Airbus Unlikely To Resume A380 Freighter Until 2015

June 19, 2007

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European planemaker Airbus said on Tuesday it was unlikely to resume its suspended A380 freighter before 2015.

"We will start it up later. Probably the middle of the next decade," Airbus sales chief John Leahy told reporters.

Airbus had originally planned to build an A380 freighter soon after deliveries of the passenger version, but costly delays in the program and cancellations by customers such as United Parcel Service prompted the planemaker to temporarily shelve its freighter plans.

Airbus has been hit by delays to its A380 superjumbo, which caused a dramatic slump in the 2006 profits of its parent company EADS.

(Reuters)