the Middle East.

Related

   
Comments

 

More Comments

 
 

Add Comments

 

Your Comments (Up to 1100 characters):

Remaining characters
Preview Comment

CNBC welcomes your contribution. Please respect our community and the integrity of its participants. CNBC reserves the right to moderate and approve your comment.

Your comments have not been posted yet.

Please review your submission to make sure you are comfortable with your entry.

Your Comments:


                
            

                Edit Comment
            

            

                Submit Comment
            

        
         
    
  





	    

	

    

        
        

            

            

        

         



    


	

	

	



			

		


		    
    		Featured
	    
    

		
 
	
    
        
                		        
  • 
	        		            	
	
							



    
	
    
											
					World's Best International Airlines							
			
    
						
			
			
    Don't expect cramped seats or endless delays on these flights. These airlines were ranked as the world's best.
    
	
		
	
	
    	            	        
    • 
                		        
  • 
	        		            	
	
							



    
	
    
											
					Airline Firsts That Changed the Industry							
			
    
						When the Wright Brothers successfully launched their airplane from the sand dunes of Kitty Hawk, N.C., on a chilly day in December, 1903, they likely never imagined the enormous global industry that would follow.In 2010, commercial airline industry revenues topped $554 billion and are forecast to hit $598 billion in 2011, according to the International Air Transport Association. The growth over the last 108 years has been enormous, and so have the changes. Some were born of necessity, others of
			
			
    Here, we take a look at the evolution of air travel: the good, the bad and the inbetween — they're all "firsts" that changed the industry.
    
	
		
	
	
    	            	        
    • 
                		        
  • 
	        		            	
	
							



    
	
    
											
					High Fliers in Modern Aviation							
			
    
						Whether luxury business jets or commercial airliners, some planes have a special place in aviation history. To mark the 2011 Dubai Air Show, we've picked 12 aircraft whose design and construction make them key players in almost a century of innovation. Click ahead to see an early runway success, modern flyers that have gained worldwide recognition and new models likely to make their mark in the years and decades ahead, as well as their production history.
			
			
    To mark the 2011 Dubai Air Show, we've picked 12 aircraft whose design and construction make them key players in almost a century of innovation.
    
	
		
	
	
    	            	        
    • 
                		        
  • 
	        		            	
	
							



    
	
    
											
					Aircraft With Unusual Purposes							
			
    
						When you think of aircraft, you usually imagine passenger planes, private jets or military aircraft. But what about planes that aren’t designed to only carry passengers? Planes that are created for specific functions like saving lives, construction, espionage, as well as those that will transform the way we travel in the future.We’ve put together a list of eight innovative aircraft — from old models to state-of-the-art. Each of them was specifically designed to perform a function or solve a prob
			
			
    When you think of aircraft, you usually imagine passenger planes, private jets or military aircraft. But what about planes that don't just carry passengers?Here are some uncommon aircraft with important functions.
    
	
		
	
	
    	            	        
    •