A380 Wing Crack Bill Tops €200 Million

Airbus is taking a €158 million charge linked to the costs associated with wing component cracking on its A380s with more costs excepted to come. The latest charge covers repairs on 71 aircraft delivered and comes on top of a €105 million provision taken in March because of the same problem. Airbus CFO Harald Wilhelm says additional costs are due this year to cover the cost of fixing around 30 A380s being delivered this year. That could bring the bill to €260 million for 2012, he says ...