Airbus A380: Delays again?

Airbus SAS,Toulouse France based Aircraft manufacturing subsidiary of EADS, has announced new delay on the deliveries of its A380 double decker aircraft for the next three years.

Since the airlines’ future flight and crew training schedules are closely tied to airline delivery, this might be big hit for airlines that had big orders for the A380.

From Bloomberg Article -

“Airbus SAS, two years behind schedule
on the double-decker A380 plane, cut the model’s delivery targets
for three years, saying it can’t automate production as quickly
as planned after wiring difficulties forced it to assemble part
of the cabin by hand.”

“The planemaker will deliver 12 A380s this year instead of
the 13 planned, 21 airliners in 2009 rather than 25, and 30 to 40
planes two years from now instead of 42, Chief Executive Officer
Tom Enders said on a conference call today.”