Airbus In 'Major Review' Of A380 Delivery Targets - CEO

[Gerald A]

April 29, 2008

Airbus is carrying out "a major review" of its delivery targets for the A380 superjumbo and might meet the set dates, its chief executive said on Tuesday, leaving the European aircraft maker with some wiggle room.

"I am currently conducting a major review of the ramp up plan," Chief Executive Tom Enders told reporters.

"We are conducting a review right now, (it) might well be that we achieve that," he said in response to a question on whether Airbus would achieve its delivery targets.

Airbus' targets called for one delivery of the jet in 2007, 13 more in 2008 and 25 in 2009.

"This is a very steep ramp up and this is something one always needs to be concerned about," he said, calling it a "difficult subject."

Enders also said the company had a limited ability to save money by cutting jobs because it needs staff to meet delivery deadlines.

(Reuters)

Gerald