Backlash Sees Airbus Shares Fall

Daily PostJune 15, 2006

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Summary


ANGRY airlines worldwide punished Airbus yesterday for delays in the delivery of its A380 superjumbo, demanding compensation, reconsidering orders - and in one case, striking a major deal with its rival Boeing.

Shares in Airbus' parent company plummeted and Boeing's soared as repercussions of the production problems with the world's biggest passenger plane resonated throughout the industry.

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Extract


Backlash Sees Airbus Shares Fall

Singapore Airlines, one of the world's top carriers and the fi...

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