UPS reconsidering A380 purchase...

[whatkindoffreshhell]

UPS reviewing Airbus order (www.joc.com)

Updated 4:43 p.m. ET, Mon Oct 23, 2006


As Airbus struggles with production delays, UPS has set up a team to evaluate its planned purchase of 10 A380 freighters.

On Oct. 4 Airbus announced a third delay to production of the superjumbo due to continuing problems with the plane's wiring. The program is now two years behind schedule.

Atlanta-based UPS has 10 A380s on order, worth more than $2.5 billion at list prices, with an option to buy 10 more.

The carrier said on Friday that it received official notification of the latest delay on Oct. 6, pushing back its first A380 delivery to May, 2010 from September, 2009.

Anybody wanna bet on a fourth delay? This aircraft should never have been built.

 

[Nor'Easta]

This aircraft should never have been built.

I agree 100%! It's an accident waiting to happen.

 

[1AA]

Too Big, too fast off the drawing board.
Needs too much external modifications at airports to accommadate it.

 

[Flying Titan]

UPS seen canceling Airbus A380 order: Les Echos

By Caroline Jacobs
Reuters
Friday, January 19, 2007; 9:51 AM

PARIS (Reuters) - Airbus could soon be without a single order for the freighter version of its troubled A380 superjumbo, a market the planemaker only recently said held demand for 400 planes.

French newspaper Les Echos reported on Friday that United Parcel Service Inc. <UPS.N>, the world's largest package delivery firm, is expected to cancel the only remaining order -- for 10 of the planes -- next week. It did not identify its sources for the story.

Asked on Wednesday whether UPS was poised to dump the plane, top Airbus salesman John Leahy said: "They are deciding that as we speak."

On Friday, a spokeswoman for Airbus asked about the newspaper report said: "I have no information along that line." Airbus is owned by European aerospace group EADS

Full Article

 

[coolflyingfool]

With FEDEX cancelling their order, I would think that UPS would hold Airbus over the fire and try to renegotiate the order at a much discounted price or cancel their order entiely and move like FDX over to Boeing for an order. just my thoughts...........

 

[Flying Titan]

UPS, Airbus Revise A380 Super-Jumbo Deal

By DANIEL YEE
The Associated Press
Friday, February 23, 2007; 1:29 PM

ATLANTA -- Despite a two-year delay in the rollout of the new A380 double-decker jet, UPS Inc. continued Friday to focus on the new plane's potential by working out an agreement with Airbus revising delivery dates for its 10-plane order and allowing either party to terminate the purchase order later this year.

In contrast, UPS rival FedEx Corp. responded to the new plane's delays by canceling its A380 order with Toulouse, France-based Airbus in November and announcing it would purchase 15 U.S.-made Boeing 777 freighters with an option to buy 15 more.

UPS, the world's largest shipping carrier, ordered its first 10 A380F jets in January 2005 for use on U.S.-Asia routes. The deal included an option to buy 10 more planes. Deliveries originally were to begin in 2009 and run through 2012.

UPS and Airbus officials declined Friday to disclose the new delivery dates. The agreement was signed Thursday, UPS said.

Airbus spokeswoman Barbara Kracht confirmed a new agreement had been reached but declined to comment further.

UPS spokesman Norman Black also declined to reveal the financial terms of the original deal. The A380 sells for as much as $280 million at retail prices but large airline customers typically negotiate steep discounts. Black declined to say whether the new agreement included price concessions from Airbus.

Full Article

 

[LGA Fleet Service]

More than likely you will see UPS terminate the agreement and order 777F's.

 

[FA Mikey]

UPS Inc., the world's largest shipping carrier, said Friday it will cancel its order for 10 Airbus A380 freighters, following delivery delays by the European aircraft maker.

story here