PARIS Dec 27 Planemaker Airbus said on
Tuesday it was postponing the delivery of 12 A380 planes to
Emirates Airline over the next two years, and added it would
step up cost cuts to minimise the impact of these delays.
Airbus, whose main rival is U.S group Boeing, said
six deliveries of the A380 would be postponed from 2017 to 2018,
with another six postponed from 2018 to 2019, following an
agreement between Emirates and engine maker Rolls
Royce and a consecutive deal between Airbus and Emirates.
"Airbus re-confirms the target to deliver around 12 A380s
per year from 2018 as announced earlier in July 2016. Further
fixed cost reduction initiatives will be accelerated so the
impact on break-even in 2017 is minimal," the company said in a
Emirates Airline had said in November it was having some
unspecified technical issues with Rolls-Royce engines for
(Reporting by Sudip Kar-Gupta; Editing by Ingrid Melander)